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In an interim final rule published on October 13, 2022, the US Commerce Department's Bureau of Industry and Security (BIS) announced sweeping amendments to the Export Administration Regulations...
In response to the Ukraine invasion, the U.S. significantly expanded sanctions against Russia's financial services sector, creating risks for making payments for otherwise lawful business involving Russia...
In response to Russian President Vladimir Putin's continued war operations in Ukraine and military attacks throughout the country, the U.S. government and its allies took "unprecedented" actions...
To print this article, all you need is to be registered or login on Mondaq.com. The U.S. Department of Commerce's Bureau of Industry and Security ("BIS") recently revised the Export Administration Regulations ("EAR") to, among other things, modify reporting and self-classification requirements for certain encryption commodities, software, and technologies. On March 29, 2021, BIS issued a final rule modifying the EAR. In addition to implementing changes to several Export Control Classification Numbers ("ECCNs"), the final rule made three modifications that are noteworth...