International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" ""> <html xmlns="" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | WTO Reports Continued Worldwide Decline in Antidum... » | BIS Imposes $77,000 Penalty on Florida Company for... » | OFAC Publishes Final Rule Authorizing Certain Tran... » | Senators Vow to Reform Military Export Controls » | President Extends U.S. Sanctions on Syria » | Military Catch-All Regulation may Crimp China Trad... » | Under Secretary McCormick Contends That Export Con... » | Taiwan Preparing to Impose Controls on Export of C... » | BIS Imposes $203,400 Penalty on Utah Company for P... » | House Overwhelmingly Approves Security and Account... » 

May 10, 2006 

BIS Imposes $13,500 on Bank for Antiboycott-Related Violations

The Bureau of Industry and Security (BIS) has imposed a $13,500 penalty on the New York branch of BNP Paribas for antiboycott related violations. BIS's Office of Antiboycott Compliance alleged that BNP Paribas committed three violations of the antiboycott regulations (15 CFR Part 760) by forwarding bills of lading and a carrier's certificate containing prohibited boycott language to the bank's affiliates in Dubai and Bahrain. In addition, BIS charged the bank with violating the antiboycott regulations by failing to report the receipt of the three requests to take an action that would have the effect of furthering or supporting a restrictive trade practice or unsanctioned foreign boycott.

Labels: ,

Excellent, love it!

Very cool design! Useful information. Go on!

Post a Comment



Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed




  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News,".
  • ©2003-2015. All rights reserved.

Translate This Site

Powered by Blogger