The Bureau of Industry and Security (“BIS”) recently released settlement documents under which the agency imposed a $23,000 fine on Capintec, Inc., for an unlicensed export of an EAR99 nuclear dose calibrator worth $5,120 dollars to Pakistan. The export required…
During a call today with financial journalists, the Finance Director of Standard Chartered Bank stated that he expected the bank to settle for $330 million federal charges that it violated U.S. sanctions on Iran. Although this settlement has not been…
ABOVE: Diocenyr Ribamar Barbosa-Santos Diocenyr Ribamar Barbosa-Santos, an airline mechanic, was recently charged with violating the Iran sanctions in connection with a wildly improbable deal in which the mechanic was accused of brokering seven Airbus commercial passenger jets to Iran for $136.5 million.…
Like Indiana Jones, I hate snakes, and so doing this post (and especially the picture at the right) was a bit unsettling, but the story was just too good to pass up. According to an article in today’s Wall Street…
Yesterday the Directorate of Defense Trade Controls (“DDTC”) released its proposed revisions to Category XI of the United States Munitions List (“USML”). Category XI covers military electronics. For the most part, the proposed revisions implement the laudable policy of converting…