The Commerce Department’s Census Bureau and Bureau of Industry and Security believe an upcoming proposed rulemaking may resolve the regulatory confusion for required export data.
With smartphones and other mobile devices vital to how companies conduct business, corporate compliance officers strive to prevent unlawful exports of controlled data.
U.S. Justice Department announced the arrest of Harvard University’s chemistry department chair on charges of lying about financial and research connections to the Chinese government.
Five Pakistani men are charged with duping 29 U.S. companies into illicitly exporting equipment and components to the blacklisted Pakistan Atomic Energy Commission and Advanced Engineering Research Organization.
Experts say reversal of penalty related to U.S. Treasury Department’s Office of Foreign Assets Control won’t hinder its broader enforcement activities.
U.S. enforcement agencies are turning up the heat on Chinese nationals who illicitly obtain and attempt to smuggle American-made technologies back to China.
Dow Jones Risk & Compliance has 24/7 monitoring and dedicated researchers to track and build detailed profiles of individuals and entities that are subject to economic sanctions.
U.S. export compliance advisers recommend exporters be realistic in their expectations with regard to the department’s license approval process for the blacklisted Chinese telecom.
Canadian national Alexis Vlachos, who was sentenced to prison last September, will not be able to export or receive anything from the U.S. for the next seven years, the U.S. Bureau of Industry and Security said.
The Office of Foreign Assets Control policy, which focuses on financial ownership of sanctioned individuals or entities, bedevils U.S. companies with sophisticated compliance programs.
