OFAC announced a settlement with Danfoss A/S. a Danish refrigeration manufacturer, with the firm agreeing to pay $4.4 million to settle its potential civil liability for 225 apparent violations of …
The mid-level program administrator responsible for a scheme to export flight control modeling software to a Chinese government entity pleaded guilty Jan 17th. The apparent motive was greed …
An operation led by French and US authorities, strongly supported by Europol, targeted the crypto exchange platform Bitzlato. The globally operating Hong Kong-registered cryptocurrency exchange is is suspected of facilitating the laundering of large amounts of criminal proceeds and converting them into Rubles …
In an effort to encourage more voluntary self-disclosure, Justice announced revisions to the Corporate Enforcement Policy, which applies to all corporate criminal matters handled by the Criminal …
BIS export enforcement takes a two-pronged approach to enforcement and compliance. Our focus isn't just within the borders of the US, but it's also beyond our borders.
Peter Sandler, Director Enforcement, DG Trade opened the conference:One year on, the implementation of the new regulation (Regulation 2021/821) has gained new urgency from the situation in Ukraine. …
Alabama man Ray Hunt , 69, was indicted on 15 counts of conspiracy, unlawful export, smuggling and submitting false or misleading export information associated with sales of flow control items to …
The Commerce Department’s Bureau of Export Administration has suspended the export privileges of two companies and three persons for the unauthorized export to Russia of sensitive items subject …