The Department of Justice’s (DOJ) recent announcement that it would decline to prosecute a self-reported criminal export control violation demonstrates the continuing importance of prompt, voluntary ...
The Department of Justice (DOJ) and the Department of Commerce recently announced a $140 million resolution of criminal and civil charges against Cadence Design Systems (Cadence) for admitted export ...
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 ...
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 ...
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 ...
Raytheon will pay a $200 million fine for the unauthorized export of defense technology to China, Russia, Iran, and elsewhere, the State Department announced today. The settlement will cover 750 ...
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 ...
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 ...
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 ...
The Chinese government is reportedly reviewing Meta Platforms Inc.‘s (NASDAQ: META) recent acquisition of AI firm Manus for potential violations of technology export controls. The Chinese Ministry of ...
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