Tucked away in the penalty notices released by OFAC last week was this typically terse and unhelpful entry: IXTLAN Corporation and Four Individuals Settle Cuban Embargo Allegations: IXTLAN Corporation, Santa Monica, California (“IXTLANâ€), and four individuals have agreed to a…
I was going to title this post “Exporter Temporarily Loses Export Privileges for Having Copy of the EAR in Its Offices.” However, after the uproar that a similar title (“BIS Fines Exporter for Filing Voluntary Disclosure“) created at BIS, I…
You may not have heard of the SEC’s relatively new Office of Global Security Risk. But Ford Motor has heard of the OGSR. And I suspect export professionals will hear more of this SEC office in the future. The OGSR…
A headline to an article in today’s Washington Post breathlessly announced: “U.S. Bans Sale of iPods to North Korea.” The copy editor at the WaPo, however, jumped the gun since the ban is not yet in place. The article was…
Last Friday, BIS released a final rule implementing certain understandings of the annual plenary of the Australia Group in June. The new rules apply controls to pipes, vessels, valves and related equipment made of niobium or niobium alloys. It also…