The latest monthly release of civil penalty information by the Office of Foreign Assets Control (“OFAC”) describes a penalty “settlement’ with the United Nations Federal Credit Union, which agreed to pay $500,000 to settle charges that the UNFCU “dealt in…
ABOVE: Nigel Howard Malpass This blog reported back in June on the shenanigans of Nigel Howard Malpass, who assisted the Islamic Republic of Iran Shipping Lines (“IRISL”) in evading U.S. sanctions on IRISL vessels by re-naming, re-registering and re-flagging those…
It has begun. A press release from the U.S. Council For International Business (“USCIB”), the U.S. “arm” of the International Chamber of Commerce (“ICC”), announced today day-long seminars, to be held everywhere from Pittsburgh to Omaha, on the “much anticipated”…
The website for the Directorate of Defense Trade Controls (“DDTC”) recently posted the reports of three Working Groups for the Defense Trade Advisory Group (“DTAG”). DTAG is an industry-advisory group set up by DDTC to consult with the agency on…
On June 30, the Travel Restriction Reform and Export Enhancement Act was voted out of the House Agriculture Committee by a vote of 25 to 20. The Bill would completely lift the longstanding ban on travel by most Americans to…