Category: OFAC

Earlier this month, the U.S. Department of Energy (DoE) published a proposed new rule that would make formal its expectations for contractors to comply with export control laws and regulations. The new rule also establishes some mandatory export control requirements for DoE contractors (explained below). In my mind, this proposed rule is a signal of…

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.” In simple terms, that means the tool will screen for other possibilities that are not a true, 100% match….

On October 9, the president signed an executive order designed to tighten existing sanctions against Iran. This order, which implements portions of the Iran Threat Reduction and Syria Human Rights Act of 2012 (ITRSHRA), imposes additional restrictions against non-U.S. entities which are owned or controlled by U.S. entities. In essence, this order makes it illegal…

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! Nearly everything is export controlled. The few exceptions are publicly available data and technology. This means that, unless you’re dealing with publicly available information that your company would give…

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 Australia, for transshipment to Iran, in violation of numerous export control regulations. According to the Department…

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. Yesterday, for example, the BIS issued a Temporary Denial Order (TDO) against Delfin Group…