Trade and Manufacturing Monitor
BIS Issues Formal ICTS Program Final Rule
This blog post was drafted with assistance from Sean C. Church, Paralegal. On December 5, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS or the Agency) issued a Final Rule formalizing…
Commerce Department Strengthens Export Controls Through New Interim Rules to Restrict Development of Chinese Advanced Semiconductors
This blog post was drafted with assistance from Sean C. Church, Paralegal. On December 2, 2024, the Department of Commerce’s Bureau of Industry and Security (BIS) published two interim final rules (IFR’s) making the…
OFAC Issues New Russia-Related SDN Designations and Alert for Financial Institutions
This blog post was drafted with assistance from Sean C. Church, Paralegal. On November 21, 2024, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) updated the Specially Designated…
Treasury Issues Final Rule on Outbound Investments to China
This blog post was drafted with assistance from Sean C. Church, Paralegal. On October 28, 2024, the Treasury Department issued its final regulations (the Final Rule) implementing new controls on outbound investments…
BIS Issues Guidance to Financial Institutions on Best Practices for Compliance with the Export Administration Regulations
This blog post was drafted with assistance from Sean C. Church, Paralegal On October 9, 2024 the Department of Commerce’s Bureau of Industry and Security (BIS) published guidance for financial institutions (FIs) which…