BIS recently announced a consent agreement with Aramex Emirates under which Aramex agreed to cough up $125,000 in connection with its export of network equipment from the U.A.E. to Syria. Of course, for the few of us remaining that do…
ABOVE: Sergei Magnitsky Today the Office of Foreign Assets Control (“OFAC”) announced more Russia designations, this time under the Magnitsky sanctions. The Sergei Magnitsky Rule of Law Accountability Act of 2012 (H.R. 4405) authorizes sanctions on those individuals responsible for…
Last week a federal grand jury in Illinois indicted Bilal Ahmed on charges that he attempted to export a FLIR HRC-U thermal imaging camera, classified as ECCN 6A003.b.4.b, to Pakistan without the required license from the Bureau of Industry and…
Yesterday the Office of Foreign Assets Control (“OFAC”) announced that it had imposed a $2,809,800 fine on Argentina-based Decolar.com, Inc. Decolar is an online travel agency and attracted the ire of OFAC for booking trips by non-U.S. persons to Cuba,…
The Bureau of Industry and Security (“BIS”) yesterday added thirteen companies to the Entity List as part of new sanctions against Russia. Many of these companies are connected to Gennady Timchenko who was added to the SDN List in the…