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Reporting Requirements Bureau of Industry and Security (BIS) Boycotts

Locke Lord LLP

Key Takeaways for Antiboycott Compliance Programs Following BIS Penalizing Company for Antiboycott Violations

Locke Lord LLP on

On September 30, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) imposed a civil penalty of $151,875 against a U.S.-based technology company to resolve 45 alleged violations of the antiboycott...more

Sheppard Mullin Richter & Hampton LLP

Commerce Updates Boycott Requester List

On June 27, 2024, the U.S. Department of Commerce, Bureau of Industry & Security (BIS) announced its first update to the boycott requester list. The list contains entities that have been reported by a U.S. person as having...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2022 - Antiboycott Compliance for U.S. Companies

It’s 7:00pm on a Friday, and it’s also the last day of your company’s fiscal quarter. You’re the shipping department manager responsible for loading several crates of widgets onto a truck that will take them to JFK Int’l...more

Miller Canfield

Abraham Accords Alter the Impact of U.S. Antiboycott Laws on Companies Doing Business in the UAE

Miller Canfield on

In September 2020, the United Arab Emirates, Israel and the U.S. signed the Abraham Accords, establishing diplomatic and commercial relations between the UAE and Israel. In August 2020, the UAE issued Federal Decree-Law No. 4...more

BCLP

Antiboycott Updates and Compliance Recommendations

BCLP on

On June 7, 2021, US Department of Commerce, Bureau of Industry and Security (“BIS”) amended its Antiboycott provisions in Part 760 of the Export Administration Regulations (“EAR”) easing reporting requirements and business...more

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