Elizabeth Rosenberg, the assistant Treasury secretary for terrorist financing and financial crimes, added to the drumbeat of criticism of sanction dodging regimes, telling a meeting of Women in International Trade that the UAE was a “country of focus” for the US.
Swedish Telecoms giant and serial FCPA violator LM Ericsson signed a new deal with the Justice Department acknowleging further breaches of the deferred prosecution agreement it entered into for corruption in Djibouti, China, Vietnam, Indonesia and Kuwait.
Justice announced the arrest of the principals of a Kansas avionics distributor for the export of aviation technology from the United States to Russia and Russian end users.
The Bureau of Industry and Security added 37 entities under 38 entries to the Entity List March 2nd, including 28 Chinese firms.
Reuters news service reported that the United States is sounding out close allies about the possibility of imposing new sanctions on China if Beijing provides military support to Russia for its war in Ukraine, according to four U.S. officials and other sources.
Ilya Balakaev, 47, of Moscow, was charged In the Eastern District of New York with various offenses related to a years-long scheme to illegally smuggle sensitive devices used in counterintelligence operations from the United States to Russia for the benefit of the Federal Security Service of the Russian Federation (FSB), the principal intelligence and security agency of the Russian government.
Signaling a redoubled focus on countries providing conduits to evade western sanctions, Commerce’s Bureau of Industry and Security, the Department of Justice and Treasury’s Office of Foreign Assets Control, issued a Tri-Seal Compliance Note to …
Marking the kickoff of a campaign to build support for the extension of Section 702 of the Foreign Intelligence Surveillance Act (FISA), Assistant Attorney General Matthew Olsen defended the measure in a speech at the Brookings Institution February 28th.
With annual turnover of nearly $100 billion, the vacation timeshare business has drawn its share of rogue operators. This week Treasury's Office of Foreign Assets Control (OFAC) announced initiatives to police the industry.
The U.S.-China Commission released a new staff research report on China's International Commercial Court (CICC). The report explores the “one-stop shop” dispute resolution center for Belt and Road Initiative (BRI)-related commercial disputes.
Additive manufacturer 3D Systems agreed to pay $12,777,750, engage a consultant and complete compliance audits to settle allegations of violations of Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR) by exporting controlled aerospace technology and metal alloy powder to China without the required license, ...
In a joint statement G7 leaders announced theor intention to create a formal enforcement mechanism, and vowed to take further measures, though in a nod to Antwerp, they only promised to “work collectively on further measures on Russian diamonds, including rough and polished ones, working closely to engage key partners.
The December 2021 Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies (WA) Plenary meeting made certain decisions affecting the WA control lists, which BIS is now implementing via amendments to the Commerce Control List.
The White House marked the anniversary of Russia’s invasion of Ukraine with a raft of spending, tariffs, sanctions and export controls aimed at Russia and her enablers.
China will accelerate the establishment of a modernized export control system, featuring improvements in laws and regulations, government officials said on Thursday at a forum on export control compliance, the China Daily newspaper reported
The House Foreign Affairs Committee plans to hold a hearing next week to “identify gaps” in US policy on countering China, including export controls.
Countries and firms who wish to trade with the US and EU will have to comply with sanctions regimes, including expanded dual-use restrictions on Russia, according to Deputy Treasury Secretary Wally Adeyemo.
The National Security Division of Justice and the Commerce’s Bureau of Industry and Security (BIS) are joining with the FBI, Homeland Security Investigations (HSI) and 14 U.S. Attorneys’ …
China touted its own sanctions blacklist, placing Lockheed Martin and Raytheon Missiles & Defence to China’s “Unreliable Entity List” over their participation in arms sales to …
A Connecticut man and a foreign national have been charged with conspiracy, multiple counts of violating the Foreign Corrupt Practices Act (FCPA), and money laundering in connection with an alleged …