RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement. The aerospace and defense company reached a settlement agreement with the U.S. State Department ...
US and Taiwanese authorities are investigating alleged export-control and chip-smuggling violations tied to Super Micro ...
Importers and exporters take note—costs associated with violating certain trade compliance rules levied by the U.S. Department of Commerce are set to increase Jan. 15. Among civil penalties set to be ...
As the interplay between export controls, trade sanctions, and anticorruption enforcement continues to intensify, multinational companies must remain vigilant in ensuring that their compliance ...
The Department of Commerce’s Bureau of Industry and Security (BIS) has a strategic role in U.S. national security, foreign policy, and economic interest. With a change in administration in 2025, BIS’s ...
Big changes are afoot at the U.S. Department of Commerce Bureau of Industry and Security that, on the one hand, would significantly raise the stakes for companies that run afoul of export control ...
The U.S. State Department says Raytheon will pay $4 million in civil penalties and another $4 million to make remedial self-improvements to resolve “hundreds” of civil violations of the Arms Export ...
Key components produced by a leading Taiwanese chipmaker were found in a powerful AI chip from a Chinese company, according to an initial report from a semiconductor research firm, which experts say ...
WASHINGTON – New Jersey Rep. Tom Kean, Jr., R-7th, along with Rep. Julie Johnson (D-TX) have introduced bi-partisan legislation designed to prevent the smuggling of American-made artificial ...
Two-and-a-half years ago, agencies from across the Justice, Commerce, Treasury, and Defense Departments partnered to form the Disruptive Technology Strike Force, with the stated mission “to fiercely ...
Sept 2 (Reuters) - South Africa's Barloworld (BAWJ.J), opens new tab said on Tuesday its investigation into U.S. export control regulations found "apparent violations" by the company, which it is ...
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