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Trade Matters - Lowenstein Sandler's Global Trade & Policy Newsletter - June 2021 | Lowenstein Sandler LLP

1. Recent Enforcement: Even Companies That Invest in Compliance Pay Penalties Since our April enforcement roundup, the Office of Foreign Assets Control (OFAC) and the Bureau of Industry and Security (BIS) in the Department of Commerce have issued several important penalty announcements. These enforcement actions demonstrate that even multinational companies that invest in compliance can run into problems without a continued commitment to monitoring and updating their programs. Global software c...
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US agency fails to protect national security: report

US agency fails to protect national security: report CHINESE MILITARY DEALS: The commerce department did not define US technologies to be subjected to export controls, as required by a law from 2018, the report said Reuters The US Department of Commerce is failing to do its part to protect US national security and keep sensitive technology out of the hands of the Chinese military, a US congressional advisory report seen by Reuters said. The US-China E...
United States South Korea South Korean Eric Hirschhorn Gina Raimondo Muslim Uighurs

US agency not doing its job to halt tech to China's military: Congressional report

US agency not doing its job to halt tech to Chinas military: Congressional report Toggle share menu Advertisement US agency not doing its job to halt tech to Chinas military: Congressional report Chinese and US flags flutter outside the building of an American company in Beijing, China, on Jan 21, 2021. (Photo: REUTERS/Tingshu Wang) 02 Jun 2021 03:06AM Share this content Bookmark LONDON: The US Commerce Department is failing to do its part to protect national ...
City Of United Kingdom Muslim Uyghurs Carolyn Bartholomew Nancy Pelosi Security Review Commission

EXCLUSIVE U.S. agency not doing its job to halt tech to China's military -congressional report

The U.S. Commerce Department is failing to do its part to protect national security and keep sensitive technology out of the hands of China's military, according to a U.S. congressional advisory report seen by Reuters.
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Exclusive-U.S. agency not doing its job to halt tech to China's military -congressional report

By Karen Freifeld (Reuters) - The U.S. Commerce Department is failing to do its part to protect national security and keep sensitive technology out of the hands of Chinas military, according to a U.S. congressional advisory report seen by Reuters. The U.S.-China Economic and Security Review Commission report, due to be published on Tuesday, said the Commerce Department had been slow to create a list of sensitive technology that should be scrutinized before export to China. The lag in developing ...
Muslim Uyghurs Carolyn Bartholomew Karen Freifeld Nancy Pelosi Howard Goller Security Review Commission

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