A company’s Russia-bound shipment gets stopped by customs authorities in the UK, which claim the products are prohibited for export to Russia. After confirming that the products are indeed restricted, the company initiates an internal investigation to get to the root cause of the problem and remediate. A whistleblower uses its employer’s compliance hotline to report concerns about possible US, EU, and UK sanctions or export controls violations. The company initiates an internal investigation to…
On 9 March, US Customs and Border Protection (CBP) issued guidance to implement Part A of the Office of Foreign Assets Control (OFAC) General License No. 16, Authorizing Transactions Related to Certain Imports Prohibited by Executive Order of 8 March 2022 Prohibiting Certain Imports and New Investments With Respect to Continued Russian Federation Efforts to Undermine the Sovereignty and Territorial Integrity of Ukraine (“GL16”). GL16 expires at 12:01 am Eastern daylight time on 22 April…