The Memo signals a significant shift in BIS enforcement policy, as previously companies that filed VSDs could receive partial or total mitigation of civil penalties, but were not penalized if they failed to voluntarily come forward.
When Sudanese strongman Omar al-Bashir was removed from power in 2019 after a 30-year reign, a ray of hope emerged for the millions of people on the streets who spent
Since the Taliban have taken power again, Washington has frozen the Afghan central bank’s U.S. holdings, a move which has aggravated the humanitarian crisis in that country without affecting the regime. And the creation of a fund in Switzerland, meant to manage half the money has had little impact. While Afghanistan was hit by a particularly severe Winter, the efforts to partially lift the freeze on those assets which belong to that country seem to have come to a standstill. In September (.)
China hit back over Taiwan President Tsai Ing-wen’s visits to the United States by announcing live-fire military drills in the Taiwan Strait and leveling largely symbolic sanctions on the venue