The Commerce Department’s Bureau of Industry and Security (BIS) has released a pair of long-awaited rules that impose additional export controls on advanced computing integrated circuits (ICs) and artificial intelligence (AI)...more
On July 22, 2024, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) issued guidance addressing the April 2024 extension of the statute of limitations for sanctions violations from five years to 10...more
The Bureau of Industry and Security (BIS) released its latest Don’t Let This Happen to You! report, summarizing recent U.S. export control civil and criminal enforcement actions....more
7/16/2024
/ Artificial Intelligence ,
Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Criminal Prosecution ,
Enforcement ,
Enforcement Actions ,
Enforcement Priorities ,
Export Controls ,
Exports ,
Risk-Based Approaches ,
Russia ,
Semiconductors ,
Technology ,
U.S. Commerce Department ,
Ukraine ,
US Trade Policies
Citing Russia’s “transition to a full war economy,” the United States imposed sweeping new sanctions and export controls on Russia and Belarus today, including companies and individuals that continue to supply Russia’s...more
6/13/2024
/ Belarus ,
Belarus Sanctions ,
Biden Administration ,
Blocking Sanctions ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Entity List ,
Export Controls ,
Financial Institutions ,
Foreign Policy ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SDN List ,
Software ,
Software Developers ,
Technology Sector ,
Ukraine ,
US State Departments
This alert has been updated to address the May 2024 announcement by Turkey of its suspension of exports and imports with Israel and the impact for United States antiboycott compliance. ...more
6/7/2024
/ Boycotts ,
Compliance ,
Exports ,
Imports ,
Israel ,
Israel/Palestine ,
Middle East ,
Military Conflict ,
Popular ,
Supply Chain ,
Trade Restrictions ,
Turkey
Overseas Critical Exports (ENFORCE) Act—a bill to expand the authority of the Bureau of Industry and Security (BIS) to control the export of artificial intelligence (AI) systems and other emerging technology with national...more
Melissa Duffy and Trevor Coval contributed their thought leadership to the American Conference Institute’s 14th Annual Global Encryption, Cloud & Cyber Export Controls Conference, held in San Francisco on May 14-16. Melissa...more
5/22/2024
/ Artificial Intelligence ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
China ,
Cloud Computing ,
Compliance ,
Department of Justice (DOJ) ,
Due Diligence ,
Export Controls ,
Exports ,
Hardware ,
IaaS ,
Know Your Customers ,
Military End Use ,
National Security ,
Popular ,
Proposed Legislation ,
Proposed Rules ,
Semiconductors ,
Sensitive Personal Information ,
Software ,
Supply Chain ,
Technology Sector
On April 24, 2024, President Biden signed into law an emergency supplemental appropriations law, H.R. 815 (Public Law 118-50), that provides substantial military aid to Ukraine, Israel, and Taiwan and could force the sale of...more
5/1/2024
/ Appropriations Bill ,
Biden Administration ,
China ,
Economic Sanctions ,
Export Controls ,
Exports ,
Foreign Corrupt Practices Act (FCPA) ,
International Emergency Economic Powers Act (IEEPA) ,
International Harmonization ,
Israel ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Statute of Limitations ,
Taiwan ,
TWEA ,
Ukraine
The United States imposed a new round of economic sanctions and export restrictions on Russia today, marking the second anniversary of Russia’s invasion of Ukraine and following the death of Russian opposition leader, Alexei...more
2/26/2024
/ Bureau of Industry and Security (BIS) ,
Business Operations ,
Doing Business ,
Economic Sanctions ,
Entity List ,
Export Bans ,
Financial Institutions ,
Investors ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Agenda ,
Russia ,
Technology Sector ,
Ukraine
The United States Department of Commerce (Commerce) issued a notice of proposed rulemaking (NPRM) seeking comments on new proposed regulations that would, if enacted, impose extensive Know Your Customer (KYC) and Customer...more
2/1/2024
/ Artificial Intelligence ,
Biden Administration ,
Comment Period ,
Customer Identification Program (CIP) ,
Financial Services Industry ,
IaaS ,
Know Your Customers ,
New Rules ,
NPRM ,
Technology Sector ,
U.S. Commerce Department
The Commerce Department’s Bureau of Industry and Security (BIS) has published new FAQs that offer further guidance on two interim final rules that went into effect in November 2023.
hese rules, for which the BIS is...more
1/12/2024
/ Anti-Terrorism Financing ,
Bureau of Industry and Security (BIS) ,
CFIUS ,
China ,
Electronic Export Information (EEI) ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Final Rules ,
General Licenses ,
Interim Final Rules (IFR) ,
ITAR ,
Licenses ,
Semiconductors