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Global Trade & Sanctions Law

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Global Trade & Sanctions Law: Global Trade & Sanctions Law — Breaking News and Insights Published by Pillsbury Winthrop Shaw Pittman LLP

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UK Government Implements New Sanctions Enforcement Recommendations

In May 2025, the UK government published the Cross-Government Review of Sanctions Implementation and Enforcement policy paper (“Cross-G...

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OFAC Designates Rosneft and Lukoil in Significant Expansion of Sanctions Targeting Russia’s Energy Sector

On October 22, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced significant new sanctions for Russia’s energy sector, designating Rosneft Oil Company (Rosneft) and Lukoil OAO (Lukoil) under Executive Order 14024 as Specially Designated Nationals (SDNs), along with dozens of directly named subsidiar...

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Commerce Department Issues "Affiliates Rule,” Extends Entity List Restrictions to Majority-Owned Foreign Entities

On September 29, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a long-anticipated interim final rule (IFR) amending the Export Administration Regulations (EAR) to extend Entity List a...

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What the Trade Needs to Know (and Do) About the DOJ’s New Trade Fraud Task Force

Last month, the U.S. Department of Justice (DOJ) announced the launch of a “cross-agency” Trade Fraud Task Force “to bring robust enforcement against importers and other parties who seek to defraud th...

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Key Takeaways from the CFIUS 2024 Annual Report

The Committee on Foreign Investment in the United States (CFIUS) recently published its 2024 Annual Report. Filing volume for both declarations and notices remains lower compared to their peaks in 2021 and 2022, respectively. While CFIUS continues ...

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