BISFinal Rule

Unverified List: Additions and Removals

TechnologyFinance & Banking

Summary

The Commerce Department's Bureau of Industry and Security is updating a list of individuals and entities that have not been verified or approved for certain international trade activities. This rule allows the government to add new names to the list or remove existing ones to keep export controls current and enforce national security restrictions.

Key Points

  • 1The Bureau of Industry and Security (BIS) maintains an official list of people and companies that cannot engage in certain imports and exports without special permission
  • 2This rule creates a process for adding new names to the unverified list when companies or individuals fail to cooperate with verification requirements
  • 3Names can also be removed from the list if the person or company meets all verification requirements and demonstrates they can be trusted
  • 4The changes affect importers, exporters, and international traders who deal with sensitive goods and technologies
  • 5Companies and individuals on this list may face delays in shipping products or need additional government approvals before conducting business

Key Dates

Published

April 25, 2025

This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.

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