Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Taiwan this week expanded its export controls against Russia and Belarus to cover a range of new items that may be used for Russia’s war in Ukraine, including “high-tech” military items. The island added 52 new items to the export control list, saying they are “primarily related” to “nuclear energy substances,” chemicals, machine tools and other “miscellaneous goods and materials.” The changes took effect Jan. 4.
The U.S. may consider new export controls to better prevent U.S. parts and components from being used in Iranian drones delivered to Russia, State Department spokesperson Ned Price said this week. Price's comments came the same day CNN reported that parts manufactured by more than a dozen U.S. and Western companies were found in an Iranian drone struck down in Ukraine last year.
Danfoss -- the Danish company fined more than $4.3 million last month for violating U.S. sanctions against Iran, Syria and Sudan (see 2212300030) -- stressed it didn't sell items subject to sanctions or export controls and has taken steps to improve its compliance program. In a Dec. 30 statement, it also said "no evidence was found that Danfoss willfully accepted payments for the purpose of potentially evading sanctions." The company noted that the Office of Foreign Assets Control said Danfoss "took quick action to ascertain the root causes of the conduct at issue, cooperated fully with OFAC, and also adopted new and more effective internal controls and procedures to prevent a recurrence of the apparent violations." The company added its last shipment to Iran "took place in January 2019."
Export Compliance Daily is providing readers with the top 20 stories published in 2022. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.
New Manufacturing USA Institutes can help the semiconductor industry reduce costs and accelerate innovation, particularly in emerging technology areas that could soon be subject to export controls, chip companies and industry representatives said in comments to the National Institute of Standards and Technology. They also said the Commerce Department should bar foreign entities from working with Manufacturing USA Institutes if they are subject to U.S. export restrictions or have operations in certain countries, including China.
A group of European countries not in the EU aligned with a recent EU decision to amend the list of individuals and entities subject to restrictions on Tunisia, the European Council announced. The countries of North Macedonia, Montenegro, Serbia, Albania, Ukraine, Moldova, Bosnia and Herzegovina, Georgia, Iceland, Liechtenstein and Norway aligned with the decision, ensuring that their national laws conform to the action.
The U.K.'s Office of Financial Sanctions Implementation on Dec. 28 listed one individual under its new Haiti sanctions regime, which officially came into force the same day (see 2212090011). The individual, Jimmy Cherizier, is one of Haiti's most "influential" gang leaders, OFSI said, and leads an alliance of Haitian gangs known as the "G9 Family and Allies."
The Commerce Department is adjusting its civil monetary penalties for inflation for 2023, the agency said in a notice. The change increases maximum civil monetary penalties for violations of the Export Controls Act of 2018 from $328,121 to $353,534, Commerce said. The rule is effective Jan. 15.