Affiliates Rule Marks Fundamental Shift

Panel Highlights Compliance Burdens, Strict Liability, Need for Immediate Action

The Bureau of Industry and Security’s (BIS) September 29 rule fundamentally restructures U.S. export compliance by shifting from name-based screening to ownership-based evaluation across three major restricted party lists: the Entity List, the Military End User (MEU) List, and the Specially Designated Nationals (SDN) List.

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