In early October, the BIS announced two rules imposing significant export controls on semiconductor chip transactions for supercomputer end uses. This week’s show discusses recent developments in export controls and sanctions. Alexander Cotoia, Regulatory Compliance Manager at the Volkov Law Group, joins Michael Volkov to explore the BIS’ ramping up of export control enforcement, including the new restrictions on China and Russia.

Some ideas you’ll hear them explore See more +

In early October, the BIS announced two rules imposing significant export controls on semiconductor chip transactions for supercomputer end uses. This week’s show discusses recent developments in export controls and sanctions. Alexander Cotoia, Regulatory Compliance Manager at the Volkov Law Group, joins Michael Volkov to explore the BIS’ ramping up of export control enforcement, including the new restrictions on China and Russia.

Some ideas you’ll hear them explore are:

1. The SQE route for experienced legal professionals aims to democratize the legal profession to include underrepresented minorities and other people who might not have access to the typical training contract required for being a solicitor.

2. In early October, the BIS announced two rules imposing significant export controls on semiconductor chip transactions for supercomputer end uses. They aim to obstruct China’s ability to use these supercomputers to upgrade their military capabilities and the propagation of WMDs. Within these new rules, controls on the export of semiconductor manufacturing technology in certain transactions for integrated circuitry were also imposed.

3. Much of the dissent from professionals over these new restrictions stems from a fundamental disagreement in terms of policy rather than implementation, Alexander shares. Many professionals have become accustomed to the free-trade arrangement with China to export sophisticated technologies for integration end uses and fear that the more stringent controls will compromise that arrangement.

4. The aftermath of Russia’s invasion of Ukraine saw coordinated efforts at the highest levels of the US government designed to prevent Russia from acquiring assets and commodities that could be used for military purposes.

5. Alexander believes Matt Axelrod’s guidance about changing how some administrative violations of EAR99 will be viewed was very instructive. One of the premises underlying that change was using non-monetary resolutions for less serious violations and imposing more stringent financial penalties on those who engage in culpable acts.

6. If you have government contracts or are in the telecommunications industry, you’re not allowed to have Huawei products on your premises.

Tune in to the Corruption, Crime, & Compliance podcast to learn more about the Update on Export Controls and Sanctions: Interview with Alex Cotoia. See less -