BIS, Denied & Restricted Parties, Export Compliance, ITAR
It’s impossible to conduct a meaningful transactional export compliance process without running into the alphabet soup of restricted party lists. Here’s an overview of the lists most likely to come up and how they’re used. Entity List What’s affected: Exports,...
BIS, BIS, Enforcement, Violations & Fines
By: Danielle Hatch Eric Baird, former CEO of Access USA Shipping, has received the largest BIS penalty to ever be imposed on an individual. The Florida-based man has agreed to pay $17 million for willful violations of the Bureau of Industry and Security (BIS)...
BIS, Cuba, License Exceptions
Source: Federal Register Effective November 9, 2017, The Bureau of Industry and Security (BIS) has amends the licensing policy for Cuba and portions of three license exceptions available for exports and reexports to Cuba: License Exceptions Gift Parcels and...
BIS, China, EAR, OFAC, Sanctions, Treasury Dept, Violations & Fines
In early 2017 China’s largest telecommunications company agreed to pay a nearly $900 million penalty to the US after entering a guilty plea for illegally shipping goods to Iran and North Korea. ZTE was charged with 380 violations of the EAR, including (1) Conspiracy...
Antiboycott, BIS, Commerce Dept, Violations & Fines
By: Ashleigh Foor (Source: Commerce/BIS) On September 25, 2017, Whirlpool Europe Srl (Italy) was charged with three violations of 15 CFR 760.2(a), refusal to do business, ten violations of 15 CFR 760.2(d), furnishing information about business relationships with...
BIS, China, EAR, Enforcement, Export License, Licensing, Russia, Violations & Fines
By: Ashleigh Foor On September 25, 2017, Miltech, Inc. of Northampton, MA was charged a civil penalty of $230,000 due to engaging in conduct prohibited by the EAR when it exported items subject to the EAR from the United States to China and Russia without the required...
