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Foodman CPAs & Advisors

BIS New Guidance for FI’s Best Practices

Foodman CPAs & Advisors on

On 10/9/24, the Bureau of Industry and Security (BIS) within the Department of Commerce has issued guidance aimed at financial institutions (FIs), outlining best practices for adherence to the Export Administration...more

Faegre Drinker Biddle & Reath LLP

U.S. Commerce Department Strengthens Export Controls to Restrict China’s Semiconductor Production

Background - On December 2, 2024, BIS announced two new rules under the EAR targeting the PRC’s ability to produce “advanced-node” semiconductors, including advanced-node integrated circuits (ICs), which can be used in...more

King & Spalding

The U.S. Departments of Commerce and State Issue Proposed Rules Expanding Controls on Military and Security-Related Services, End...

King & Spalding on

To curtail U.S. persons from supporting the efforts of adversarial regimes, such as China and Russia, in advancing their military and intelligence capabilities, the U.S. is proposing a significant expansion of export control...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Expands Nuclear Export Controls on China

In a rule effective August 11, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) expanded nuclear nonproliferation controls on China, as part of the U.S. government’s latest efforts to address...more

Wiley Rein LLP

New Export Control Rules Target China’s Acquisition of Semiconductor Equipment, Advanced Computing, and Supercomputer Technologies

Wiley Rein LLP on

On October 7, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced a series of long-awaited regulations – issued as an interim final rule – amending the Export Administration Regulations...more

Eversheds Sutherland (US) LLP

US targets China’s National Offshore Oil Corporation with export sanctions

In the latest of a series of measures targeting China before this week’s transition of administrations, on January 14, 2021, the Trump Administration added China National Offshore Oil Corporation Ltd. (CNOOC) to the US...more

Dorsey & Whitney LLP

U.S. Government Sanctions Chinese and Russian Entities and Creates New Military End User List

Dorsey & Whitney LLP on

Rounding out an already-intense 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued three notices in December that expanded export sanctions and restrictions against Chinese, Russian, and...more

Faegre Drinker Biddle & Reath LLP

U.S. Commerce Department Issues New Export Control Guidance for Companies Doing Business in China, Russia and Venezuela

As previously discussed, on April 28, 2020, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced significant changes to the Export Administration Regulations (EAR) to further restrict transactions...more

Hogan Lovells

BIS Expands Foreign-Produced Direct Product Rule With Regard to Huawei

Hogan Lovells on

The Commerce Department’s Bureau of Industry and Security has announced an Interim Final Rule amending the Export Administration Regulation’s General Prohibition Three, the foreign-produced direct product rule....more

White & Case LLP

US Commerce Department Increases Scrutiny and Restrictions on Exports with Particular Focus on China, Russia and Venezuela

White & Case LLP on

On April 28, 2020, the US Commerce Department's Bureau of Industry and Security (BIS) published two new final rules amending the Export Administration Regulations (EAR). One of the final rules removes license exception Civil...more

Akin Gump Strauss Hauer & Feld LLP

Commerce Announces Plan to Eliminate License Exception CIV

• The Department of Commerce has announced that it plans to eliminate License Exception CIV (civil end-users) from the Export Administration Regulations (EAR). • Businesses who use or have considered using License...more

Davis Wright Tremaine LLP

Congress Enacts the Export Controls Act of 2018, Extending Controls to Emerging and Foundational Technologies

As part of the National Defense Authorization Act (“NDAA”) for Fiscal Year 2019, Public Law No: 115-232, Congress enacted the Export Controls Act of 2018 (“ECA”)....more

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