Export controls and economic sanctions
Export control laws and regulations restrict the transfer of products, technology, information and services to foreign persons. U.S. export controls are implemented by a number of different regulatory agencies, including:
- Department of State, Directorate of Defense Trade Controls (DDTC)
- Department of Commerce, Bureau of Industry and Security (BIS)
- Department of Energy (DOE)
- Bureau of Alcohol Tobacco, Firearms and Explosives (ATF)
Export controls have also become a key aspect of foreign investment reviews by the Committee on Foreign Investment in the United States (CFIUS).
Economic sanctions laws and regulations implement foreign policy and national security policies by restricting various forms of economic activity involving designated individuals, organizations, companies or countries/regions. U.S. economic sanctions are implemented primarily by the Department of Treasury, Office of Foreign Assets Control (OFAC) and the Department of State.
Our team has extensive experience in guiding a range of clients, from start-ups to multinational corporations, through the complexities of complying with export controls and economic sanctions requirements. We regularly advise clients on regulatory requirements, provide opinions on classification and jurisdiction, apply for export licenses, draft agreements, conduct investigations and submit voluntary disclosures of violations, and assist in compliance program assessment and improvements.