Join us on Tuesday, December 15 for this complimentary webinar discussing economic sanctions, export control, and related developments over the past year.  Featured panelists include Steptoe International Compliance Blog contributors Alex Baj, Jack Hayes, Stephen Heifetz, Andy Irwin, Anthony Rapa, Meredith Rathbone, and moderator Ed Krauland.

Date:   Tuesday, December 15, 2015
Time:   12:00 p.m. –

What factors must companies consider when engaging in international mergers and acquisitions?  Although there has been much fanfare about President Obama’s announced relaxation of the Cuban embargo and plans to roll back Iran sanctions, many sanctions traps remain for the unwary.

In their article “What’s Sanctions Got to Do with It?  Why Understanding US Sanctions

On July 22nd, the Department of Commerce’s Bureau of Industry and Security (BIS) revised the Export Administration Regulations (EAR) to implement the Secretary of State’s May 29, 2015 rescission of Cuba’s designation as a State Sponsor of Terrorism.  While Cuba’s removal from this list is a notable symbolic action, and provides some benefit to non-US companies, it will not significantly change the limitations on the ability of US companies to export to Cuba.  Unless US companies have a license, or rely on a license exception, they will still be prohibited from exporting to Cuba.  For non-US companies that are exporting foreign-origin items containing US-origin content to Cuba, however, this removal of Cuba from the State Sponsor of Terrorism does offer some relief.

Continue Reading BIS Removes Vestiges of Cuba’s State Sponsor of Terrorism Designation from the EAR, with Little Practical Impact