Dec 30, 2024 · Ivan Kanapathy, former senior vice president at Beacon Global Strategies, has been named the senior director for Asia at the National Security Council, the firm announced Jan. 21. Kanapathy, who served on the NSC under the first Trump administration, has voiced support for U.S. unilateral and extraterritorial trade controls against China (see 2306160043) and has criticized the Treasury ...

U.S. aerospace firm RTX tapped senior counsel Lara Covington to head the company’s compliance with the deferred prosecution agreements announced last week with DOJ and the SEC, Covington announced on LinkedIn. Covington’s official title will be the executive director of the RTX DPA Compliance Program Office, where she will help “ensure the company successfully meets its obligations” to ...

2 days ago · A former top Commerce Department adviser in the Biden administration expects President Donald Trump and Congress to continue prioritizing export controls and other trade restrictions, although he said the government’s success partly depends on whether the administration can craft a clear, coordinated economic security strategy that …

6 days ago · President Donald Trump took several steps during his first day in office to reverse, delay or scrutinize trade- and sanctions-related actions introduced by the Biden administration, ordering agencies to study existing export controls for possible loopholes, consider changes to outbound investment restrictions, or possibly postpone some of …

6 days ago · In a set of policy recommendations for the new administration and the Republican-controlled Congress, the Semiconductor Industry Association this month said the U.S. should consider shifting away from Biden’s chip-control strategy. It said U.S. rules issued by the last administration have placed broad, unilateral restrictions on exports and may risk pushing foreign customers toward ...

Oct 21, 2024 · The Bureau of Industry and Security on Oct. 23 will add 26 companies and people to the Entity List for trying to buy controlled U.S. items for China’s military, evade sanctions against Russia, supply sensitive goods to Iran or Pakistan, or for evading U.S. end-use checks, the agency said in a final rule released Oct. 21. BIS will also remove two entities from the list and update the address ...

Feb 5, 2024 · In more than 100 pages of comments recently made public by the Bureau of Industry and Security, businesses asked the administration to refine the chip control parameters that were updated in rules last year, more clearly define what some said are vague terms and definitions, improve the rules’ new chip export notification process, work to convince allies to impose the same measures and ...

Oct 23, 2024 · The proposed rules -- which could place controls on all items subject to the Export Administration Regulations when destined to military end-users in certain countries, along with other restrictions (see 2407250032) -- were widely panned in public comments submitted to BIS and published this month. Multiple companies said the restrictions, if finalized, would place unparalleled due diligence ...

Sep 13, 2024 · The changes, effective Sept. 16, are “important steps in institutionalizing” the host of enforcement updates spearheaded by Matthew Axelrod, the BIS assistant secretary for export enforcement, since 2022, he said in a news release.. “The stakes of ensuring that we have the proper tools to deter export violations and -- when that deterrence fails -- to hold violators accountable could not ...

Jan 9, 2025 · The proposal, which is accepting public comments through March 14, is part of a broader, yearslong process by CBP to also require electronic submissions for exports traveling by ocean, air and truck (see 2406250070).The agency has been operating EEM pilot programs for rail (see 2405100036), ocean (see 2405300010) and air (see 2406030060) for years, but EEM for truck cargo is further behind ...