Eighteen years before he wrote Jurassic Park, the novelist Michael Crichton penned a different story titled The Terminal Man. It’s about a computer scientist who undergoes surgery to cure his seizures – having 40 different electrodes embedded in the amygdala part of his brain and connected to a small computer in his shoulder. Spoiler alert! …
A few weeks ago, the U.S. Department of Justice (DOJ) issued a stark warning to companies and individuals worldwide. Export and sanctions enforcement efforts are on the rise. Especially for anyone who engages with China, Russia, North Korea or Iran. During a keynote address on October 5 in New York, associate deputy attorney general John…
James Bond makes it look so easy. Zooming around in sports cars with an array of techno-gadgets at his fingertips, he outwits his adversaries and saves the world. He does all of this while wearing tailor-made suits and sipping martinis. After defeating every foe, he jets off to a villa in the French Riviera, where…
We all remember the cute nursery rhyme “Peter Piper.” (Try reciting it five times fast!) But in today’s world of ransomware attacks, many U.S. companies are caught in a troublesome “pickle” trying to figure out what to do. Here’s the scenario. Over a weekend (particularly holiday weekends), your company may find itself hit by a…
Fans of the movie “Office Space” are familiar with the dreaded TPS Report. Recently, the U.S. Bureau of Industry and Security (BIS) finalized its plans to reduce reporting requirements for certain encryption items. This change was made “in order to reduce exporters’ regulatory burdens.” By way of background, BIS is responsible for oversight and enforcement…
Unlicensed Exports Apply To All Foreign National Students It’s been several years since the imprisonment of John Reece Roth, a former University of Tennessee electrical engineering professor who was convicted of conspiracy, wire fraud and fifteen (15) violations of exporting ITAR controlled defense articles. Professor Roth was involved in a U.S. Air Force contract for…
We have been asked quite a bit recently as to the latest controls, restrictions and activities specific to exporting to China. Where to begin? There have been many changes over the last few months. The below are short summaries of the major areas of new export controls concerning exports to China. Restrictions Involving Publicly Traded…
In a press release earlier this month, the Bureau of Industry and Security (BIS) announced a tightening of controls against Chinese tech firm Huawei Technologies. BIS also added an additional 38 Huawei affiliates to the Entity List – an action that will impose a license requirement for all items subject to the Export Administration Regulations (EAR)…
Why Export Compliance Matters U.S.businesses that sell goods and services in a global market are required to comply with export control regulations that are published by several U.S. departments including the Department of Commerce, the Department of Treasury, and the Department of State. Export compliance does not only apply to big companies. Any U.S. business…
Does My Business Need Help With Global Compliance? When it comes to international business, every move you make counts. Exporters often need assistance at various stages of the exporting process- from building a complete program to getting products out the door. Deciding where to begin and who to contact can be difficult, and not least…