Two weeks ago, we reported on a $14,613.24 fine imposed by the Bureau of Industry and Security (“BIS”) on Thermon Manufacturing after Thermon voluntarily disclosed to the agency that it had shipped heat-tracing equipment to Sudan in violation of the…
An excellent article that appeared today on the Bloomberg website indicates that Malaysia may be nudging the U.A.E. out of the position as top transhipment destination for items headed from the U.S. to Iran. According to that article, increasing crackdowns…
In an ambitious display of extraterritorial overreach, the Bureau of Industry and Security (“BIS”) last week amended the Export Administration Regulations (“EAR”) to expand the scope of the regulations to cover in-country transfers to companies and individuals on the agency’s…
In my last post on the new Cuba regulations, I hadn’t yet seen the regulations published by the Bureau of Industry and Security (“BIS”) in the Federal Register on September 8 but had only seen press reports about their supposed…
An article published Wednesday in the Miami Herald breathlessly announced that the reporter had been told that the new OFAC and BIS rules implementing the changes to the Cuba embargo announced by the administration in April would appear in Thursday’s…