Eight Senate Democrats led by Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Trump administration Sept. 19 to sanction individuals and entities that have made China the first country to buy liquefied natural gas from the U.S.-sanctioned Arctic LNG 2 project in Russia.
A bipartisan group of nine senators introduced a bill Sept. 18 that would expand U.S. sanctions authorities against the “shadow fleet” of tankers Russia has deployed to circumvent the international price cap on its oil and generate funds for its military.
Three congressional Democrats asked the Treasury Department Sept. 18 to provide more information about its recent decision to delay and possibly revise a new anti-money-laundering rule for investment advisers (see 2507240021).
The U.K. last week sanctioned two people based in Georgia, along with companies in Russia and England, for supporting Russia or doing business with the country.
The Office of Foreign Assets Control last week issued a new form that it said will simplify how companies report property that has been unblocked or transferred, "easing the burden on filers and improving OFAC's processing efficiency." It said the form is optional but "strongly encouraged."
Shipping industry officials last week called for a uniform, global set of rules and sanctions to address a rise in shadow fleet vessels, saying those tankers are presenting increasing safety and security risks for the maritime industry.
The European Commission's next sanctions package against Russia will ban imports of Russian liquefied natural gas, designate more shadow fleet vessels, target more Russian banks, introduce new export controls and more, President Ursula von der Leyen announced last week.
U.K. Prime Minister Keir Starmer said he and President Donald Trump discussed how to "decisively increase the pressure" on Russian President Vladimir Putin "to get him to agree to a peace deal."
House Select Committee on China Chairman John Moolenaar, R-Mich., urged the Trump administration Sept. 18 to work with U.S. allies to take several steps, including restricting or prohibiting outbound investment in China’s aviation sector, to pressure Beijing to stop limiting exports of critical minerals.
Recent updates to the U.S. Munitions List (see 2508260011) may be causing error messages for licenses submitted in the State Department’s Defense Export Control and Compliance System, State said this week.