The U.S. Department of Commerce and U.S. Department of State have been continuously easing restrictions on export-controlled trade between the United States, United Kingdom and Australia to foster technological innovation...more
8/29/2024
/ Amended Rules ,
Artificial Intelligence ,
Australia ,
CFIUS ,
Comment Period ,
Cybersecurity ,
Defense Sector ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Innovative Technology ,
Interim Final Rules (IFR) ,
ITAR ,
Military Goods ,
National Security ,
Proposed Rules ,
U.S. Commerce Department ,
UK ,
US State Departments
The U.S. Department of Justice (DOJ), Department of Commerce's Bureau of Industry and Security (BIS) and Department of the Treasury's Office of Foreign Assets Control (OFAC) on July 26, 2023, issued a Tri-Seal Compliance Note...more
8/2/2023
/ Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Authority ,
Export Controls ,
Exports ,
Iran ,
Joint Policy Statements ,
Joint Statements ,
National Security ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Sanction Violations ,
Self-Reporting
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) took a number of actions under the Export Administration Regulations (EAR) on May 19, 2023. Here are some of the key U.S. export control actions...more
5/25/2023
/ Belarus ,
Belarus Sanctions ,
Bureau of Industry and Security (BIS) ,
Commerce Control List ,
Economic Sanctions ,
Export Administration Regulations (EAR) ,
Export Controls ,
FinCEN ,
Globally Harmonized System ,
Iran ,
Military End Use ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Tariffs ,
Ukraine
Update: This Holland & Knight alert has been updated on Sept. 25, 2022, with additional information. In plain English, anytime an aircraft departs the United States, this is an "export" and will fall in one of two "buckets":...more
9/27/2022
/ Aircraft ,
Aircraft Sales ,
Aviation Industry ,
Customs and Border Protection ,
Electronic Filing ,
Export Controls ,
Exports ,
Federal Aviation Administration (FAA) ,
Filing Requirements ,
Foreign Entities ,
Registration Requirement
The U.S., European Union (EU), United Kingdom (U.K.) and many other countries have imposed similar but not necessarily identical sanctions on Russia. In corporate jet transactions, the sanctions laws of several jurisdictions...more
5/10/2022
/ Aircraft ,
Beneficial Owner ,
Due Diligence ,
Economic Sanctions ,
EU ,
Export Controls ,
Federal Aviation Administration (FAA) ,
Office of Foreign Assets Control (OFAC) ,
Prohibited Transactions ,
Russia ,
SDN List ,
U.S. Commerce Department ,
UK ,
Ukraine
Please note: This Holland & Knight alert has been updated on Sept. 13, 2021, with additional information.
In plain English, anytime an aircraft departs the United States, this is an "export" and will fall in one of two...more
9/14/2021
/ Aircraft ,
Aircraft Sales ,
Aviation Industry ,
Bureau of Industry and Security (BIS) ,
Customs and Border Protection ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exporters ,
Exports ,
Federal Aviation Administration (FAA) ,
Filing Requirements ,
ITAR
There are two common types of aircraft exports: 1) permanent exports – where the aircraft is physically exported (i.e., flown) from the U.S. as part of a sale, lease or transfer of possession and control to a foreign person,...more
2/23/2021
/ Aircraft ,
Aircraft Sales ,
Aviation Industry ,
Bureau of Industry and Security (BIS) ,
Customs and Border Protection ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exporters ,
Exports ,
Filing Requirements ,
ITAR
New rules implementing export control reforms become effective October 15, 2013. The keystone of these reform efforts is to transfer jurisdiction of less sensitive military items currently controlled under the International...more
The United States continues to impose additional layers of sanctions on Iran. The rate of change and complexity of U.S. sanctions laws present challenges, particularly where these sanctions have extraterritorial effect on the...more
1/16/2013
/ Disclosure Requirements ,
Export Controls ,
Exports ,
Foreign Banks ,
Foreign Exchanges ,
IFCPA ,
Iran Sanctions ,
Iran Threat Reduction and Syria Human Rights Act ,
NDAA ,
Office of Foreign Assets Control (OFAC) ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Subsidiaries