The Bureau of Industry and Security should consider working with companies to help them carry out extra due diligence for certain chip exports and should introduce a notification requirement for exports of advanced AI chips, researchers said in a new report last week. Those and other recommendations could help BIS better prevent illegal chip smuggling, they said.
The Bureau of Industry and Security, which is seeking a major budget increase in FY 2026 (see 2505020030), would use the funding boost to add hundreds of employees to enhance its compliance and enforcement capabilities, agency head Jeffrey Kessler said June 12.
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 by clicking on the hyperlinked reference number.
The Bureau of Industry and Security's recently issued advanced chip guidance appears to raise compliance expectations for industry, especially for banks and forwarders that may be indirectly or inadvertently violating export controls on China, lawyers said.
Commerce Secretary Howard Lutnick confirmed June 5 that the Commerce Department is reviewing a Biden administration 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 by clicking on the hyperlinked reference number.
China's Foreign Ministry criticized recent measures by the U.S. Bureau of Industry and Security to restrict exports of a range of items to China, saying Beijing "firmly" opposes the controls and "will resolutely defend our legitimate rights and interests."
At least three companies last week disclosed receiving letters from the Bureau of Industry and Security informing them of new license restrictions they must follow for certain exports to China, including two semiconductor design firms and one oil company.
The recent departure of many career employees at the Bureau of Industry and Security and other government agencies hasn’t necessarily translated into less export control and sanctions enforcement activity, lawyers said last week.
The Bureau of Industry and Security is suspending and revoking existing export licenses for a range of items destined to China, including chip-related design software and civil aviation items, two people familiar with the matter said.