Category: Export Controls

Italian Company to Pay $950,000 for selling US-Origin Parts to Iran

The company agreed to pay $950,000 to settle its potential civil liability for apparent violations of the Iranian Transactions and Sanctions Regulations (ITSR)

USA: BIS fines German Aircraft Services provider, suspends export privileges for procuring parts to Iran

BIS fines German company & issues 3 years suspended export ban for Iran sanctions violations

In case you missed it, post holidays US Compliance roundup

As 2020 came to a close, our friends in the U.S. have bestowed a few compliance “holiday gifts” upon us… so just in case you missed it, here’s what has been put under our tree:

New US Export Control Restrictions for Aerospace Companies

New export control compliance requirements announced for U.S. Aerospace companies dealing with partners and customers of certain origin.