The Bureau of Industry and Security (BIS) has sent a charging letter to Far East Cable Co. Ltd.
- August 17, 2022
- Posted by: Mark Stevens
- Category: Export Administration Regulations
The Bureau of Industry and Security (BIS) has sent a charging letter to Far East Cable Co. Ltd. The letter outlines eighteen (18) export violations for transactions ranging from 2014 through 2016.
Excerpt from the letter…
“The Bureau of Industry and Security, U.S. Department of Commerce (“BIS”), has reason to believe that Far East Cable Co. Ltd., of Yixing, China (“Far East Cable”), has violated the ExportAdministrationRegulations(the”Regulations”).
Specifically, BIS charges the following violations of the Regulations:
Charges 1 -18 15 C.F.R. § 764.2(b)-Causing, Aiding, and/or Abetting Violations of the Regulations”
The letter further outlines that the transactions involved U.S.-origin routers, microprocessors, servers, databases and other items listed on the Commerce Control List.
This latest action shows how important it is for U.S. manufacturers to properly classify the items it manufactures, to perform due diligence, screen all export transactions, and to be alert to any “red flags”