Cross-Border Compliance Update

Cross-Border Compliance Update: April 2020

May 11, 2020

Foley Hoag’s Trade Sanctions & Export Controls Practice offers experienced, proactive regulatory advice to help clients avoid regulatory compliance missteps and to prevail in official proceedings. For more information about global compliance, visit the Foley Hoag Trade Sanctions & Export Controls Practice Group.

Included in this Issue:

  • Telecommunications Updates
    • “Team Telecom” Formalized by Executive Order
    • DOJ Asks FCC to Revoke China Telecom Authorization
  • OFAC Civil Monetary Penalties Adjusted for Inflation
  • State Department Sanctions Russian Imperial Movement
  • North Korea Sanctions and Cybersecurity Updates
    • OFAC Amends North Korea Sanctions Regulations
    • Federal Agencies Issue Advisory on the Cyber Threat Posed by North Korea
  • OFAC Issues Venezuelan-Related General License 8F, Replacing General License 8E
  • SEC Charges Former Executive of Financial Services Company with FCPA Violations
  • USTR Announces USMCA Entry into Force on July 1, 2020; New Executive Order Establishes USMCA Interagency Labor Committee
  • New BIS Rule Tightens Exports to China, Venezuela, and Russia; License Exception for Civil End-Users Removed from EAR
  • Updates on CBP Forced Labor Enforcement
    • Withhold Release Order (WRO) on Tuna Revoked
    • CBP Releases Forced Labor Process Presentation
  • OFAC Issues Finding of Violation to American Express


Telecommunications Updates

“Team Telecom” Formalized by Executive Order

On April 4, 2020, President Trump released an “Executive Order on Establishing the Committee for the Assessment of Foreign Participation in the United States Telecommunications Services Sector.” The Committee will have a formal role in assisting the Federal Communications Commission (FCC) in its review of national security and law enforcement concerns that may be raised by foreign participation in the U.S. telecommunications services sector.

Download the April 2020 Foley Hoag Cross-Border Compliance Update (pdf).