News

Microsoft settles apparent Russian violations

The US Department of Commerce’s Bureau of Industry and Security (“BIS”) and Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), as part of a “coordinated enforcement effort”, have imposed a combined $3.3 million in civil penalties against Microsoft Corporation for apparent violations of US export controls and sanctions. (BIS’s administrative penalty was $624,013 while OFAC’s fine was set at $2.9 million.)

According to BIS, between December 2016 and December 2017, employee...

Continue reading

SUBSCRIBED FEATURES

  • Export Compliance Manager Tackles the issues and challenges that keep trade compliance professionals awake at night... with insight and with solutions.
  • Export Compliance Manager Shares the know-how of experienced professionals, keeping its readers on top of developing best practice in trade compliance AND helping to deliver real commercial advantage.
  • Export Compliance Manager Celebrates the valuable contribution of trade compliance professionals to their companies, communities and to international security.

SUBSCRIBELOGIN

Jonny Test