Chinese electric vehicle battery producer Contemporary Amperex Technology Co. Ltd. (CATL) is trying to get itself taken off the Defense Department's Section 1260H list of Chinese military companies, since it believes its listing was a mistake, a company spokesperson said late April 18.
New export license requirements that the Trump administration recently imposed on chipmakers Nvidia and Advanced Micro Devices (AMD) may not be the last of such actions, Miller & Chevalier said in an alert April 21.
The Semiconductor Industry Association (SIA) called on the Bureau of Industry and Security April 15 to “rethink” its "flawed" interim final rule on artificial intelligence diffusion, saying the computing chip-related export controls are so complicated and far-reaching that they will harm the long-term international competitiveness of the U.S. semiconductor industry.
House Select Committee on China Chairman John Moolenaar, R-Mich., urged JPMorgan Chase & Co. and Bank of America on April 17 to stop participating in the upcoming initial public offering of Chinese electric vehicle battery producer Contemporary Amperex Technology Co. Ltd. (CATL), which the Defense Department recently placed on its Section 1260H list of Chinese military companies (see 2501060024).
Senate Foreign Relations Committee ranking member Jeanne Shaheen, D-N.H., and Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Trump administration April 18 to reverse its decision to remove Hungarian official Antal Rogan from a Treasury Department sanctions list (see 2504170045).
Regular and broadly inclusive communication within a multinational company is key to having a successful export control program, two compliance experts said April 17 during a webinar hosted by professional services firm BDO.
The European Commission earlier this month released a "coordination framework" that allows EU member states to voluntarily identify "similar risks and to coordinate with designing national" export control lists. The proposal also "facilitates the exchange of information among Member States and the Commission prior to and after" adopting the national control lists. Member states may additionally consider and benefit from "any additional information provided by other Member States or the Commission" under the proposal. The framework said that shared information might include the scope of the control list, the impact of the list on "EU economic operators" and other "relevant information for the preparation " of the list.
The House Select Committee on China said in a new report that the Bureau of Industry and Security should receive additional funding to improve its export control capabilities amid a growing workload.
The U.S. government, which provided limited sanctions relief to Syria in January, is examining options to further ease those measures, such as through waivers and licenses (see 2501060034), the State Department told Senate Banking Committee ranking member Elizabeth Warren, D-Mass., in a letter she publicly released April 16.
The Office of Foreign Assets Control this week announced additional sanctions for leaders of La Nueva Familia Michoacana drug cartel, and removed Magnitsky sanctions for a Hungarian government official.