The Federal Maritime Commission is seeking public comments on information collections related to marine terminal operator schedules, service contracts, non-vessel-operating common carrier service arrangements and negotiated rate agreements. Comments are due Jan. 21,
President-elect Donald Trump will nominate billionaire businessman Howard Lutnick to be Commerce Department secretary, Trump announced Nov. 19. "He will lead our tariff and trade agenda, with additional direct responsibility for the Office of the United States Trade Representative," Trump said in a statement.
The former CEO of 500.com, which now operates as crypto mining company BIT Mining Ltd., was charged with violating the Foreign Corrupt Practices Act by paying bribes to Japanese government officials, DOJ announced. In addition, BIT Mining agreed to settle DOJ and SEC investigations into its FCPA violations, entering into a three-year deferred prosecution agreement with DOJ.
Chinese lidar company Hesai Technology filed an amended complaint in its suit against its designation as a Chinese military company after the Pentagon relisted the company (see 2410230018), arguing that the decision is "just as unsubstantiated and weak as the original one that they recently refused to defend" (Hesai Technology Co. v. Department of Defense, D.D.C. # 24-01381).
A mostly Republican group of 44 House members urged the Treasury Department this month to push back implementation of the Financial Crimes Enforcement Network’s new beneficial ownership information (BOI) reporting rule.
U.S. and U.K. officials over the past year continued to build on a partnership between their two leading sanctions agencies, including by sharing information about national security threats and ways the agencies can modernize their approaches to licensing and enforcement, they said in a joint statement released Nov. 19.
The U.S. this week sanctioned six people connected to the terror group Hamas, including by helping it smuggle weapons into Gaza or for coordinating with Russia.
The Office of Foreign Assets Control sanctioned nine people in Mexico involved in drug trafficking and money laundering, including with major drug trafficking group Cartel Jalisco Nueva Generacion. OFAC said some of them played a “prominent role in the early stages” of the U.S. opioid crisis by smuggling drugs into America.
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The Office of Foreign Assets Control fined a U.S. citizen more than $1 million for evading U.S. sanctions against Iran by using foreign money services businesses to buy an Iranian hotel.