OFAC, BIS, or ITAR: Understanding the Three U.S. Trade Control Regimes and Why One International Transaction May Trigger All Three

Companies engaged in international trade often refer broadly to “sanctions compliance” without recognizing that U.S. trade controls are administered through multiple legal frameworks, each serving a distinct purpose. While sanctions screening has become standard practice for many businesses, compliance frequently requires much more than checking a customer against a restricted-party list….
By: Friling Law