The White house announced initiatives to improve the cyber security of the US Port infrastructire, with enhanced authorities for the Coast Guard to inspect vessels and write minimum cybersecurity rules.
Additionally, the administration will invest over $20 billion to subsidize the manufacture of cranes in the US and Korea, to reduce a dependance on Chinese supply. There are no plans to replace the over 200 Chinese cranes already in place.
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 83A, "Authorizing Certain Transactions Related to Imports of Certain Categories of Fish, Seafood, and Preparations Thereof Prohibited by Executive Order 14068."
The General License permits importation into the United States of seafood derivative products that were loaded onto a vessel at the port of loading prior to February 20, 2024, pursuant to written contracts agreements entered into prior to December 22, 2023, are authorized through May 31, 2024.
The Financial Crimes Enforcement Network (FinCEN) published a small entity compliance guide today that provides an overview of the requirements regarding access to beneficial ownership information (BOI) by small entities.
The guide includes sections summarizing the Access Rule’s requirements that pertain to small financial institutions’ access to BOI.
Nearly $500,000 of forfeited proceeds of an illicit machine tool sale to Russian buyers will be used to support a drone-based program to assess the damage Russian aggression has done to Ukraine’s electrical distribution and transmission infrastructure.
Deputy Attorney General Lisa Monaco and Estonian Secretary General Tõnis Saar announced the transfer at the Munich Security Conference Saturday Feb 17.
Marking the one-year anniversary of the Disruptive Technology Strike Force, the Departments of Justice and Commerce released a joint fact sheet touting their accomplishments.
The Task force initiated 14 cases involving alleged sanctions and export control violations, smuggling conspiracies, and other offenses related to the unlawful transfer of sensitive information, goods, and military-grade technology to Russia, China, or Iran. These cases were brought through the work of U.S. Attorneys’ Offices throughout the country and the Counterintelligence and Export Control Section in Justice Department’s National Security Division.