Export Compliance Daily
WEB24–25. Defense Exports Conference, London (here) Sep. 25. ComDef 2024 Conference (here) Oct. 1. Tri - Seal Enforcement Event (here) Export Compliance Daily serves the daily information needs of customs brokers, attorneys, export managers, compliance officers, logistics professionals, shippers and executives at every stage of the export process.
Law Firm Expects US to Expand Statute of Limitations for EAR …
WEBMay 6, 2024 · President Joe Biden on April 24 signed into law a wide-ranging national security bill that extended the statute of limitations on certain sanctions violations from five to 10 years (see 2404290071 and 2404240043).Steptoe, in a May 2 client alert, said it envisions the U.S. making the same change for violations of the Export Administration Regulations to make sure U.S. enforcement powers are ...
US Issues New Export Control Code of Conduct, Export Guidance
WEBMar 31, 2023 · The U.S. and more than 20 of its allies this week released an export controls code of conduct, establishing a new forum for “subscribing states” to share information and stop technologies from being used for human rights violations.The Bureau of Industry and Security also issued new guidance describing how it factors human rights issues into its export application decisions and outlining ...
Recent Export Control Enforcement Actions 'Just the Beginning,' …
WEBMay 18, 2023 · The new strike force, launched by DOJ and the Commerce Department in April (see 2302160019), is “sending a strong demand signal” from “headquarters” to prosecutors that the administration is prioritizing export control and sanctions cases, Axelrod said.But he also said the government had been working on this week's indictments -- which charged six people for trying to illegally ship ...
US Should 'Tread Lightly' Around New Export Controls, Lawmaker …
WEBJul 17, 2023 · Warner, speaking during an event last week hosted by the German Marshall Fund, was asked whether the U.S. needs to better regulate certain activities by cloud providers, which are reportedly being used as a loophole by Chinese companies to acquire advanced semiconductors. The Bureau of Industry and Security has said it’s looking at ways to stop China from specifically using rental agreements ...
US Shares Export Control Evasion Trends Identified by Banks ...
WEBSep 12, 2023 · The report comes after FinCEN and BIS in recent months issued two joint alerts, including one that was designed to put companies and entities “on notice” about the types of red flags they should be monitoring for potential Russian sanctions and export control evasion tactics (see 2210060043).The alert also created a new code for financial institutions to include in their Bank Secrecy Act ...
BIS Aiming for More Corporate Enforcement This Year, Official Says
WEBMar 6, 2023 · BIS Aiming for More Corporate Enforcement This Year, Official Says. 6 Mar 2023 by Ian Cohen. The Bureau of Industry and Security will increase the number of penalties it issues against corporations for export violations this year, an effort it hopes will lead to improved industry compliance, the top export BIS …
Lawmakers Call for More China, Huawei Controls - Export …
WEBJul 21, 2023 · Gallagher, speaking during a July 20 committee hearing, said new export controls and other trade restrictions against China have been “stuck” in “interagency purgatory,” adding that he believes new Huawei controls were sacrificed to ease diplomatic tensions with Beijing.Other lawmakers have also accused the Biden administration of delaying new export controls and sanctions against ...
CBP Says Past Export Filing Penalties, Redelivery Notices Were …
WEBNov 1, 2023 · Some forwarders in recent years have reported a rise in penalties for violations surrounding ocean shipments that occurred more than a year prior (see 2105040040).Russell said CBP was right to issue all of the penalties he reviewed, saying the exporter had either omitted filing information or submitted a late …
BIS Sees Surge in Completed End-Use Checks in China
WEBJun 2, 2023 · Axelrod attributed the change to a new policy announced in October that allows BIS to move companies from the Unverified List to the more restrictive Entity List if the agency is unable to conduct an end-use check on those entities within 60 days (see 2210070006).The agency in December said it was already noticing China being more receptive to U.S. end-use checks (see 2212060059).
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