Failure to comply and even conducting business with denied persons in ignorance may result in criminal or civil prosecution as well as denial of export privileges.
Examples of this are:
The USA has an active “Name and Shame” policy.
The Bureau of Industry and Security (BIS) provides an annual update of their publication “Don’t let this happen to you!”.
BIS criminal penalties can include up to 20 years of imprisonment and up to $1 million in fines per violation, or both. Administrative monetary penalties can reach up to $308,000 per violation or twice the value of the transaction, whichever is greater.
Other countries would usually only name companies and individuals in the event of a successful criminal prosecution.
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