U.S. BIS imposes $2.77 million penalty on 3D printing company for exports to China and Germany
The settlement resolves allegations of 19 violations of the Export Administration Regulations (EAR).
3D printing company for exports to China and Germany
The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce issued an order [1.7 MB] imposing an administrative penalty of over $2.77 million on a U.S. 3D printing company.
The BIS release [PDF 106 KB] explains that as part of the settlement agreement, the company is also required to retain a third-party consultant and to complete two audits of its export controls compliance program.
The settlement resolves allegations of 19 violations of the Export Administration Regulations (EAR) by exporting:
- Controlled aerospace technology and metal alloy powder to China without the required license
- Controlled technology to Germany without the required license
The Proposed Charging Letter (PCL) also included allegations related to failure to comply with the EAR’s recordkeeping requirements. The company admitted to committing the alleged conduct set forth in the PCL as part of this agreement.
The company also entered into corresponding settlement agreements with the Department of State and the Department of Justice.
For more information, contact a professional with KPMG Trade & Customs services:
John L. McLoughlin
Luis (Lou) Abad
|Jenna Leigh Glass
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.