The Aerospace Industries Association (AIA) unveiled dozens of recommendations Oct. 10 that it said would make the U.S. arms sales process more predictable, efficient and transparent.
The Bureau of Industry and Security recently updated its FAQs on the export control seminars that it holds for businesses and organizations looking to comply with the Export Administration Regulations or obtain continuing legal education credits. The FAQs cover who should attend the seminars, how organizations can request a seminar, how to partner with BIS on a seminar, what topics are usually covered and more.
The Treasury Department’s Financial Crimes Enforcement Network issued new FAQs last week that it said help clarify certain requirements related to the filing of suspicious activity reports with FinCEN. The FAQs touch on requirements relating to the circumstances under which financial institutions must file the reports, ongoing reviews of customer accounts, and more.
Exporters shouldn’t assume that the AUKUS initiative between Australia, the U.K. and the U.S. will continue in its current form, even though the Trump administration has made mostly positive comments about the agreement, said Charles Edel, the Australia chair at the Center for Strategic and International Studies.
The President's Export Council wasn't among a list of federal advisory committees that President Donald Trump chose to maintain in an executive order released Sept. 29, and a White House spokesperson this week called the council "unnecessary."
The State Department recently approved possible military sales, to South Korea and Canada, the Defense Security Cooperation Agency said.
Turkish Airways will buy up to 75 advanced Boeing 787 Dreamliner aircraft and plans to purchase up to 150 more 737 MAX airplanes as part of a $30 billion deal with Boeing, the Commerce Department announced last week. "The $30 billion agreement for Boeing 787 Dreamliner aircraft will include an estimated $25 billion in U.S. export content," Commerce said.
The State Department last week approved a possible $1.23 billion military sale to Germany, the Defense Security Cooperation Agency said. The sale includes "AIM-120D-3 Advanced Medium Range Air-to-Air Missiles and related equipment," and the principal contractor will be RTX.
President Donald Trump on Sept. 25 signed an executive order that a White House official said brings "into effect" the U.S.-China agreement that will eventually bring TikTok under the control of American investors (see 2509220010). Trump, speaking to reporters, said he had a "very good talk" with Chinese President Xi Jinping, and "he gave us the go-ahead" to approve the deal. "We have American investors taking it over," Trump said, adding that technology company Oracle will "play a very big role in terms of security, safety and everything else."
The Treasury Department officially published a rule this week delaying the effective date of new regulations that were set to make investment advisers subject to anti-money-laundering and counterterrorism financing requirements. The original final rule, which was issued in August 2024 and scheduled to take effect Jan. 1, 2026 (see 2408290024), will now apply starting Jan. 1, 2028. Treasury previewed the delay in July (see 2507240021).