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Alabama Company Fined for Antiboycott Violations

Wednesday, October 08, 2014
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has announced that an Alabama company will pay a civil penalty of $7,000 to settle charges that it committed five violations of the antiboycott provisions of the Export Administration Regulations. In connection with transactions involving the sale and/or transfer of goods or services to the United Arab Emirates and Qatar, BIS charged the company with (a) one count of furnishing information concerning another person’s business relationships with other persons known or believed to be restricted from having any business relationship with or in a boycotting country, and (b) four counts of failing to report its receipt of requests to take action that would have the effect of furthering or supporting a restrictive trade practice or unsanctioned foreign boycott. If the company fails to pay the civil penalty in a timely manner its export privileges may be suspended for one year.

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