California-based electronics parts manufacturer and supplier Integra Technologies agreed to pay the Bureau of Industry and Security $3.3 million after admitting to violating U.S. export controls on Russia, telling BIS that it didn’t realize the transistors it was shipping needed an export license.
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.
Semiconductor companies should expect more export control rules from the Bureau of Industry and Security before the Trump administration takes office, including possibly new licensing rules and record-keeping requirements for certain chip exports to destinations outside of China, trade lawyer Charles Capito said.
The U.S. government needs a better framework to allow various agencies to coordinate on economic security measures, such as export controls and investment restrictions, Commerce Deputy Secretary Don Graves said.
The Bureau of Industry and Security has completed a round of interagency review for a final rule that would make certain changes to U.S. export controls based on recent decisions made at the multilateral Australia Group. BIS sent the rule to the Office of Information and Regulatory Affairs Nov. 22 (see 2411250004), and the review was completed Dec. 12.
New guidance published by the EU last week outlines steps people and companies should take to make sure their dual-use goods and technology aren’t being sent to Russia, including red flags they should be monitoring as part of their compliance programs. It also offers insight into how the European Commission interprets violations of the bloc’s anti-circumvention laws, with a specific focus on minimum due diligence expectations for businesses and banks.
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 is working on a set of FAQs for its recently released China-related semiconductor export control rules (see 2412020016), which should clear up confusion about when certain new foreign direct product rule restrictions take effect and how they apply, a BIS official said this week.
The Census Bureau and the Bureau of Industry and Security are continuing to try to make progress on their long-awaited routed export rule, a Census official said this week.
The Bureau of Industry and Security is crafting a new interim final rule titled “Export Control Framework for Artificial Intelligence Diffusion.” BIS sent the rule for interagency review on Dec. 9. The agency didn’t release more information.