BIS Adds Over 70 New Entities To The Entity List, Including SMIC | Husch Blackwell LLP
To embed, copy and paste the code into your website or blog: The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) has issued a final rule amending the Export Administration Regulations (“EAR”) to add 77 entities to the Entity List. This rule took effect on Friday, December 18, 2020 when BIS made a copy available for public inspection on the Federal Register website. As a result of these Entity List designations, the EAR will now require BIS licensing for any exports, reexports or in-country transfers of items “subject to the EAR” to these entities. The de...
Source: jdsupra.com