Want to Avoid 1 BILLION dollars in civil and criminal penalties from OFAC and BIS?

You don’t want to miss Exporting 201 on May 22! Register here!

You don’t want to miss Exporting 201 on May 22! Register here!

Who is entitled to make entry of goods?
Under U.S. law, the right to make entry for goods is held only by the importer of record.
The term importer of record, provided under Section 484 of the United States Code, was amended by Public Law 97-446. Under those provisions, the importer of record is defined as […]
Whether you are a new or experienced importer or exporter, the next 2 webinars are essential!
RSVP now to join our Importing 201 and Exporting 201 webinars. And don’t forget to check out all of our upcoming webinars! […]
The Trump administration has engaged in a trade showdown with China, targeting more than $50 billion worth of products. The administration’s actions are the result of investigations under Section 301 of the Trade Act of 1974 (“Section 301”) and Section 232 of the Trade Expansion Act of 1962 (“Section 232”).
Section 301 […]
On March 19, 2018, the Office of Foreign Assets Control (OFAC) adjusted its maximum civil monetary penalties for inflation (per the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015). The rationale for this increase is to maintain and improve the effectiveness and deterrent effect of civil monetary penalties. Any increase applies to penalties assessed after the effective date regardless of whether the violation occurred prior to such date.
How much did civil monetary penalties increase? […]