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.
Space industry associations and companies largely welcomed a recent State Department proposal to modernize U.S. space-related export controls, although they asked for several clarifications, fewer export control guardrails and an extended timeline to allow space firms to update their compliance programs.
The Commerce Department’s fall 2024 regulatory agenda for the Bureau of Industry and Security features a host of new rules that could soon update U.S. export controls, including restrictions on aircraft engines, biological equipment and reporting requirements for certain weapons sales, AI chips.
Physical mechanisms built into AI hardware could represent a “promising new tool” to help the U.S. better control exports of sensitive technologies, including to China, the Center for a New American Security said in a new report this month.
Indium Corp., which the Bureau of Industry and Security earlier this week penalized for violating export controls against Russia (see 2412230052), has since “enhanced” its internal compliance program and improved its compliance training for employees, CEO Ross Berntson said in an emailed statement. Berntson also noted that Indium voluntarily disclosed the issue to BIS and “fully cooperated with the resulting investigation.”
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.