The leaders of the House Select Committee on China said Jan. 6 that they support the Bureau of Industry and Security’s plans to place new export controls on advanced AI-related chips and believe the agency's upcoming interim final rule should include several specific measures to help keep sensitive technology out of China’s hands.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
An upcoming Bureau of Industry and Security rule that’s expected to place new export controls on advanced AI-related chips will “go down as one of the most destructive to ever hit the U.S. technology industry,” major cloud services provider Oracle said this week.
The Bureau of Industry and Security is adding 13 companies and research institutes to the Entity List for illegally shipping export controlled items to other Entity Listed firms, supporting China’s military modernization efforts or aiding Pakistan’s ballistic missile program, the agency said in a final rule released last week and effective Jan. 6
The Bureau of Industry and Security on Jan. 2 published its annual export enforcement year in review, outlining the various penalties it imposed, indictments and guilty pleas it helped bring, guidance documents it issued and Entity List additions during 2024. The summary highlights enforcement actions against China, Russia and Iran; the due diligence best practices and recommendations BIS issued to exporters, financial institutions, and academia; export control-related partnerships the U.S. formed with trading partners; and more.
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.
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.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
The Bureau of Industry and Security this week published the third quarterly update of its boycott requester list, a list of entities that have asked other companies to boycott goods from certain countries in violation of the Export Administration Regulations.
The Bureau of Industry and Security is asking users of SNAP-R, the agency’s export application submission system, to verify that the email address in their user profile is correct and valid to prepare for upcoming “enhancements” to the SNAP-R system. BIS said it’s planning to replace users’ current log-in ID with their email address “to enable the required two-factor authentication procedures.” It said users should update their profiles with a “unique” email address by Jan 31.