Export Compliance Daily
WEB4 days ago · Export controls on American technology are helping the U.S. maintain its technological lead over foreign competitors, and the Biden administration plans to follow that blueprint for restrictions around quantum technologies, said Don Graves, deputy secretary of the Commerce Department.
Export Compliance Daily
WEBStart your 30-day trial today. Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
California Data Company Committed Antiboycott Violations, BIS Says
WEB6 hours ago · The Bureau of Industry and Security reached a $151,875 settlement with Quantum Corp., a California-based data storage and management company, after it allegedly committed 45 violations of the antiboycott provisions …
G7 Nations Call on Traders to Boost Export, Sanctions Due Diligence
WEB5 days ago · The document gives industry “the information necessary to identify and respond to Russia’s changing evasion tactics,” said Matthew Axelrod, assistant secretary for export enforcement. The guidance, issued after a Sept. 24 meeting of the G7 sub-working group on export control enforcement in Brussels, was endorsed by the U.S. along with Canada, France, Germany, Italy, Japan, the U.K. and ...
Multiple Companies Say They Were Mistakenly Caught in BIS Red …
WEB6 days ago · BIS began circulating so-called red flag letters, along with the list of roughly 700 flagged foreign suppliers, to U.S. companies earlier this year, saying the listed suppliers appeared to be shipping their products to Russia, including possibly for use by the country’s military (see 2406060041).The agency said it relied on commercially available customs data to compile the list, but it hasn ...
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 ...
BIS Issues New Rule to Remove Export Control Barriers for …
WEBThe changes, effective July 18, build on rules issued in 2020 and 2022 that authorized the release of certain controlled technology for certain standards-setting activities, including when companies on the Entity List, such as Huawei, are participating in those bodies (see 2006160035 and 2209080038).The agency said it needed to continue revising its rules after receiving public comments that ...
Rising Export Compliance Risk 'Demands' More C-Suite Attention, …
WEBJan 31, 2024 · Export Compliance Daily. Detailed and comprehensive, Export Compliance Daily delivers the perfect mix of strategic developments and operational changes that allows export compliance professionals to understand what has changed, how it will impact their operations, and which products/geographies will be affected.
US Focus on Export Enforcement 'Here to Stay,' Intelligence Firm …
WEBJan 22, 2024 · Sayari pointed to the February launch of the joint Commerce Department-DOJ Disruptive Technology Strike Force (see 2302160019); the first-ever tri-seal compliance note issued by Commerce, DOJ and the Treasury Department in March (see 2303020054); and the joint alerts recently issued by Commerce and Treasury that outlined red flags for Russian sanctions and export control evasion (see 2311060055).
Schools, Researchers Warned to Prepare for New US Export …
WEBUnder the guidelines, released in July, government agencies involved in federal research will require certain schools and research organizations that receive certain minimum …