The Export Practitioner is the only monthly magazine devoted exclusively to news and analysis of U.S. export controls and trade sanctions.

Since 1987, The Export Practitioner has provided readers with expert reports on changes to U.S. export licensing rules, enforcement policies and regulations for defense and dual-use products and technology.

May 2020

Feature

Trading Partners Target PPE Export Restrictions
A worldwide pandemic highlights the fragile nature of the global supply chain, the tenuous relationship with trading partners, and the reliability of U.S. sources.
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Focus on Enforcement

AMEX Gets OFAC Finding of Sanctions Violation
American Express (AMEX) April 30, 2020, received a Finding of Violation with no civil penalty attached from Treasury's Office of Foreign Assets...
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Former Banker Charged with FCPA Violations in Ghana
A former Goldman Sachs banker, who is currently managing director for the Tema Oil Refinery (TOR) in Ghana, was charged with violating Foreign...
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Former Siemens Exec Sentenced for Paying Bribes in Argentina
Another former Siemens executive was sentenced to time served for his role in a bribery scheme to retain a $1 billion government contract to...
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Italian Firm Settles SEC Bribery Charges… Again
Italian oil and gas company Eni S.p.A. agreed April 17, 2020, to pay $24.5 million in disgorgement and prejudgment interest to settle Securities...
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Korean Bank Settles Charges that Led to Sanctions Violations
Industrial Bank of Korea (IBK) agreed to pay a total of $86 million to Justice and the N.Y. State Department of Financial Services (DFS) to settle...
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Export Controls

BIS Expands Export Controls on China, Russia, Venezuela
Citing the often-close relationship between civilian and military end-users, the Bureau of Industry and Security (BIS) April 28, 2020, took a...
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DDTC Changes Regulations, Fees to Address Pandemic
In its continuing effort to mitigate the impact of the global pandemic on U.S. companies and supply chains, State's Directorate of Defense Trade...
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Trade Sanctions

OFAC Clarifies Humanitarian Exceptions to Sanctions
Amid criticism of maintaining restrictive sanctions during a global pandemic, Treasury's Office of Foreign Assets Control (OFAC) April 16, 2020,...
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Policy Briefs

Committee Recommends Revoking China Telecom Authorizations
A committee of several U.S. government agencies April 9, 2020, unanimously recommended that the Federal Communications Commission (FCC) revoke and...
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Industry Urges BIS to Make Huawei GL Permanent
Given a bit of extra time, industry trade groups and individual firms urged the Bureau of Industry and Security (BIS) to extend the narrow and...
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N.J. Medical Firm Settles Privacy Shield Violations
Ortho-Clinical Diagnostics, Inc., a N.J.-based provider of medical diagnostic devices and services, settled Federal Trade Commission (FTC) charges...
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End Notes

END NOTES
MUSICAL CHAIRS : President May 4, 2020, nominated former Treasury official Marshall Billingslea to be under secretary of State for arms control...
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