d test, to see if the prices of the exporter's U.S. sales vary significantly across region, time period or purchaser. Use of this test as part of the differential pricing analysis has been subject to much litigation, with the primary point of contention being whether Commerce must satisfy basic statistical assumptions such as roughly equal variances and normally-distributed data sets when running the test.

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Differential Pricing Analysis

The Commerce Department uses a differential pricing analysis to detect whether companies are selling goods across different time periods, regions or purchasers in an effort to mask the dumping of their products into the U.S. market. As part of this analysis, the agency will use a statistical test, called the Cohen's d test, to see if the prices of the exporter's U.S. sales vary significantly across region, time period or purchaser. Use of this test as part of the differential pricing analysis has been subject to much litigation, with the primary point of contention being whether Commerce must satisfy basic statistical assumptions such as roughly equal variances and normally-distributed data sets when running the test.

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OFAC Schedules File Change for Palestinian Legislative Council Data
December 6, 2013 by Brian Dabbs|Treasury Dept.

The Treasury Department Office of Foreign Assets Control (OFAC) will in March 2014 discontinue issuance of Palestinian Legislative Council (PLC) data files in the 32 and 16 bit self-extracting archives known as "PLCDAT32.EXE" and "PLC_DAT.EXE," OFAC said. OFAC will continue to provide and update the 32 bit .zip archive known as "PLC_DAT.ZIP," the archive that contains 18 files including XML, CSV, @ sign delimited, fixed field delimited, and text versions of the PLC list. Those interested in providing feedback should contact OFAC at O_F_A_C@treasury.gov.

OFAC Schedules File Change for SDN Download
December 4, 2013 by Brian Dabbs|Commerce Dept.

The Commerce Department Office of Foreign Assets Control (OFAC) in March 2014 will discontinue issuance of Specially Designated Nationals data files in the 32 bit self-extracting archive known as “SDALLW32.EXE.” OFAC will continue to provide and update the 32 bit .zip archive known as “SDALL.ZIP.” The change may impact SDN download processes. OFAC recommends users utilize the .ZIP file. Those interested in providing feedback should contact OFAC at O_F_A_C@treasury.gov.

OFAC Settles Sudan Sanctions Violation Case with Compass Bank
December 4, 2013 by Brian Dabbs|Treasury Dept.

The Treasury Department Office of Foreign Assets Control (OFAC) and Compass Bank, based in Birmingham, Ala., settled a potential civil liability suit over apparent violations of the Sudanese Sanctions Regulations, OFAC said Dec. 3. Compass Bank agreed to remit $19,125 for one apparent violation of the sanctions regulations, OFAC said, noting the total base penalty amount for the violation was $25,000. OFAC determined Compass Bank did not voluntarily self-disclose the apparent violations, but the violation is considered non-egregious. Compass Bank initiated in February 2011 a funds transfer to Sudan via the U.K., OFAC said. Compass Bank cooperated with the OFAC investigation and took “appropriate remedial action in response to this apparent violation,” OFAC added.

OFAC Authorizes Transactions for Blocked AMIN Crude Oil Tanker
December 2, 2013 by Brian Dabbs|Treasury Dept.

The Treasury Department Office of Foreign Assets Control (OFAC) authorized all transactions related to the arrest, detention, and judicial sale of the AMIN Crude Oil Tanker, effective Nov. 27. The vessel is currently arrested in Gulei, Zhangzhou port, China, OFAC said. OFAC identified the vessel as blocked property on July 12, 2012. OFAC added the entity to the Specially Designated Nationals list (see 12071238).

Oil Services Firm Weatherford to Pay $252 Million to Settle FCPA, Export Control Violations
November 27, 2013 by Brian Feito|Penalties and Courts

Oil services company Weatherford International will pay $252 million to settle charges that it violated the Foreign Corrupt Practices Act and the International Emergency Economic Powers Act export control provisions, said the Justice Department Nov. 26. The company will resolve charges that it didn’t have adequate internal controls, which resulted in bribery and corruption by its subsidiaries. The Office of Foreign Assets Controls announced its settlement with the company on Nov. 26 (see 13112631).

OFAC Settles Sanctions Violation Suit with Weatherford International
November 26, 2013 by Brian Dabbs|Treasury Dept.

The Department of Treasury Office of Foreign Affairs Control (OFAC) settled a civil liability suit with Weatherford International Ltd. for apparent violations of the Cuban Assets Control Regulations, Iranian Transactions and Sanctions Regulations and Sudanese Sanctions Regulations, OFAC said Nov. 26. Weatherford and its subsidiaries provided oilfield equipment and services, along with other direct or indirect exportation of goods, technology, and/or services to the countries in question, said OFAC. “Weatherford’s $91,026,450 settlement with OFAC will be deemed satisfied by the $50 million in criminal fines and monetary penalties paid by Weatherford International Ltd. and two of its subsidiaries pursuant to their agreements with the USAO, as well as the $50 million civil penalty paid to BIS,” said OFAC.