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$8 Million Penalty for Weak ITAR Compliance: How the Price of Maintenance Beats the Cost of Repair

On April, 30, 2013, Raytheon Company, a major military electronics and weapons manufacturer, agreed with the U.S. Department of State to pay $8 million in civil penalties and remedial expenditures to settle alleged violations...more

5/8/2013 - Compliance DTCC ITAR Maintenance Penalties Repairs

Gentlemen, Start Your Engines: The Race for Riches in U.S.–EU Trade Begins with a Mandate from the European Commission

Agreements to free up the flow of trade between countries or regions are aimed to increase economic activity and wealth on both sides. The EU and United States, however, already make up 40% of global economic output and the...more

4/3/2013 - EU European Commission Exports Imports Tariffs

Streamlining the System: More Baby Steps Toward Reducing Export Compliance Burdens

Since 2011, President Barack Obama’s administration has actively pursued export control reform designed to reduce the regulatory burdens on U.S. companies and enhance U.S. national security (as reported here). On March 7,...more

4/3/2013 - Barack Obama Commerce Control List Compliance Executive Orders Export Administration Regulations Exports ITAR US Munitions List

Is China Getting Serious or Redirecting Responsibility? New guidance on Chinese Anti-Bribery Enforcement

For years, a significant number of Foreign Corrupt Practices Act (FCPA) enforcement actions have focused on or involved the People’s Republic of China (PRC), Chinese subsidiaries, or Chinese officials. It is hard to avoid...more

2/21/2013 - Anti-Bribery China Corruption Perceptions Index Enforcement FCPA

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