On the heels of Xe Services’ (formerly Blackwater) recent $42 million fine for export violations; Barclays has also been hit with a whopping $298 million fine.
Technology Services Company Reduces Corporate Risk with Comprehensive Screening of Restricted Parties EAST RUTHERFORD, NJ, November 5, 2009 — Management Dynamics, a leading provider of Global Trade Management (GTM) solutions, today announced that Communications Test Design, Inc (CTDI), a full service global engineering, repair and logistics company, implemented its RPS On-Demand solution, an advanced risk [...]
After Iran announced intentions for new nuclear facilities, the US is seeking to expand sanctions on Iran, encouraging China and Russia to participate. The Obama administration is scrambling to assemble a package of harsher economic sanctions against Iran over its nuclear program that could include a cutoff of investments to the country’s oil-and-gas industry and [...]
As discussed recently in some of my favorite blogs, Research Institutions need export compliance too! Although most don’t realize it, universities and other institutes export things every day – and frequently these can be high-tech items containing sensitive, private data. Just like everyone else, Universities must obtain licenses and comply with trade laws. Additionally, when [...]
