Shipper pay fines for U.S. export violations
The U.S. Commerce Department’s Bureau of Industry and Security has announced that a Florida shipper has agreed to pay civil penalties to settle allegations that they violated the Export Administration Regulations.
Marysol Technologies of Clearwater, Fla. will pay a $180,000 fine for allegedly exporting laser equipment to China, India, Belarus and Russia on nine occasions between December 2003 and April 2006 without the required export licenses.
| Jackson |
“Companies must be careful when self-classifying products and should consult with a BIS licensing officer who may advise that a formal commodity classification for their products or technology is warranted,” said Darryl W. Jackson, Commerce’s assistant secretary for export enforcement, in a statement.
“To avoid enforcement actions, companies should establish effective compliance programs that include such core elements as management commitment, employee training and internal controls for reporting and responding to boycott issues,” Jackson said.
