Export Compliance Daily
WEB4 days ago · Oct. 23–24. ACSS 6th Annual International Conference on Global Sanctions and Export Controls (here) Export Compliance Daily serves the daily information needs of customs brokers, attorneys, export managers, compliance officers, logistics professionals, shippers and executives at every stage of the export process.
Export Compliance Daily
WEBAug 26, 2024 · Start your 30-day trial today. Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations. Start my free trial Login to my account.
Tariffs on Chinese EVs Can Still Be Avoided, Former and Current EU ...
WEB15 hours ago · 4 Oct 2024 by Ian Cohen. As EU member states prepare to vote this week on new tariffs for Chinese electric vehicles, a German trade official and auto industry representative said they believe the EU and China can still reach a “political” agreement to work through their issues and avoid the punitive duties, which they say would harm EU ...
UK Bank Fined $40M for Multiple Sanctions Compliance Failures
WEB1 day ago · UK Bank Fined $40M for Multiple Sanctions Compliance Failures. 3 Oct 2024 by Ian Cohen. The U.K.’s financial oversight agency fined Starling Bank nearly 28 million pounds, or almost $40 million, for a “shockingly lax” set of screening controls that led it to onboard thousands of “high-risk” customers with possible ties to sanctions.
BIS Issues New Rule to Remove Export Control Barriers for …
WEB18 Jul 2024 by Ian Cohen. The Bureau of Industry and Security is revising its regulations so that export controls don’t “impede or jeopardize” U.S. participation in international standards-setting bodies and other standards-related activities (see 2406180014), the agency said in an interim final rule released June 17. TO READ THE FULL STORY.
Industry Officials Hoping for Improvements to AUKUS Exemption, …
WEB2 days ago · LONDON -- Officials at a defense industry conference last week were complimentary of defense export control reforms recently announced by the U.S., Australia and the U.K., but they also said the three governments can do more to incentivize companies to make use of the reforms. Both the State and Commerce departments released rules this year ...
G7 Nations Call on Traders to Boost Export, Sanctions Due Diligence
WEBSep 26, 2024 · The document gives industry “the information necessary to identify and respond to Russia’s changing evasion tactics,” said Matthew Axelrod, assistant secretary for export enforcement. The guidance, issued after a Sept. 24 meeting of the G7 sub-working group on export control enforcement in Brussels, was endorsed by the U.S. along with Canada, France, Germany, Italy, Japan, the U.K. and ...
Rising Export Compliance Risk 'Demands' More C-Suite Attention, …
WEBJan 31, 2024 · Matthew Axelrod, the BIS assistant secretary for export enforcement, said that because export compliance is a “fairly technical regulatory area,” some C-suite officials believe they don’t need to know much about it. But Axelrod, speaking during a Baker McKenzie-hosted Jan. 30, said it may no longer be acceptable for large companies with ...
New Senate Bill Aims to Boost Export Control Enforcement
WEBApr 10, 2024 · Sens. Maggie Hassan, D-N.H., and Mitt Romney, R-Utah, on April 9 introduced a bill that would increase resources for detecting, investigating and preventing violations of U.S. export controls. The proposed Export Controls Enforcement Improvement Act would codify and promote consistent staffing levels …
US Focus on Export Enforcement 'Here to Stay,' Intelligence Firm …
WEBJan 22, 2024 · Sayari pointed to the February launch of the joint Commerce Department-DOJ Disruptive Technology Strike Force (see 2302160019); the first-ever tri-seal compliance note issued by Commerce, DOJ and the Treasury Department in March (see 2303020054); and the joint alerts recently issued by Commerce and Treasury that outlined red flags for Russian sanctions and export control evasion (see 2311060055).