Regulatory intelligence for US exporters

BIS Issues Correction to Rule That Codified VSD Policies

The Bureau of Industry and Security issued a minor correction this week to a September final rule that codified a range of recent updates to its administrative enforcement policies, including how the agency resolves voluntary self-disclosures and how it assesses…

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penalty amounts (see 2409120017). BIS said that rule “contained an error in an amendatory instruction” that incorrectly revised wording in the wrong paragraph. “This document corrects that error,” BIS said. The changes take effect Oct. 17.