According to an article (subscription required) in today’s Inside U.S. Trade, an official of the Bureau of Industry and Security (“BIS”) told an agency advisory committee that the significant increases in penalties enacted by Congress in 2006 for export violations…
ABOVE: Rep. Ellen O. Tauscher In connection with the Senate confirmation hearing for Ellen Tauscher on Tuesday morning, Senator Lugar, the Chairman of the Foreign Relations Committee, released a pre-hearing questionnaire completed by the proposed nominee. Representative Tauscher has been…
ABOVE: Google Street View ofProtesters at Sudanese Embassy The Department of Treasury’s Office of Foreign Assets Control (“OFAC”) published today in the Federal Register a Final Rule amending the Sudanese Sanctions Regulations. The amendment permits U.S. persons to provide services…
ABOVE: Hamid BorhaniChairmain, Bank Saderat Back in March, I reported that Ali Divandari, Chairman of Iran’s Bank Mellat, suggested that the privatization of that bank might lead to the end of U.S. sanctions against it. Now Divandari’s colleague, Hamid Borhani,…
An alert reader from the U.K. pointed this out: BERR (“Department for Business, Enterprise & Regulatory Reform”) which houses the United Kingdom’s Export Control Office has changed its name to BIS (“Department for Business Innovations and Skills”). I can’t imagine…