A Singapore man, Lim Yong Nam (aka Steven Lim) was extradited to the U.S. from Indonesia to face charges stemming from his alleged role in a conspiracy to illegally export radio frequency modules to Iran.
Earlier this month, Erdal Kuyumcu, the CEO of Global Metallurgy, LLC, was arrested for allegedly exporting a cobalt-nickel metallic powder from the United States to Iran.
Buried in the depths of the Federal Register notices published by DDTC, BIS and OFAC is an often-overlooked section that contains some very interesting predictions.
The revision of USML Category XII was first published as a proposed rule on May 5, 2015, for public comment. The number of public comments received caused the Department of State to reevaluate the original proposed rule change and to draft a new proposed rule change (published February 19, 2016).
DDTC recently published proposed amendments to USML Categories VIII and XIX. These amendments follow a period of public comment that began last year.
Let’s assume that you’re traveling internationally with your ITAR-controlled product and you have a valid DSP-73 license in place. Rather than shipping the item to your destination, it makes more sense for you to hand-carry it with you.
Anyone questioning the importance of a denied parties screening process need look no further than a recent story by WorldECR (Issue 45, November 2015). This story reports how three non-U.S. banks were fined more than $1 billion due to U.S. sanctions violations.
The 2016 editions of the Harmonized Tariff Schedule (HTS) and the Schedule B have now been issued and the Automated Export System (AES) has been updated with the new codes. While the changes are relatively few, some exporters and importers may find that their classifications are now invalid.
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.