Back in 2009, this blog reported on the arrest of Chi Tong Kuok, a PRC citizen, during a layover in Atlanta while he was traveling to Panama to meet with undercover agents who believed he was involved in various illegal…
The Office of Foreign Assets Control (“OFAC”) today applied sanctions under the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 against the Bank of Kunlun in China and the Elaf Islamic Bank in Iraq. Under these sanctions, U.S. financial…
Kesco Shipping Corporation and Multi-Link Container Line, a freight forwarder and a shipping line respectively, have agreed to pay $28,000 to the Bureau of Industry and Security (“BIS”) to settle charges that they aided an unlicensed export of scrap steel,…
ABOVE: Zachary Sanders A long time ago in a galaxy far, far away, a young American teaching English in Mexico decided to take a trip to Cuba. Today, after fourteen years of legal maneuvering with the Department of Treasury’s Office…
A colleague brought back an interesting tidbit from the BIS Update Conference last week relating to one of the unresolved conundrums of the current export reform efforts. Under the currently proposed reforms, certain items on the United States Munitions List…