Beginning Thursday, November 26, 2015 (Thanksgiving Day), DTrade users must use new versions of all license application forms, as well as the DS-2032 registration form. These forms are to comply with an updated version of DTrade.
One of the lesser-understood rules in the Export Administration Regulations (EAR), is the de minimis rule, which determines whether foreign-made products that incorporate U.S.-controlled content are subject to the EAR.
Earlier this month, the Bureau of Industry and Security (BIS) denied export privileges for two individuals and three companies, related to illegal exports of hardware and software to Syria.
Looking for someone to conduct a gap analysis of your trade compliance activities? Here's a list of nine "must-have" components that every good assessment should address.
Recently, a South Carolina company, STREIT USA, was fined $3.5 million to settle charges related to the sale of U.S.-origin vehicles to end-users located in multiple countries.
The New York branch office of the National Bank of Pakistan (NBP) has agreed to pay $28,800 to settled 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.
You may find your customers asking if your products qualify for NAFTA or if you can provide a NAFTA certificate. In this blog, we’ll provide a basic overview of NAFTA in order to help with your understanding of this topic.
Last week, oil and gas giant Schlumberger plead guilty to facilitating trade with Iran and Sudan, in violation of U.S. sanctions. This represents the largest criminal fine in connection with an IEEPA prosecution in history.
Check out this blog post for some helpful tips to remember as you conduct restricted parties screens for your transactions.