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Recent changes
OFSI General Licence - Russia Sanctions Bond Restructuring
OFSI issued General Licence INT/2023/2824812 under the Russia (Sanctions) (EU Exit) Regulations 2019 to permit bond restructuring and amendments for non-Designated Persons. The licence allows Issuers and UK Persons to effect bond restructurings provided no funds reach Designated Persons and any amounts owed to sanctioned parties remain frozen. The licence was extended on 28 March 2025.
Bond Restructuring Licence for Non-Designated Persons
OFSI issued General Licence INT/2023/2824812 permitting bond restructurings and amendments where Designated Persons hold bonds, provided no funds reach designated parties and any frozen assets remain blocked. UK issuers and Relevant Institutions may process qualifying bond transactions under this licence, subject to reporting requirements to HM Treasury within 14 days of completion.
Water fittings ICT solution tender
Northern Ireland Water Ltd published a tender notice for a replacement ICT solution to support statutory Water Fittings Inspection services under the Water Supply (Water Fittings) Regulations (Northern Ireland) 2009. The estimated contract value is £720,000 excluding VAT over an initial 5-year term with potential extensions up to 8 years. Bidders must provide a cloud-based SaaS solution to manage risk-based inspection strategies for water fittings compliance.
OFAC Document Submission Standards for Sanctions Compliance
OFAC issued Production Submission Standards providing best practices for submitting documents during sanctions investigations. The guidance covers organizing submissions, electronic document conventions, file structure, Bates numbering, and technical specifications for files over and under 150 megabytes. These standards apply primarily to administrative subpoena responses, requests for information, and disclosures containing voluminous documentation.
Steel Concrete Reinforcing Bar from Algeria Injury Determination
The USITC determined that the U.S. steel concrete reinforcing bar industry is materially injured by reason of imports from Algeria sold at less than fair value. Chair Amy A. Karpel and Commissioners Jason E. Kearns and David S. Johanson voted affirmatively. As a result, the Department of Commerce will issue an antidumping duty order on these imports.
Andi Gjoci v. Department of State - Diversity Visa Program
The D.C. Circuit affirmed the district court's dismissal of claims brought by selectees and beneficiaries of the FY2021 Diversity Immigrant Visa Program who challenged the State Department's administration of their visa applications during COVID-19 processing delays. The court upheld dismissal on mootness and standing grounds, incorporating prior circuit precedent that district courts lack authority to order the State Department to continue processing diversity visas beyond fiscal year deadlines.
Mississippi Locks Dam 18 Preliminary Permit Cancellation Notice
FERC's Office of Energy Projects issued a notice to Low Head Hydro M 18 LLC regarding an overdue Progress Report for the Mississippi Locks and Dam 18 Hydroelectric Project under Docket P-15393. The letter provides notice of probable cancellation of the Preliminary Permit due to non-compliance with reporting requirements.
FERC Accepts Gate Inspection Report Extension for North Anna Project
FERC Atlanta Regional Office accepted an extension request from North Anna Power Station to delay submission of the 10-year detailed Gate Inspection Report for Project P-6335. The extension request was dated March 30, 2026. This is a routine administrative action that grants additional time without modifying substantive requirements.
Dominion Energy South Carolina Sluice Gate Decommissioning Required
FERC Atlanta Regional Office issued a compliance directive to Dominion Energy South Carolina Inc. requiring the company to file additional information within 30 days regarding the sluice gate decommissioning at the Parr Shoals Development under Project P-1894. The request stems from the hydropower licensing process and failure to respond could affect the project's continued operation.
Seminoe Pumped Storage Project Historic Preservation Consultation
FERC's Office of Energy Projects sent a letter to the Advisory Council on Historic Preservation regarding the Seminoe Pumped Storage Project (P-14787). The letter responds to an additional information request and continues the Section 106 consultation process under the National Historic Preservation Act.
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