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.

January 2021

Feature

BIS Adds Semiconductor, Drone Firms to Entity List
The Bureau of Industry and Security (BIS) added Chinese firm Semiconductor Manufacturing International Corporation (SMIC) to its Entity List, citing "evidence of activities between SMIC and entities of concern in the Chinese military industrial complex."
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Focus on Enforcement

Digital Currency Firm Settles OFAC Sanctions Charges
In a case that highlights the risks of processing international digital currency transactions, a California technology company agreed Dec. 30,...
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N.J. Man Pleads Guilty to Foreign Bribery
Deck Won Kang of Englewood Cliffs, N.J., pleaded guilty Dec. 17, 2020, in Newark U.S. District Court to violating the Foreign Corrupt Practices Act...
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Oil Company Pays $135 Million to Settle FCPA Charges
Vitol Inc., the U.S. affiliate of the Vitol group of companies, agreed Dec. 3, 2020, to pay $135 million to settle Justice charges of violating the...
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Russian, Bulgarians Indicted on Circuit Export Charges
An indictment against a Russian national and two Bulgarian citizens was unsealed Dec. 18, 2020, in Austin, Texas, U.S. District Court on export and...
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Saudi Bank Settles Sudan, Syria Sanctions Charges
A Saudi bank agreed Dec. 28, 2020, to pay Treasury's Office of Foreign Assets Control (OFAC) a $653,347 civil penalty to settle charges of...
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UK Citizen Sent to Prison for Turbine Engine Exports
A United Kingdom (UK) citizen was sentenced Dec. 17, 2020, in Pensacola, Fla., U.S. District Court to 30 months in prison and a $5,000 fine for...
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Venezuelan Treasurer, Spouse Indicted in Bribery Scheme
Former Venezuelan National Treasurer Claudia Patricia Diaz Guillen and her spouse, Adrian Jose Velasquez Figueroa, Venezuelan citizens who reside...
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Export Controls

Administration Blocks Some Turkish Export Licenses
In response to Turkey's acquisition of a S-400 long-range surface-to-air missile system from Rosoboronexport, Russia's main arms export entity, the...
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BIS Loosens Export Controls on Ukraine, Mexico, Cyprus
Citing membership in multilateral control regimes and international cooperation, the Bureau of Industry and Security (BIS) Dec. 28, 2020, revised...
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BIS Publishes List of Chinese, Russian Military End-Users
Eight months after a rule tightening export controls on Military End-Users (MEUs) in China, Russia and Venezuela, the Bureau of Industry and...
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Hong Kong's Special Status Shows Regulatory Divide
Political marriages are hard to disentangle. In the Federal Register Dec. 23, 2020, the Bureau of Industry and Security (BIS) formally removed...
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Trade Sanctions

Agencies Restrict Cuban Military Financial Firms
Treasury's Office of Foreign Assets Control (OFAC) Dec. 21, 2020, designated three Cuban entities -- Cuban financial company Financiera Cimex S.A....
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OFAC Clarifies Guidance on Iran Financial Sanctions
Treasury's Office of Foreign Assets Control (OFAC) Dec. 7, 2020, revised guidance on sanctions against the Iranian financial sector, posting two...
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Policy Briefs

Ex-Im Board Approves New Targeted Content Policy
Continuing the administration's focus on China and emerging technologies, the Export-Import Bank (Ex-Im) board Dec. 17, 2020, approved a targeted...
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End Notes

END NOTES
WASSENAAR : Bureau of Industry and Security (BIS) Dec. 4, 2020, published corrections to September rule implementing changes made at Wassenaar...
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