The Export Practitioner is the only monthly magazine devoted exclusively to news and analysis of U.S. export controls and trade sanctions.

Since 1987, The Export Practitioner has provided readers with expert reports on changes to U.S. export licensing rules, enforcement policies and regulations for defense and dual-use products and technology.

February 2017

Features

Export Controls Not on Administration's Radar
As was true during the presidential campaign, export controls seem to be the last thing on anyone's mind in the new Trump administration. In contrast, sanctions policy especially toward Russia is front and center for members of the Cabinet, and the senators that are confirming them.
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Focus on Enforcement

Another Medical Device Company Settles FCPA Charges
Texas-based medical device company Orthofix International agreed Jan. 18, 2017, to pay $6 million in disgorgement and penalties to settle...
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Biomet Settles Charges of Repeat FCPA Violations
Indiana medical device manufacturer Biomet Jan. 12, 2017, agreed to pay over $30 million to settle parallel charges of Securities and Exchange...
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Casino Firm Pays Another $7 Million to Settle FCPA Charges
Sheldon Adelson's casino chain Las Vegas Sands Corp. (LVSC) agreed Jan. 19, 2017, to pay Justice a $7 million criminal penalty under a...
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Chilean Mining Firm Pays to Settle FCPA Charges
A Chilean chemical and mining company agreed to to pay more than $30 million to the Securities and Exchange Commission (SEC) and Justice to resolve...
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Father, Son Indicted for Violating FCPA
A federal indictment was unsealed Jan. 10, 2017, in Manhattan U.S. District Court against father-son defendants for violating the Foreign Corrupt...
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Former Hedge Fund Execs Face SEC Bribery Charges
Two former executives at Och-Ziff Capital Management Group were charged Jan. 26 with violating Foreign Corrupt Practices Act (FCPA) for their roles...
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Former Sales Manager Agrees to BIS Denial Order
Former Agilent sales manager Berty Tyloo of Switzerland agreed Jan. 10, 2017, to a three-year Bureau of Industry and Security (BIS) export denial...
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Indian Drilling Firm Settles Iran Sanctions Violation
Aban Offshore Limited, an offshore drilling services provider in Chennai, India, agreed Jan. 12, 2017, to pay Treasury's Office of Foreign Assets...
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Kansas Man Sent to Prison for Exporting Firearms
A Kansas man was sentenced to 52 months in prison for using Black Market Reloaded, a hidden internet marketplace, to export and attempt to export...
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Nonprofit Settles OFAC Cuba Charges
A Florida nonprofit involved in opening relations with Cuba agreed Jan. 12, 2017, to pay Treasury's Office of Foreign Assets Control (OFAC) $10,000...
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Rolls-Royce Pays $170 Million to Settle FCPA Charges
Rolls-Royce plc, the United Kingdom (UK)-based engine manufacturer, agreed to pay Justice nearly $170 million to settle charges the company and a...
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TD Bank Pays to Settle OFAC Sanctions Charges
Canadian financial institution Toronto-Dominion Bank (TD Bank), Jan. 13, 2017, agreed to pay Treasury's Office of Foreign Assets Control (OFAC)...
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Two More Plead Guilty to Bribing Venezuelan Officials
Two more businessmen pleaded guilty to conspiracy to violate the Foreign Corrupt Practices Act (FCPA) for their roles in a scheme to bribe...
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Wisconsin Firm Settles BIS Export Charges
A Wisconsin firm agreed to pay the Bureau of Industry and Security (BIS) $301,000 to settle charges of exporting thermal imaging cameras to...
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Export Controls

Agencies Try to See Bright Line in Night Vision
As promised, Bureau of Industry and Security (BIS) and State's Directorate of Defense Trade Controls (DDTC) published parallel notices of inquiry...
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Export Control Agencies Launch Final Satellite Rules
As predicted, export agencies published one more set of final rules before the end of the Obama administration. Bureau of Industry and Security...
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Trade Sanctions

Agencies Should Monitor Impact of Cuba Policy Shifts
While new U.S. regulations have begun to foster some travel and commerce with Cuba, those agencies involved in Cuba policy, including State,...
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OFAC, BIS Update Sudan Sanctions Rules
The past and present administrations' views on Sudan will come into conflict regarding sanctions on that country. Sudan is included in the nations...
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Senators Introduce Bipartisan Russia Sanctions Bill
In a not-so- subtle hint to the incoming administration, a bipartisan group of senators Jan. 10, 2017, introduced the Countering Russian...
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Exporting from Europe

Imminent Change in UK Financial Sanctions Enforcement
By David Hayes * If you prosecute a CEO or other senior executive and send him or her to jail for committing a crime, the deterrent effect in my...
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Policy Briefs

EU Officials Face Concern over Privacy Shield
European Union (EU) officials are trying to assuage the concerns of tech industry groups and members of EU parliament that the U.S.-EU Privacy...
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Without Chairman, Outlook Grim for Ex-Im Bank
There's no sugar-coating it: The Export-Import Bank (Ex-Im) had one of its worst years ever in 2016. According to the bank's 2016 annual report...
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End Notes

END NOTES
CUBA : OFAC Jan. 6, 2017, removed 28 entities from Specially Designated Nationals (SDN) list related to Cuba, including companies and individuals...
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