The Bureau of Industry and Security made its first update to its new 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 agency said freight forwarders, banks and other entities involved in international trade transactions should review the list to help them comply with BIS antiboycott rules.
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The House Appropriations Committee on June 25 unveiled a FY 2025 Commerce-Justice-Science Appropriations Bill that would provide $186.7 million to the Bureau of Industry and Security, $4.3 million below the FY 2024 enacted level and $36.7 million below President Joe Biden’s budget request.
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.
Indiana University will avoid a fine but must meet several government-imposed export compliance commitments after it illegally exported genetically modified fruit flies carrying a controlled toxin, the Bureau of Industry and Security announced this week. The school voluntarily disclosed the illegal exports and admitted to 42 violations of the Export Administration Regulations, BIS said, which helped IU avoid a monetary penalty.
The Biden administration is working with lawmakers on a bill that could give the Bureau of Industry and Security legal authority to restrict certain exports of artificial intelligence software to foreign adversaries, said Tarun Chhabra, the NSC’s senior director for technology and national security.
A government technical advisory committee is working on two reports about compliance challenges posed by the Bureau of Industry and Security's foreign direct product rule and its semiconductor export controls.
The Bureau of Industry and Security will add three entities linked to Kaspersky, a Russian cybersecurity software firm, to the Entity List for working with Russian military and intelligence services. The agency also will place new restrictions on American companies and people buying or using Kaspersky cybersecurity and antivirus software.
A new strategy by the Bureau of Industry and Security to add a set of addresses -- instead of company names -- to the Entity List could lead to screening challenges for exporters, industry officials told the agency this week.
The Bureau of Industry and Security is working on another rule to address some of the comments it received from its updated semiconductor export controls released in October (see 2310170055), said Sharron Cook, a senior BIS export policy analyst.
The Bureau of Industry and Security on June 24 will add three companies associated with Russian cybersecurity company Kaspersky to the Entity List, the agency said in a notice released June 20. The companies, two located in Russia and one located in the U.K., work with Russian military and intelligence authorities, BIS said. They will be subject to license requirements for all items subject to the Export Administration Regulations, and licenses will be reviewed under a presumption of denial.