The Effects Of New 10-Year Limitation On Key Sanctions Laws

By Kara Bombach, Cyril Brennan and Miranda Carnes (May 24, 2024, 5:13 PM EDT) -- On April 24, President Joe Biden signed Public Law No. 118-50, emergency supplemental appropriations legislation that includes several national security and foreign aid provisions, including the 21st Century Peace Through Strength Act, which became effective immediately upon signing.[1] The new law doubled the statute of limitations for economic sanctions violations and implemented additional sanctions measures....

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