Congress Adjusts Exporter Penalties

Congress Adjusts Exporter Penalties

Under the Federal Civil Penalties Inflation Adjustment Act of 2015, Congress has mandated, effective August 1, 2016, a one-time catch-up adjustment to civil monetary penalties for export violations, in order to account for inflation. The last time such an increase occurred was in 1985. Going forward, it is important to note that these penalties are…

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Trade Fest Recap

Trade Fest Recap

A special thanks to Diane Cima, Compliance Specialist, for providing some of the pictures. Mohawk Global Trade Advisors (MGTA) had a great turn out at Trade Fest in Geneva, NY. We’d like to give a sincere thank you to all of the attendees, speakers, and sponsors for making the event a complete success. The day…

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Where We Are with the Trans-Pacific Partnership

Where We Are with the Trans-Pacific Partnership

Since the Trans-Pacific Partnership (TPP) agreement was first made public, it has been met with both positive and negative outlooks. On one side, there are those who still fear the effect it will have on the current American workforce. On the other, many see great economic and geopolitical benefits in joining this partnership. Since both…

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Get Ready to Blend Destination Control Statements

Get Ready to Blend Destination Control Statements

Effective November 15, the Bureau of Industry and Security (BIS) and the U.S. Department of State (DOS) will enforce new requirements for the destination control statements needed under the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR). The revisions will combine both destination control statements, used for EAR and ITAR, to…

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