The Bureau of Industry and Security released a notice Nov. 10 officially suspending its Affiliates Rule for one year, beginning immediately. The stay of the rule, which applies Entity List prohibitions to unlisted entities owned at least 50% by companies on the Entity List, will run through Nov. 9, 2026, as expected.
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 clicking on the hyperlinked reference number.
Texas resident Mohammed Aldalki is suing the Bureau of Industry and Security and CBP, alleging that they illegally detained his 2021 Mercedes before it could be exported to Jordan.
The U.S. decision to suspend the Bureau of Industry and Security's 50% rule was met with both relief and exasperation by U.S. exporters, some of whom welcomed more time to prepare while also expressing frustration with the time and resources they already spent trying to comply, including buying expensive screening software.
The Commerce Department again renewed a temporary export denial order for Mahan Airways, saying that the Iranian airline continues to violate the order and the Export Administration Regulations. In its Oct. 31 notice, Commerce said Mahan, which has been on the banned list since 2008, has continued flights between Iran and Russia, China and Pakistan in violation of U.S. export controls. BIS extended the denial order for one year.
The U.S. will suspend the Bureau of Industry and Security’s 50% rule for one year in exchange for Beijing postponing its export restrictions on rare earths for one year, the two sides announced Oct. 30.
The Trump administration has signaled that it may not waste time in enforcing the Bureau of Industry and Security’s new 50% rule, said Gavin Proudley, head of third-party risk proposition at Dow Jones, during the International Compliance Professionals Association's fall conference this week in Texas.
The U.S. is postponing the Bureau of Industry and Security's 50% rule for one year in exchange for Beijing delaying its rare earth export controls for one year, Treasury Secretary Scott Bessent said in an Oct. 30 interview with Fox Business. "We are going to be suspending [the BIS 50% rule] for a year in return for the suspension on the rare earth licensing regime," he said.
More than 50 congressional Democrats, including Senate Banking Committee ranking member Elizabeth Warren, D-Mass., and House Foreign Affairs Committee ranking member Gregory Meeks, D-N.Y., urged the Trump administration Oct. 27 to reverse its recent decision to roll back a Biden-era interim final rule that increased restrictions on firearms exports.
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 clicking on the hyperlinked reference number.