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.
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.
Earlier this month, the Bureau of Industry and Security (BIS) denied export privileges for two individuals and three companies, related to illegal exports of hardware and software to Syria.
Looking for someone to conduct a gap analysis of your trade compliance activities? Here's a list of nine "must-have" components that every good assessment should address.
Recently, a South Carolina company, STREIT USA, was fined $3.5 million to settle charges related to the sale of U.S.-origin vehicles to end-users located in multiple countries.
The New York branch office of the National Bank of Pakistan (NBP) has agreed to pay $28,800 to settled alleged violations of the Office of Foreign Assets Control (OFAC) Global Terrorism Sanctions Regulations. This stems from a series of funds transfers processed by the bank to an entity on OFAC’s Specially Designated Nationals (SDN) List.
Stop me if you’ve heard this one. Your Business Development Manager (we’ll call him “Bob”) is at a military trade show somewhere in the Middle East. A guy from that region exchanges business cards with Bob, chats for a few minutes, then splits.
You may find your customers asking if your products qualify for NAFTA or if you can provide a NAFTA certificate. In this blog, we’ll provide a basic overview of NAFTA in order to help with your understanding of this topic.