With the COVID-19 pandemic, some companies will become prime targets for acquisitions, mergers and investments. Others may recognize that their survival is in being acquired or merged with existing companies, or in receiving investments to continue. Perhaps it is time to revisit what this means for companies.
Are you conducting business with the Department of Defense? If your answer is “yes,” you’ll soon need to comply with the new standards based on the Cybersecurity Maturity Model Certification (CMMC). Don't panic, there’s plenty of time to get certified, but you really need to get rolling now.
On January 29,2020, Airbus SE of the Netherlands became another cog in the wheel of export enforcement. Airbus agreed to a settlement with DDTC of $10 million covering 75 violations of the Arms Export Control Act (AECA) and Part 130 of the ITAR for the time period 2011 through 2019.
Are you the Exporter of Record for a shipment? You can be and not even know it! Keep reading to understand your roles and responsibilities.
Let’s face it: the world is rife with export “experts.” One way to handle this is to ignore the problem, and pretend that ITAR compliance doesn’t matter. If you want to take this approach, it’s certainly your choice.Another option is to ask questions that will help separate the wheat from the chaff. These 10 questions come from my personal playbook. They’ll help filter out all but the best con artists, and they’ll also identify those consultants who think they know export compliance because their former employers sent them to a seminar last year.
Earlier this month, I was reading some articles online and found the following statement about a company and its ITAR requirements (bold emphasis mine).
Very often, we talk with individuals who are focused on specific needs. They have questions like: “How do I get an ITAR license?” or “What is the ECCN for my product?” Although these questions are valid and important, sometimes companies need to take a step back and look at the bigger picture.
Many people focus on the need to obtain an ITAR license, without first considering whether or not an exemption may apply to their transaction. What is an exemption? Simply put, an exemption is a set of conditions which – if met – allow you to ship to your destination without the need to obtain an export license.
Have you ever been frustrated or stymied by those DoD Distribution Statements concerning Critical Technology, which appear to prohibit U.S. contractors from sharing the data with their partners in Canada? If so, you’re not alone!
With so much recent focus on tariffs, the passage of the United States Mexico Canada Agreement (USMCA) by the House of Representatives in late December may have gone unnoticed. The House passed the USMCA after more than a year of effort to finalize and will now move to the U.S. Senate to be ratified.