Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
U.S. quantum technology companies and industry groups urged the Bureau of Industry and Security to maintain the set of deemed export control exclusions outlined in its September rule on certain advanced technologies (see 2409050028), saying that without them the American quantum industry could lose top talent and cede technological leadership to other countries.
Although Congress last week shelved a compromise to restrict outbound investment in China, two key lawmakers said they believe the legislation or something similar could become law next year.
The Bureau of Industry and Security fined a U.S.-based electronics manufacturer and supplier for the semiconductor industry $180,000 after it admitted to exporting 11 shipments to Russia without a license. BIS said the company, Indium Corporation of America, which has factories in Asia and Europe, failed to resolve multiple red flags involving shipments of solder wires, solder ribbon and solder preforms to a Russian defense contractor.
The Bureau of Industry and Security is placing new export controls on certain toxins, chemicals and other items that can be used to make bioweapons as part of a final rule to align its restrictions with allies'.
The Bureau of Industry and Security should increase its enforcement of semiconductor export controls to prevent American-made computing chips from ending up in Russian weapons and Chinese artificial intelligence systems, the Democratic majority staff of the Senate Permanent Subcommittee on Investigations said in a new report released this week.
The U.S. probably won't immediately lift a broad range of Russia sanctions when Donald Trump enters the White House next month, the former director of the Office of Foreign Assets Control said this week, despite the president-elect’s campaign promises to end the war between Russia and Ukraine during his first day.
A California musical instrument manufacturer will pay $41,591 to settle allegations that it violated U.S. sanctions against Iran, including by shipping instruments and accessories that it knew were destined for the country, the Office of Foreign Assets Control said.
The Office of Foreign Assets Control fined an unnamed U.S. person $45,179 after OFAC said they violated the agency’s Global Magnitsky Sanctions Regulations.
California-based electronics parts manufacturer and supplier Integra Technologies agreed to pay the Bureau of Industry and Security $3.3 million after admitting to violating U.S. export controls on Russia, telling BIS that it didn’t realize the transistors it was shipping needed an export license.