A Virginia-based freight consolidation and forwarding business and two of its executives were charged with conspiracy to violate the Export Control Reform Act after they allegedly exported goods and technology to Russia by transshipping them through Turkey, Finland and Kazakhstan, DOJ announced Nov. 4.
House Foreign Affairs Committee Chairman Michael McCaul, R-Texas, urged the Commerce Department Nov. 5 to investigate whether China’s Semiconductor Manufacturing International Corporation (SMIC) violated U.S. export controls.
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Members of the multilateral Missile Technology Control Regime need to do more to account for rising innovation and commercialization in the global space technology industry, which may be making export control enforcement more challenging and increasing the risk of missile proliferation, researchers said in a recent report.
Maros Sefcovic of Slovakia, the EU’s candidate for trade and economic security commissioner, said this week he would “double down” on defending European industry against “increasingly widespread” unfair practices.
Haleigh Morgus, a former senior sanctions policy adviser with the Treasury Department, is joining the Financial Crimes Enforcement Network as a senior international policy adviser, she announced on LinkedIn. Morgus had worked on sanctions issues at Treasury since 2018.
The U.K. recently fined four exporters more than $2 million combined for breaching the country’s export controls, including one for violating trade restrictions against Russia, the country announced Nov. 4.
The EU will maintain sanctions on 15 individuals and four entities under the North Korea sanctions regime, the European Council announced on Oct. 31. The entities are Pan Systems Pyongyang, Korea Paekho Trading Corp., Yongbyon Nuclear Scientific Research Centre and Korean People's Army.
South Korea sanctioned 11 people and four entities in response to North Korea's Oct. 31 launch of a long-range ballistic missile, Korea's foreign ministry announced on Nov. 1, according to an unofficial translation. The sanctioned parties are involved in missile development and earning foreign currency for North Korean workers operating abroad. The restrictions will take effect Nov. 6.
A Texas-headquartered offshore drilling company is filing a voluntary disclosure with the Office of Foreign Assets Control after its former Russian subsidiary may have breached U.S. sanctions, according to corporate filings.