All Bureau of Industry and Security articles – Page 2

  • ZTE
    Article

    BIS charges Chinese cable giant with export control violations

    2022-08-10T14:50:00Z

    The Commerce Department’s Bureau of Industry and Security charged China’s largest cable and wire manufacturer Far East Cable with export control violations related to its alleged dealings with telecommunications company ZTE to circumvent U.S. restrictions against Iran.

  • Russia sanctions
    Article

    FinCEN/BIS alert flags Russia export control evasion indicators

    2022-06-29T18:11:00Z

    The Financial Crimes Enforcement Network and Bureau of Industry and Security warned financial institutions to be on the lookout for new and novel ways individuals and entities in Russia and Belarus are attempting to evade export controls.

  • Russia sanctions
    Article

    Advice for navigating ‘fast and furious’ Russian sanctions landscape

    2022-03-18T17:04:00Z

    To help sort through the gray area of evolving sanctions and export control restrictions against Russia, chief compliance officers should consider a handful of key best practices.

  • SAP
    Article

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

    2021-04-30T18:09:00Z

    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.

  • Blog

    U.S. judge extends term of ZTE monitor: Here’s why

    2018-10-05T13:00:00Z

    A U.S. district court judge has extended for two more years the term of ZTE’s court-appointed compliance monitor after the telecommunications company violated a condition of its probation resulting from U.S. sanctions violations.

  • Article

    New Commerce Department rule harmonizes export controls regime

    2016-07-12T13:45:00Z

    Export controls can be tricky business, especially regarding the transmission of technical data over the cloud—something becoming ever-more common in modern business, yet currently constrained by tough export controls. New rules from the Commerce Department could change all of that. Jaclyn Jaeger reports.

  • Blog

    Treasury and Commerce Further Amend Cuba Sanctions Regulations

    2016-01-27T11:45:00Z

    The Department of the Treasury’s Office of Foreign Assets Control and the Department of Commerce’s Bureau of Industry and Security recently published amendments to the Cuban Assets Control Regulations to further implement policy change amendments to the Cuban Assets Control Regulations laid out by the president in December 2014. These ...