Youtube Video Transcripts
Welcome to the Clark-Esposito Law Firm, P.C. Youtube Transcripts Page. Accessibility is one of our firm's top priorities so we have made transcripts of our Youtube video content available on this page.
Going Through An OFAC Investigation/Audit Alone? -
Beware of These 3 Factors
Whether it's your first time ever hearing about the Office of Foreign Assets Control (OFAC) or you are familiar with the federal agency, you'd better be careful if you want to get through this without an experienced advisor. Think of the investigation as an audit in that they are combing through your records and drawing conclusions to ensure you have been complying with their regulations. Where wrongdoing is found you could be subject to civil or criminal penalties including jail time.
Trailer - Going Through An OFAC Investigation/Audit Alone?
Caught up in an unexpected Office of Foreign Assets Control (OFAC) investigation/audit or the threat of one? Worried about getting put in the penalty box? Are you seriously considering navigating your OFAC investigation/audit without an experienced advisor? If so, this video is for you! Watch our upcoming video to understand 3 key things you need to be worried about if you're seriously considering going through an OFAC investigation/audit alone. Subscribe to our channel so you won't miss out.
"Deemed Exports" - What Are They?
Not every export from the United States technically leaves the country. A deemed export is the transfer of particular software or technology to a foreign national, whether they are within the U.S. or not. Deemed exports that do not fall under the exception of research or public data require a special type of license. This license requires the exporter to give a more highly detailed description of the end user and end uses than the typical export license application. In some jurisdictions, this may be considered attorney advertising.
EAR: Understanding ECCNs - How Do They Work?
The Export Administration Regulations (EAR) is the statutory guideline for most export regulations in the United States. The EAR has a list of goods called the Commerce Control List (CCL) which details a majority of the types of exports that are regulated by the EAR. The items on this list refer to a particular Export Control Classification Number (ECCN) which can be used to research specific information about the export process.
What Should I Consider When Importing? An Interview with International Trade Attorney, Deanna Clark
Watch this interview with our Managing Attorney Deanna Clark-Esposito, Esq. and seasoned Business Law attorney, Tony Liu, Esq. of Focus Law Group, where he helps entrepreneurs to stabilize, grow, and scale their businesses in accordance to regulatory compliance. In this video Deanna and Tony discuss what to do when facing a notice from US Customs and Border Protection, sanctions, and seized property.
What Are EAR Controls and Classifications? (US Department of Commerce)
The Export Administration Regulations (EAR) classifies exports as being either EAR99 or subject to the Commerce Control List (CCL) regulations. This video explains what you need to know about the most important aspects of the EAR regulatory control system.
What to Expect During a Consultation with the Clark Esposito Law Firm, P.C.
As the managing attorney of the Clark-Esposito Law Firm, P.C., I'm excited about our upcoming consultation where we will get to meet one another. In this video, hear more about what you can expect during our meeting.
Completing the Clark Esposito Law Firm, P.C. Questionnaire
Now that you have your confirmed consultation scheduled, we have sent you our prospective new client questionnaire for completion in advance of our meeting so that we can get to know you better. This video answers questions related to the Clark-Esposito Law Firm, P.C. questionnaire.
What to Expect Before the Consultation with the Clark Esposito Law Firm, P.C.
If you have scheduled a consultation with our law firm, you should know that we are excited to meet you! This video provides information about what you can expect before your consultation with the Clark-Esposito Law Firm, P.C.
What is "SNAP-R" and How is it Used in an Export Transaction?
The Simplified Network Application Processing Redesign (SNAP-R) is the platform where exports can apply for export license applications, commodity classification requests, reexport license applications, and license exception AGR notifications. SNAP-R allows exporters to check on the status of their licenses and plan for renewal or contact with appropriate agencies.
EAR: Understanding the Relevance of a Shipment's "End Use" to its "End Users" in Exports
For particular types of exports the U.S. Export Administration Regulations (EAR) require a higher level of review for particular "end uses" (i.e., what a shipped product will be used for) and "end users" (i.e., to whom the cargo is being shipped). It can be tricky to identify a particular end use or end user but factors such as the destined country, individual and type of item being exported may be used for general determination of how the export will be regulated.
EXPORT CLEARANCES AND RECORDKEEPING: THE AUTOMATED EXPORT SYSTEM (AES)
The Automated Export System (AES) is the central location where an exporter may submit their Electronic Export Information (EEI) for review by the appropriate governmental agency. Filing with AES is required for cargo valued at more than $2,500 or that requires any type of licensing. The Automated Export System Trade Interface Requirements (AESTIR) offers guidance for using AES and defines all data that needs to be entered.
Corporate Legalities for an Importer: An interview of Tony Liu, Esq. by Deanna Clark-Esposito, Esq.
Watch this interview with our Managing Attorney Deanna Clark-Esposito, Esq. and seasoned Business Law attorney, Tony Liu, Esq. of Focus Law Group, where he lends his know-how on various aspects of corporate law to companies engaged in importing and exporting.
What Are OFAC Sanctions?
The U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) enforces export regulations through the implementation of sanctions. OFAC uses either a blocking or rejecting method of sanctions against individuals that are deemed to be in violation of export regulations or that pose potential national security risks. Once OFAC discovers a sanctions violation has been committed, based on the factors of the violation, penalties may range from a warning to criminal referrals.
Export Administration Regulations (EAR): Export Controls and Classifications
The Bureau of Industry and Security (BIS), under the US Dept. of Commerce, is tasked with advancing national security, foreign policy and other US economic interests. Learn about it and the Export Administration Regulations (EAR), which provide the framework for which BIS governs exports.
Types of Export Transactions
The basic building blocks to understanding an export transaction is to understand who the parties are, be it the US Principal Party in Interest (USPPI) or the Foreign Principal Party in Interest (FPPI), and the difference between a standard export transaction versus a "routed" one. Learn about these and more in this video.
What is OFAC and What Does It Do?
You may have heard of OFAC Sanctions but what do you know about the agency, the Office of Foreign Assets Control, itself? Learn about what this agency's purpose is and its role with licenses and enforcement over restricted activities when it comes to global transactions.
The Difference Between an OFAC General & Specific License
Knowing where restrictions imposed by the Office of Foreign Assets Control (OFAC) related to exports or other transactions, limitations on the delivery of shipments to certain foreign destinations, or those governing a particular financial transaction, can be difficult to determine. On top of that, depending on what activity you are doing, you may need a license, be it a general or specific one. Learn the difference between the two license types in this video.
How to Design Your Export Plan for Success
Wondering about how to export? Ready to launch your products into new countries? Follow these steps to begin designing your plan for export success.
25 Reasons Why Potential New Clients Contact Our Law Firm
Understanding the nature of international trade and business transactions that a law firm can assist importers and exporters with can be a daunting task due to both the diversity of matters and the scarcity of trade counsel globally. While our list isn't exhaustive, it will give you an idea of the types of issues we can resolve for importers, exporters and those who support them (freight forwarders, customs brokers, etc.).
A Personal Story From Deanna
Hear my story about being the victim of a random act of violence and why this has prompted me to offer FREE virtual meetings.