2025 Bulletins - exportcompliancedaily.com
The Bureau of Industry and Security on Jan. 6 will add 13 companies to the Entity List for illegally shipping export-controlled items in support of China’s military modernization efforts or Pakistan’s ballistic missile program.
Export Compliance Daily
Oct 16, 2024 · Start your 30-day trial today. Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
Export Due Diligence Challenges Causing Companies to Cancel …
Aug 28, 2024 · Some companies are struggling to meet a due diligence threshold set by the U.S. government for sales to foreign suppliers accused of illegal sales to Russia, said Anne van de Heetkamp, vice president of product management for global trade intelligence at Descartes Systems Group.
Exporters Should Consider 'No-Russia' Clauses to Protect Against ...
1 day ago · The new U.K. recommendations come after the EU announced plans in 2023 to mandate the use of no-Russia clauses for European companies (see 2402270046).Inserting a no-Russia clause or other language in a contract that prohibits a buyer or importer from selling any restricted items to Russia “could help protect you as a seller,” the U.K.'s Office of Trade Sanctions Implementation said in ...
Changes to Space Export Controls Will Boost 'Secure Trade' With …
Oct 21, 2024 · A set of new rules released last week by the Commerce and State departments will reduce licensing requirements for exports of certain space-related items to a range of U.S. trading partners and propose to transfer export control jurisdiction over other space-related defense items from the State Department to the Commerce Department, lowering trade barriers faced by the commercial space ...
Top ECD Articles From 2024 - exportcompliancedaily.com
Jan 3, 2025 · Export Compliance Daily is providing readers with the top 20 stories published in 2024. All articles can be found by searching on the titles or by clicking on the hyperlinked reference numbers.
Industry Urges BIS to Scale Back, Clarify Proposed End-User Controls
Oct 23, 2024 · The proposed rules -- which could place controls on all items subject to the Export Administration Regulations when destined to military end-users in certain countries, along with other restrictions (see 2407250032) -- were widely panned in public comments submitted to BIS and published this month. Multiple companies said the restrictions, if finalized, would place unparalleled due diligence ...
Financial Firms Responsible for ‘Ongoing’ Export Due Diligence, …
Oct 10, 2024 · The six-page guidance, released by BIS Oct. 9, offers a set of best practices that companies operating in the financial industry should follow to “minimize their risk” of violating U.S. export control regulations, including how they should screen customers, verify customer compliance with export laws, and create other “risk-based procedures” to catch and investigate red flags before ...
BIS Asked to Hold off on Cloud Export Controls, Clarify Chip Rules
Feb 5, 2024 · In more than 100 pages of comments recently made public by the Bureau of Industry and Security, businesses asked the administration to refine the chip control parameters that were updated in rules last year, more clearly define what some said are vague terms and definitions, improve the rules’ new chip export notification process, work to convince allies to impose the same measures and ...
Departing Enforcement Chief: BIS Profile Has Risen, but …
5 days ago · The Bureau of Industry and Security’s record-setting enforcement pace over the last several years has raised the agency’s profile and convinced more businesses to invest in compliance, said Matthew Axelrod, the top BIS export enforcement official. But Axelrod said he thinks companies can do more ...