Office of Foreign Assets Control published an interim final rule changing recordkeeping requirements for certain transactions from 5 to 10 years. That’s consistent with the OFAC statute of limitations. This will be in effect March 12, 2025. Comments can be…

Virginia couple allegedly conspired to provide services to and receive money from a sanctioned Russian broadcaster (Channel One Russia), and then launder the funds. Both members of the couple are charged with one count of violating the IEEPA, one count…

Bureau of Industry and Security published an interim final rule implementing controls on critical and emerging technologies, things like quantum computing, advanced semiconductor manufacturing equipment, gate all-around field-effect transistor tech, and additive manufacturing. Read More

Customs and Border Protection posted some reminders to drawback filers on how to stay in compliance with drawback claims, and reminded filers that noncompliant claims won’t get drawback, and the claimant can be subject to penalties. Read More

Bureau of Industry and Security announced a civil penalty against Streamlight (manufacturer or portable lighting products) to resolve violations of antiboycott provisions. Streamlight filed a VSD, cooperated, and implemented remedial measures. In 2019, they participated in a Bahrain trade show.…

The US is resolving a civil suit by settling with Alexis LLC, a womenswear company, for underpaying customs duties on imported apparel. This is not an admission of liability by Alexis. It resolves claims that they violated the False Claims…

Precision Cable Assemblies, Global Engineered Products, and their principals paid >$10 million to resolve a whistleblower suit under the False Claims Act. This is due to failure to pay duties on goods imported from China. These companies are Wisconsin corps…

U.S. Justice Department unsealed an indictment charging a US-Iranian national with crimes related to illicit export of US aircraft components, including components for military aircraft, to Iran. The man was arrested on Tuesday. Read More

A US Army enlisted intelligence analyst pleaded guilty to all charges for conspiracy to obtain and disclose national defense info, exporting technical data on defense articles without a license, conspiracy to export defense articles without a license, and bribery of…

BIS settled with TE Connectivity (both the Pennsylvania and the Hong Kong branches) for $5.8 million in civil penalty assessment. This was to resolved alleged violations of US export controls; specifically, shipments of low-level items to parties connected to Chinese…