Archive for the ‘North Korea’ Category

Is Dennis Rodman Next in Line for OFAC Penalties?

Thursday, March 13th, 2014 by Brooke Driver

By: Brooke Driver

Leave it to Dennis Rodman to pack a North Korean dictator, a trashed hotel room and rehab into one vacation. The former basketball star took time out of his busy schedule to visit North Korean leader Kim Jong Un in early January to celebrate his thirty-first birthday. Reports have recently come out revealing the shocking details of Rodman’s trip, and the word “messy” seems to define it best.

The trip was indeed messy in both a literal and figurative sense. The former Chicago Bulls player, who has struggled with alcoholism for years, was apparently drunk most of the trip, and on his final night at the North Korean hotel, he reportedly trashed his hotel room, vomited repeatedly and even defecated in the hallway. Upon returning to the States, Rodman entered an intensive rehabilitation facility as a direct result of the disastrous trip.

The trip also proved messy in a legal sense. In honor of Kim Jong Un’s birthday, Rodman brought with him a number of high end gifts, including custom suits, a fur coat, bottles of Jameson and a designer handbag for the leader’s wife. The total value of the gifts was about $10,000. The gifts likely violated the U.S. ban on exports of luxury goods to North Korea, as described in the International Emergency Economic Powers Act, and Rodman’s actions are currently under investigation by the Treasury Department. If found guilty, he could be fined up to $250,000 and could spend up to 20 years in prison. Maybe he will find that type of “rehabilitation” more effective.

Stop Using License Exception TSR Now!: You Need to Get a New TSR Written Assurance

Tuesday, September 7th, 2010 by John Black

BIS Expands Controls on Foreign-Made Products and Changes TSR Written Assurance

In the July 30, 2010, Federal Register the Bureau of Industry and Security (BIS) published a revision to the Export Administration Regulations (EAR) that does two things.  First, it changes the requirements for what has to be in the written assurance for exports and reexports under License Exception TSR.  Second, it changes the destination countries for which the EAR asserts jurisdiction for foreign-made direct products of US technical data or software. (more…)