Coping With The New Export Control Paradigm

Law360, New York (September 10, 2009, 11:48 AM EDT) -- Although the United States has long maintained controls on the export of goods, services and technology, these controls have become a special focus in the post-9/11 world.

The number of enforcement actions is steadily increasing and potential fines have gone up sharply, including through a 2007 increase by the International Emergency Economic Powers Enhancement Act (which applies to dual-use export and sanctions regulations) of the maximum civil penalty from $50,000 per violation to the greater of $250,000 or twice the amount of the violation.

With criminal...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.