Penalty for Anti-boycott Violations The Bureau of Industry and Security (BIS) has reached an agreement regarding a Maryland company that will pay a $9,000 penalty to settle the violations of the anti-boycott provisions of the Export Administration Regulations. The company was charged with one count of furnishing information about business relationships with boycotted … [Read more...]
Are You Ready for Export Requirement changes effective April 5, 2014?
Are You Ready for Export Requirement changes effective April 5, 2014? Are you aware of the new Export requirements being implemented on April 5th, 2014? The Foreign Trade Regulations (FTR) and how they will affect you Are you aware of upcoming changes? Changes in reporting requirements New fields added to the Automated Export System Changes in … [Read more...]
What is the Foreign Sanctions Evaders (FSE) List?
What is the Foreign Sanctions Evaders (FSE) List? Are you familiar with Foreign Sanctions Evaders (FSE) List? OFAC publishes a list of foreign individuals and entities determined to have violated, attempted to violate, conspired to violate, or caused a violation of U.S. sanctions on Syria or Iran. It also lists foreign persons who have facilitated deceptive transactions … [Read more...]
2014: Export Control Reform News
2014: Export Control Reform News On January 2, the Departments of State and Commerce published final rules implementing ECR (Export Control Reform). These rules revise USML (United States Munitions List) Categories IV (Missiles, Launch Vehicles), V (Explosives), IX (Military Training Equipment), X Protective Personnel Equipment), and XVI (Nuclear Testing Equipment) and … [Read more...]
Connecticut Resident Indicted for Shipping Sensitive Documents to Iran
FORMER CONNECTICUT RESIDENT INDICTED FOR ATTEMPTING TO SHIP SENSITIVE MILITARY DOCUMENTS TO IRAN MOZAFFAR KHAZAEE, formerly of Manchester, Conn., was formally charged with interstate transportation of stolen property, after he attempted to ship to Iran proprietary material relating to military jet engines and the U.S. Air Force’s F35 Joint Strike Fighter program that he had … [Read more...]