All BIS articles

  • SAP

    SAP to pay over $8M for admitted Iran sanctions violations


    German software company SAP SE agreed to pay more than $8 million in combined penalties issued by three U.S. agencies after admitting to committing numerous violations of sanctions against Iran.

  • Bitcointrap

    Banks, central banks warned of crypto-currency risks and pitfalls


    Despite failures, plummeting prices, and a plethora of risks, financial institutions and central banks are cautiously looking at ways to use virtual currencies. International regulators are warning them that doing so haphazardly could be disastrous.

  • Article

    “Chancer” chauffeurs and liquidators: the Retail Acquisitions story


    Retail Acquisitions’ purchase of troubled retailer BHS for £1 (U.S.$1.3) has since been complicated by a £6M (U.S.$7.8M) loan coming due and some extremely unstable governance issues.

  • Blog post

    BHS: asset strippers, chancers, and governance failures


    Parliament released a scathing report on the sale and management of retail chain BHS in late July. The report, says Paul Hodgson, led to calls for someone to be stripped of his knighthood—a first in Parliament history.

  • Article

    Mitigating export control violations


    Image: The U.S. Department of Commerce Bureau of Industry and Security is considering proposed rules that, on the one hand, would significantly raise the stakes for companies that run afoul of export control regulations but, on the other hand, bring greater transparency to the enforcement process. “The guidelines generally provide ...