Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
Indium Corp., which the Bureau of Industry and Security earlier this week penalized for violating export controls against Russia (see 2412230052), has since “enhanced” its internal compliance program and improved its compliance training for employees, CEO Ross Berntson said in an emailed statement. Berntson also noted that Indium voluntarily disclosed the issue to BIS and “fully cooperated with the resulting investigation.”
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
U.S. quantum technology companies and industry groups urged the Bureau of Industry and Security to maintain the set of deemed export control exclusions outlined in its September rule on certain advanced technologies (see 2409050028), saying that without them the American quantum industry could lose top talent and cede technological leadership to other countries.
The Bureau of Industry and Security fined a U.S.-based electronics manufacturer and supplier for the semiconductor industry $180,000 after it admitted to exporting 11 shipments to Russia without a license. BIS said the company, Indium Corporation of America, which has factories in Asia and Europe, failed to resolve multiple red flags involving shipments of solder wires, solder ribbon and solder preforms to a Russian defense contractor.
The Bureau of Industry and Security should increase its enforcement of semiconductor export controls to prevent American-made computing chips from ending up in Russian weapons and Chinese artificial intelligence systems, the Democratic majority staff of the Senate Permanent Subcommittee on Investigations said in a new report released this week.
California-based electronics parts manufacturer and supplier Integra Technologies agreed to pay the Bureau of Industry and Security $3.3 million after admitting to violating U.S. export controls on Russia, telling BIS that it didn’t realize the transistors it was shipping needed an export license.
The U.S. government needs a better framework to allow various agencies to coordinate on economic security measures, such as export controls and investment restrictions, Commerce Deputy Secretary Don Graves said.
The Bureau of Industry and Security is working on a set of FAQs for its recently released China-related semiconductor export control rules (see 2412020016), which should clear up confusion about when certain new foreign direct product rule restrictions take effect and how they apply, a BIS official said this week.
Companies should expect the U.S. government to continue to prioritize enforcement of export controls in the coming months, including by issuing new penalties for export violations, said Matthew Axelrod, the Bureau of Industry and Security’s top export enforcement official. He also revealed that BIS is using a new tool to better screen foreign parties listed on license applications, and he said a recent shift in how the agency uses metrics has allowed it to devote more attention to cases involving the most sensitive technology.