Category: Denied Parties Lists

If you’ve spent any time in trade compliance, you’ve probably come across the term “reasonable care.”  But what, exactly, does that mean?  The ambiguous nature of this phrase has caused many different interpretations over the years.  Let’s review some practical ways to apply this principle to your global trade compliance program. The idea of “reasonable...

One of the controls the U.S. government places on export activity is the Denied Parties Lists (also sometimes referred to as Restricted Parties Lists or RPL). These lists consist of both foreign and U.S. parties that are prohibited by varying degrees from engaging with U.S. businesses. Anyone questioning the importance of a denied parties screening...

Earlier this month, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) denied export privileges for two individuals and three companies. The actions center around a conspiracy to illegally export web-monitoring and controlling equipment and software to Syria. In particular, this conspiracy involved the Syrian Telecommunications Establishment (STE). “The settlement announced today results...

On July 14, the P5 +1 countries (United States, United Kingdom, China, Russia, France and Germany) and Iran agreed on a Joint Comprehensive Plan of Action (JCPOA) to ensure that Iran’s nuclear program would be peaceful. As part of the agreement, the parties have agreed to sanctions relief which will come in phases and be...

The New York branch office of the National Bank of Pakistan (NBP) has agreed to pay $28,800 to settle alleged violations of the Office of Foreign Assets Control (OFAC) Global Terrorism Sanctions Regulations. This stems from a series of funds transfers processed by the bank to an entity on OFAC’s Specially Designated Nationals (SDN) List....

Stop me if you’ve heard this one. Your Business Development Manager (we’ll call him “Bob”) is at a military trade show somewhere in the Middle East. A guy from that region exchanges business cards with Bob, chats for a few minutes, then splits. A few weeks later, Bob receives an email from the gentleman, asking...

The Greek philosopher Heraclitus once famously said: “The only thing that is constant is change.” In the world of trade compliance, country sanctions and restricted parties lists are no exception to this rule. Time and time again, I see people with printed lists of countries posted near their computers, to remind them of where they...

Due to the recent Ukraine and Russian conflict, the U.S. government has added additional sanctions on Russia. One of these involves the creation of a new list of individuals and companies restricted from receiving U.S. goods. The Department of the Treasury, Office of Foreign Assets Control (OFAC) has created the Sectoral Sanctions Identifications (SSI) List....

For all of you diligently screening your transactions against the many restricted parties lists published by the U.S. government, you are most likely aware that some items can actually be sent to some entities on the lists. The Unverified List, published by the Department of Commerce, Bureau of Industry and Security (BIS), was previously a...

The U.S. Bureau of Industry and Security (BIS) has added thirty-six new persons to the Entity List, as well as made other changes and removals. It’s important to be aware of these changes as you screen transactions and conduct international business. The Entity List is one of the various denied parties lists for import/export compliance....