Anti-Boycott Violations Result in $238,000 Civil Penalty The (BIS) Bureau of Industry and Security has assessed a $238,000 civil penalty against a foreign affiliate [Coty Middle East FZCO (UAE)] of a U.S. company [Coty, Inc] to settle charges that it committed 70 violations of the anti-boycott provisions of the Export Administration Regulations. BIS charged that in … [Read more...]
November Newsletter – 2016
November Newsletter - 2016 Happy Thanksgiving ~ November Updates View November Newsletter ACE: Tips on Setting Up an Account Export Shipments: What are Filing Citations and Exemption, Exclusion Legends? ⇒Trade Compliance Policy & Procedure Documentation Violations: → Extradicted Pakistani-33 months in Prison → California woman - 50 months in prison → … [Read more...]
ACE: Tips on Setting Up an Account
ACE: Tips on Setting Up an Account From Global Reach: Here are some common answers and issues for those who set-up exporter accounts in ACE on behalf of a client, authorized agents and freight forwarder roles, as well as with existing ACE importer accounts. Exporter Roles “Exporter” is an account type within the ACE account structure used for all export related … [Read more...]
Trade Compliance: Policy & Procedure Documentation
Trade Compliance: Policy & Procedure Documentation Trade compliance policies & procedures should be documented, trained, implemented and audited. Start with a high level policy that describes: Introduction and Company Background Background Company Information Company Organization Company Trade Compliance Policy Purpose of Trade … [Read more...]
Extradited Pakistani National Sentenced to 33 Months in Prison for Attempting to Export…
Extradited Pakistani National Sentenced to 33 Months in Prison for Attempting to Export... Syed Vaqar Ashraf, 71, of Pakistan, was sentenced today to 33 months in prison for attempting to export sensitive technology for Pakistani military. Ashraf previously pleaded guilty to conspiracy to export defense controlled items without a license. Ashraf attempted to procure … [Read more...]