DOJ Issues New Guidance on Reduced Penalties for Voluntary Disclosure of Export Control and Sanctions Violations The National Security Division (NSD) of the U.S. Department of Justice (DOJ) recently issued guidance documenting its policy regarding the voluntary self-disclosure (VSD) of potentially criminal violations of the export controls and economic sanctions laws under … [Read more...]
DOJ: Man from China Sentenced to 15 Months in Prison for Trafficking in Counterfeit Computer Chips
DOJ: Man from China Sentenced to 15 Months in Prison for Trafficking in Counterfeit Computer Chips Daofu Zhang, 40, of Shenzen, China, was sentenced to 15 months of imprisonment for conspiring to sell counterfeits of sophisticated integrated circuits to a purchaser in the United States. From the press release: According to court documents and statements made in court, … [Read more...]
ACE Transition Delayed Until January 2017
ACE Transition Delayed Until January 2017 U.S. Customs and Border Protection (CBP) advised that it is again postponing the mandatory use of the Automated Commercial Environment for: liquidation drawback reconciliation duty deferral collections statements Originally this transition had been scheduled to take place Oct. 29 but CBP says that additional time is … [Read more...]
Exporters: Who is the USPPI? It could be YOU!
Exporters: Who is the USPPI? It could be YOU! From Global Reach~ The USPPI is the person or legal entity in the United States that receives the primary benefit, monetary or otherwise, from an export transaction. The following parties can be the USPPI: U.S. seller (wholesaler or distributor) of goods for export U.S. manufacturer (if selling the goods for … [Read more...]
$9.4 Million Penalty for Violations with OFAC & BIS
$9.4 Million Penalty for Violations with OFAC & BIS With over 100 violations, Alcon Pharmaceuticals Ltd. (of Fribourg, Switzerland) and Alcon Laboratories (Dallas/Fort Worth, TX) have agreed to pay a total of $9.4 million in penalties to settle charges that it violated U.S. economic sanctions and export controls by engaging in the sale and exportation of medical end-use … [Read more...]