Jenner & Block

Client Alert: New Directions on US Sanctions

Last Tuesday’s confirmation hearings for Treasury Secretary Janet Yellen and Secretary of State Antony Blinken have shed more light on the Biden administration’s approach to key sanctions programs. At a high level, human rights considerations are expected to loom larger in sanctions strategy going forward. Other systemic changes may be afoot as well; Yellen plans to direct Adewale Adeyemo, the nominee for Deputy Treasury Secretary, to conduct an overall review of US sanctions policy, and the Biden administration has also ordered a review of sanctions as possible hindrances to COVID-19 response efforts. Below are seven areas of interest along with key takeaways thus far.

To view the full alert, click here. New York University School of Law’s Program on Corporate Compliance and Enforcement republished the alert, which is available here on the program’s blog.