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The Directorate of Defense Trade Controls announced on July 29, 2020 changes to the measures announced on April 23, 2020 to lessen the burden that the COVID-19 pandemic is having on U.S. companies and the overseas supply chains. These changes were based on recommendations from industry and DDTC review of the public comments.

Companies of all sizes need to stay on the up and up when it comes to trade compliance. If you step out of line, your company could receive harsh penalties for OFAC sanction violations. Learn how Amazon recently came under pressure for OFAC violations and what your company can learn from their mistakes.

Many of us are just trying to keep our head above water with the changing compliance scene. Such is the case with the recent announcement from the Department of Commerce stating that they are issuing an interim final rule allowing persons to share certain U.S. technology with Huawei.