FIRST QUARTER 2022
• US and Western allies impose unprecedented sanctions on the
Russian Federation in response to its invasion of Ukraine. For full
details and analysis, see our separate publications of February 28,
March 22, and April 27, along with our Annex of key Russian
individuals and entities subject to the US, EU, and UK sanctions.
• As the world adjusts to the new sanctions landscape, US finds
familiar
targets in North Korea and Iranian missile procurement
networks.
• DOJ terminates Trump-Era "China Initiative" on IP-theft, while the
SEC threatens to delist six Chinese issuers from US exchanges over
audit concerns.
• Another US travel-services company settles potential liability for
Cuba infractions; OFAC penalizes Hong Kong distributor for
transferring USD payments in connection with Iran business.
