3 articles found for Sanctions & Export Controls in United States

Extraterritorial Jurisdiction: International SaaS providers are subject to US export controls if their software contains US-origin technology, is hosted on US servers, or utilizes specific levels of encryption. Encryption Classifications:...

Secondary Sanctions Are Expanding: The Office of Foreign Assets Control (OFAC) is aggressively leveraging secondary sanctions, meaning foreign financial institutions (FFIs) can lose access to the US financial system even...

Broad Scope: US export controls now target not only hardware but also the software, technology, and "know-how" required to develop advanced AI and semiconductors. Strict Liability: Companies are held responsible...