Organisation: Bureau of Industry and Security (USA)

BIS memo “shifts equation” for companies considering voluntary disclosure of illegal exports, lawyers say

The memo stresses that the US Department of Commerce considers failure to disclose a significant violation of export controls an aggravating factor in the context of a corporate resolution.

31 May 2023

Motor manufacturer to pay $283,000 for violating antiboycott regulation

The settlement is the first major action reached under the Bureau of Industry and Security’s new policy bolstering antiboycott enforcement.

19 May 2023

US and UK sanctions collaboration hits new heights – from export controls to Christmas parties

GIR Insight is launching a new Sanctions Roundtable on 25 April. It provides a six-month touchpoint for the most recent developments since the launch of the Guide to Sanctions and sees panellists discuss how some of the biggest authorities are working together more closely than ever.

21 April 2023

Seagate to pay $300 million for Huawei export violations

BIS imposed its largest-ever standalone penalty against Seagate after the company admitted to exporting hard drives to Huawei without the necessary licences.

19 April 2023

Microsoft to pay $3 million for sanctions, export controls violations

The technology company self-disclosed sales of its products to sanctioned entities in Cuba, Iran, Syria, Russia and Ukraine.

06 April 2023

US urges allies to ramp up enforcement of export controls amid Russia-Ukraine war

The call for stricter export controls enforcement follows reports that Russia is attacking Ukrainian civilians with drones built with parts manufactured by US companies.

01 February 2023

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