In an interview with Export Compliance Daily, International Trade partner David Lim commented on the US Department of Justice's expected export control and sanctions initiatives under the incoming administration.
Lim noted that the Task Force KleptoCapture and Disruptive Technology Strike Force fostered a "department-wide commitment" to focus on export control and sanctions issues. He said he expects the new administration to continue to prioritize investigations that look to protect advanced US technologies. "These aren't tools that are going to go back into the box," he said. "It's just going to be a matter of how they're deployed under a new administration."
Commenting on the DOJ's voluntary self-disclosure program, Lim noted that it's "critical to national security" that the government works with companies to prevent export and sanctions violations. He also noted that the government needs to keep its promise that it will offer credit to businesses that self-report.
"If the private sector starts to see nothing but significant enforcement actions against corporations who are trying to disclose and do the right thing, then there's naturally going to be a chilling effect," Lim said. "We'll wait to see what that looks like under a new administration, but the framework is there for this new administration to take and use."
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