Export Compliance Daily is providing readers with the top stories for April 19-23 in case you missed them. You can find any article by searching on the title or by clicking on the hyperlinked reference number.
U.S. universities are opposing the Senate’s Strategic Competition Act of 2021 over a provision that would expand foreign investment screening to include foreign gifts over $1 million given to U.S. universities. In a letter to the Senate Foreign Relations Committee this month, four academic groups said the expanded jurisdiction awarded to the Committee on Foreign Investment in the U.S. would subject “many gifts” received by colleges to a CFIUS review and would make it “harder” for colleges to conduct research.
The U.S. government seized an oil tanker for delivering petroleum products to North Korea in violation of U.S. sanctions and charged a Singaporean national with conspiracy to evade sanctions, the U.S. Attorney's Office for the Southern District of New York said in an April 23 news release. Kwek Kee Seng of Singapore and the ship, the M/T Courageous, allegedly brought oil to North Korea via ship-to-ship transfers with North Korean ships and direct shipments to the North Korean port of Nampo. The transfers allegedly took place August-December 2019 when the ship stopped transmitting its location. DOJ said satellite imagery revealed the Courageous engaging in the ship-to-ship transfers of more than $1.5 million worth of oil to an OFAC-designated North Korean ship.
The United Kingdom's Office of Financial Sanctions Implementation published guidance to individuals, entities and nongovernmental organizations on the recently passed anti-corruption sanctions, the agency said in an April 26 news release. The sanctions, which came into force April 26, cover individuals guilty of “serious corruption,” which includes bribery or misappropriation of property.
The Court of Appeals for the Ninth Circuit removed a preliminary injunction against the State Department in an April 27 decision, allowing the agency move 3D-printed weapons off the U.S. Munitions List and onto the Commerce Control List. A State rule issued in 2020 would have made that change, but it was partly blocked as part a lawsuit filed by 20 states.
President Joe Biden’s executive order authorizing new Russian sanctions represents a significant expansion of U.S. sanctions authority and paves the way for more trade restrictions in the coming months, law firms said. The measures will cause some companies to rethink their trade ties to Russia, the firms said, especially as tensions between the two countries continues to rise.
The State Department’s Directorate of Defense Trade Controls on April 23 released its notifications to Congress of recently proposed export licenses. The 29 notifications, from October through December, feature arms sales to numerous countries including the United Kingdom, Israel, Australia, Saudi Arabia, Canada, Iraq, France and Italy.
The Bureau of Industry and Security extended its comment period for an information collection related to a request for appointment of a technical advisory committee, it said in a notice released April 23. The collection describes the functions and responsibilities of the Commerce Department TACs, which help advise the government on proposed revisions to export controls, licensing procedures and more. The comments, originally due March 15 (see 2101130013), are now due 30 days after the notice is posted on the Office of Information and Regulatory Affairs website.
The United Kingdom’s Office of Financial Sanctions Implementation last week published a blog post on its licensing process. The post provides guidance on best practices when submitting a license, which licenses OSFI prioritizes, how the agency’s procedures and licenses have changed under the U.K.’s newly implemented sanctions regimes, and several “top tips” for license applicants.
The Office of Foreign Assets Control on April 23 removed more than 40 entries from its Specially Designated Nationals List. The entries all had Mexican addresses and were sanctioned under the Foreign Narcotics Kingpin Designation Act. Treasury didn’t immediately provide more information on the delistings.