export control violations

Cleary Gottlieb Discusses DOJ National-Security Case Declinations Under Corporate Enforcement Policy

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On April 30, 2025, the Department of Justice’s (“DOJ”) National Security Division (“NSD”), alongside the U.S. Attorney’s Office for the Northern District of California, announced a declination to prosecute Universities Space Research Association (“USRA”) for criminal export control violations committed …

Davis Polk Discusses Commerce Department Guidance Expanding Export-Control Requirements for Financial Institutions

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On October 9, 2024, the Commerce Department’s Bureau of Industry and Security (BIS) issued new guidance for financial institutions on best practices for compliance with export control laws and regulations (the Guidance).[1] The Guidance caps a series of notes …