The U.K.’s Office of Trade Sanctions Implementation officially began accepting formal whistleblower disclosures June 26, the agency said in an email to industry. The U.K. also put in place changes to "help whistleblowers qualify for protections at work when disclosing information about financial, transport, and certain trade sanctions to the relevant department," OTSI said. The agency updated its whistleblower guidance to outline how to make a report and how the government will treat reports.
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.
The Bureau of Industry and Security should consider working with companies to help them carry out extra due diligence for certain chip exports and should introduce a notification requirement for exports of advanced AI chips, researchers said in a new report last week. Those and other recommendations could help BIS better prevent illegal chip smuggling, they said.
The U.K.’s Office of Trade Sanctions Implementation will begin accepting formal whistleblower disclosures June 26, the agency announced this week. OTSI will accept reports about a person or business “you think is committing a breach of trade sanctions that are implemented and enforced by” the agency. OTSI, a new agency launched in October, oversees and enforces trade restrictions for controlled goods and services moving or being provided outside the U.K. (see 2502140007, 2410100010, 2409130015 and 2502040042).
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.
DOJ is revising its corporate enforcement policy to encourage more voluntary disclosures, including by outlining a clearer path for self-reporting companies to avoid criminal prosecutions, the agency said. It’s also adding trade and sanctions to the list of “priority areas” for its whistleblower awards program.
Jerrob Duffy, former head of DOJ's litigation unit in the criminal fraud section, has joined Hogan Lovells as a partner in the investigations, white collar and fraud practice, the firm announced. Duffy joins from Squire Patton, and his practice includes sanctions violations, Foreign Corrupt Practices Act proceedings and the False Claims Act investigations, Hogan Lovells said.
The House Select Committee on China said in a new report that the Bureau of Industry and Security should receive additional funding to improve its export control capabilities amid a growing workload.
Sens. Mike Rounds, R-S.D., and Mark Warner, D-Va., introduced a bill April 10 aimed at preventing the smuggling of U.S. artificial intelligence chips into China.
American defense firm RTX will pay close to $1 billion to resolve allegations that it tried to defraud the U.S. government and committed violations of defense export control regulations and the Foreign Corrupt Practices Act, DOJ and the SEC said Oct. 16. The company agreed to enter into two deferred prosecution agreements to settle the claims, which included Raytheon’s alleged failure to report bribes in export licensing applications and its submission of false information to the U.S. as part of multiple foreign military defense contracts.