JD Supra

Cadence Case Signals DOJ and BIS Priorities in Export Control Compliance

Cadence Design Systems Inc. (Cadence) simultaneously resolved criminal charges brought by the Department of Justice’s (DOJ) National Security Division (NSD) and the United States Attorney for the ...
JD Supra

BIS Update Wrap: Lutnick Signals Dramatic Increase in Export Enforcement

After three days of informational sessions on multiple regulatory and compliance topics, the Bureau of Industry and Security (“BIS”) wrapped up its annual update conference this week in Washington D.C ...
Opinion
Export Compliance DailyOpinion

Former Official: BIS Should Match Increasingly Aggressive Enforcement With More Outreach

Companies should expect the Bureau of Industry and Security to lean even more aggressively into enforcement over the next year, said a former senior BIS official, who also warned that the agency’s ...
Export Compliance Daily

BIS Official Asks Congress for 'Dramatically Higher’ Max Export Penalties

Although Peters didn’t explicitly say what the new BIS max penalty amount should be, he noted that the State Department can impose fines of up to $1.2 million for a violation of the International ...
Reuters

Sanctions and Export Controls: Compliance Roadmap

A failure to comply with applicable economic and trade sanctions and export controls can have significant legal, financial, and practical consequences for a company, including potential civil or ...