Search Results for keywords:"foreign entities"

The State Department has released a report required by the Global Magnitsky Human Rights Accountability Act, detailing the actions taken under this law in 2024. During the year, the U.S. designated 70 foreign individuals and entities involved in human rights abuses and corruption across 19 countries. These actions were part of efforts to hold accountable those involved in serious crimes like violence against women, bribery, and political repression. The report also highlights international cooperation with countries like Canada and the UK in enforcing these sanctions globally.

The U.S. Department of Commerce has introduced new regulations to strengthen the security of the Information and Communications Technology and Services (ICTS) supply chain in accordance with Executive Order 13873. Effective March 22, 2021, these rules will allow the Secretary of Commerce to review, block, or impose conditions on transactions between U.S. and foreign entities that may pose security risks due to involvement with foreign adversaries. The regulations outline a process for reviewing transactions and require entities to retain records related to a transaction if it is under review. Additionally, certain countries such as China, Iran, and Russia are identified as foreign adversaries, and the rule aims to protect U.S. national security by mitigating risks associated with these and other foreign entities.