September 2014

Features

Putin Seeks Castro's Advice on U.S. Sanctions, Maybe
White House releases transcript of an intercepted telephone call purportedly between Vladimir Putin and Fidel Castro, although many believe it may be some CIA funny business, Frank Schuchat reports.
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Focus on Enforcement

BB&T Bank Pays Fine for Transferring Funds in Violation of Sudan Sanctions
A financial services company agreed to pay a fine to settle one charge of violating U.S. sanctions by processing a funds transfer for merchandise...
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Former Army Officer Pleads Guilty to Illegal Exports, Taking Classified Documents
A Former Army captain previously deployed in Iraq pleaded guilty Aug. 28, 2014, in D.C. U.S. District Court to exporting defense articles without a...
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Judge Gives Justice More Time to Get Facts Straight to Justify Fokker Settlement
After a federal judge questioned Justice's settlement with Fokker Services on charges of violating U.S. sanctions, the department is hustling to...
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Los Alamos Contractor Sent to Prison for Giving Nuclear Data to Venezuelan Official
A former contractor at Los Alamos National Laboratory (LANL) was sentenced to prison for giving classified nuclear weapons data to a person she...
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Md. Man Convicted of Exporting Industrial Products, Services to Iran
A federal jury Aug. 11, 2014, after a two-week trial, convicted Ali Saboonchi, a U.S. citizen in Parkville, Md., of conspiracy and seven counts of...
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N.Y. Freight Forwarder, Owner Sentenced to Probation for False Export Documents
A N.Y. freight forwarding company and its owner were sentenced to probation for falsifying Shipper's Export Declarations (SEDs) in connection with...
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New York Regulators Hit Standard Chartered Bank Again with More Fines
The importance of complying with the requirements of a consent agreement was underscored by a new $300 million fine that New York State bank...
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PriceWaterhouse Settles Charges It Altered Bank of Tokyo Report on Money-Laundering, Sanctions
In another example of how New York is following its own path in the enforcement of money-laundering and trade sanctions, the state's Department of...
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UAE Freight Forwarder Settles Charge of Violating Export Denial Order
A freight forwarder in Dubai, United Arab Emirates (UAE) that claims to be the sole booking agent in the UAE for Mahan Airways, a blocked entity in...
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Inside BIS

BIS Tells CCATS Seekers to Answer Questions on Specially Designed Rules
Firms asking the Bureau of Industry and Security (BIS) for commodity classification decisions through the agency's Commodity Classification...
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One Wassenaar Member Blocking New Proposal on Machine Tool Metric
One member of the Wassenaar Arrangement on multilateral export controls, which may be Russia, is reportedly blocking the regime's adoption of a...
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Policy Briefs

Briefs in Pulungan Case Debate Interpretation of "Willfulness" Standard
The case of Doli Syarief Pulungan, the Indonesian man whose conviction for exporting riflescopes to Indonesia was overturned and is now seeking to...
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Ex-Im Needs to Monitor Dual-Use Export Financing Better, GAO Report Says
The Export-Import Bank (Ex-Im) needs to strengthen the monitoring of its financing for dual-use exports, especially when borrowers do not submit...
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Federal Judge: ITAR Workers Not Eligible for Trade Adjustment Assistance
Workers who lost jobs involving items subject to the International Traffic in Arms Regulations (ITAR) are not eligible for Trade Adjustment...
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Interagency Dispute Delays New Wassenaar Rules on Cybersecurity Products
Differences between State and Commerce over export licensing policies for cybersecurity products caused the Bureau of Industry and Security (BIS)...
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OFAC Urges Caution in Applying 50 Percent "Controlled By" Rule
As the Obama administration continues to expand sanctions against Russian and other entities, Treasury's Office of Foreign Assets Control (OFAC)...
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Treasury Clarifies Policies on Restrictions Applied to Russian 90-Day Debt Instruments
Treasury's Office of Foreign Assets Control (OFAC) published new Frequently Asked Questions (FAQ) Aug. 27, 2014, to clarify restrictions the U.S....
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Zimbabwe Sanctions Discourage Legitimate Investment, Obama Told
It was all Kumbaya and promises of aid at the U.S.-Africa Business Forum Aug. 5, 2014, until a young entrepreneur from Zimbabwe told President...
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Exporting from Europe

Roots and Realities of EU's Russian Sanctions
By David Hayes* "The most puzzling development in politics during the last decade is the apparent determination of Western European leaders to...
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Regulatory Briefs

BIS Updates Regs with NSG Country Changes, Additional Controls
In the Federal Register Aug. 7, 2014, Bureau of Industry and Security (BIS) implemented changes agreed to at several previous plenary and...
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OFAC Expands General License for Academic Exchanges with Sudan
Treasury's Office of Foreign Assets Control (OFAC) Aug. 11, 2014, expanded the scope of the general license (GL 1A) authorizing certain academic...
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OFAC Issues More Iran Sanctions, Targeting Fronts, Aliases and Banks
As the U.S. continues its slight easing of sanctions on Iran as part of the Joint Plan of Action (JPOA) that came out of the P5+1 negotiations to...
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End Notes

END NOTES
SEARCH OVERLOAD : OFAC posted technical notice on website Aug. 25, 2014, for users of its SDN lists for customer screening. "In order to ensure...
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