Posts in OFAC
March 14, 2013
The Department of Treasury, Office of Foreign Assets Control (OFAC) has released a new Specially Designated Nationals screening tool for the public to use. One of the improvements is that this new tool employs “fuzzy logic.”
March 20, 2012
One of the big questions in the international business world is: “Are my products and/or data controlled by export compliance regulations?” The answer is ... YES! Most people are shocked to learn that nearly everything is export controlled.
March 12, 2012
An Australian man and his company have been charged with several counts of violating the EAR and ITAR (as well as OFAC trade embargoes). The charges point to an alleged scheme to export restricted items from the U.S. to Iran.
February 28, 2012
The U.S. Government continues to enforce a variety of export compliance laws in an effort to thwart the movement of goods and services to Iran. This has resulted in substantial penalties for individuals and companies who attempt to circumvent these regulations.
January 5, 2011
We answer dozens of questions about U.S. export regulations every week. One time, a man asked me if he needed a license to export chicken feet to China! Of course, I told him to check USML Categories VI, XII and XIV and report back to me later. (This was a real question!)