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 U.K.'s Office of Financial Sanctions Implementation amended one entry under its Belarus sanctions regime on Dec. 19. OFSI altered the listing for Mikail Gutseriev, a Cypriot-Russian businessman, to establish that he was being sanctioned for "owning or controlling directly or indirectly" Belarussian energy companies JSC NK Neftisa and PJSC RussNeft.
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.K. amended its listing for Autel Robotics Co., Ltd., under the Russia sanctions regime on Dec. 18 to reflect a different address. The company was originally sanctioned in July for making unmanned aerial vehicle systems for the Russian military.
The Office of Foreign Assets Control this week sanctioned three people and four entities in Bosnia and Herzegovina that are part of a sanctioned financial network propping up Milorad Dodik, the designated president of the Serb Republic, which is a political division of Bosnia.
The U.S. this week announced sanctions on entities, ships and one person that are involved in the construction of Russia’s Nord Stream 2 pipeline or that are linked to the project. Each was previously sanctioned under the Protecting Europe’s Energy Security Act, but the State Department said it’s redesignating them under a 2021 Russia-related executive order.
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.
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.
The U.K. added two entities to its Russia sanctions regime on Dec. 17, the Office of Financial Sanctions Implementation announced. OFSI added United Arab Emirates-based 2Rivers DMCC and Singapore-based 2Rivers PTE LTD for their ties to the Russian energy sector.
An indictment was unsealed last week charging Russian national Alexey Komov with conspiracy and U.S. sanctions violations stemming from his aid to sanctioned Russian oligarch Konstantin Malofeyev, the U.S. Attorney's Office for the Southern District of New York announced. Komov allegedly conspired with Malofeyev to recruit an American citizen, Jack Hanick, to start and operate a television network in Russia.