This article originally appeared on Law360 on June 9.
The novel coronavirus and resulting global health pandemic and economic crisis created a perfect storm for bad actors to engage in fraud and financial crimes. Law enforcement’s response to the criminal activity spurred by the pandemic and economic stimulus and relief efforts are still nascent and focusing on low hanging frauds by individuals and small groups.
Continue Reading Another COVID-19 Enforcement Tool: Money Laundering Law
The U.S. Department of Education is just now starting to pay attention to a reporting requirement in the Higher Education Act (HEA) that harkens back
Continue Reading One Higher Ed Requirement To Know Now
*This is an updated version of the December 10th blog post.
Key Takeaways:
Continue Reading Comment Deadline Extended: Export Controls on Emerging Technologies
Key Points
1. All sanctions on Iran that were in place before January 2016 will be re-imposed no later than November, 4 2018.
2. Secondary sanctions that penalize non-U.S. persons doing business with Iran will be reinstated.
3. General License H, allowing non-U.S. subsidiaries of U.S. companies to do business in Iran, will be revoked.
4. In some cases, companies may take payments or repayments for sales, loans, or credits to Iran after November 4, 2018
Continue Reading Client Alert: Iran Sanctions Return