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Practice Areas

$75,000 Fine for Exports of Controlled Items to China

Thursday, June 25, 2015
Sandler, Travis & Rosenberg Trade Report

The Bureau of Industry and Security has issued an order imposing a $75,000 fine against a New York company to settle charges that the company exported oscilloscopes controlled for nuclear nonproliferation and/or antiterrorism reasons under the Export Administration Regulations to a Chinese university listed on the BIS Entity List. BIS notes that the company was aware of this listing but failed to properly screen the Entity List in connection with the two transactions at issue. BIS also alleges that the company failed to file accurate shipper’s export declarations in connection with these transactions by improperly indicating the ultimate consignee.

BIS notes that if the company fails to pay the penalty in a full and timely manner its export privileges may be suspended for one year.

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