In October, the Bureau of Industry and Security (BIS) strengthened its antiboycott enforcement strategy. Last week, BIS made two additional enhancements to its enforcement strategy:
- New Boycott Request Reporting Form. U.S. persons who receive boycott requests will now be required to identify the requesting party in addition to the country from which the request originated. The goal is to allow the Office of Antiboycott Compliance to more easily investigate and hold accountable the individuals and entities making boycott requests.
- New Antiboycott Policy Statement on SAM.gov. To remind U.S. contractors of their obligations under the antiboycott regulations, BIS and the Office of Acquisition Management have developed and released an antiboycott regulations notice on the System for Award Management (SAM) website. SAM.gov enables companies to conduct business with the U.S. government.
While discussing these enhancements, Assistant Secretary for Export Enforcement Matthew S. Axelrod noted that “[c]ompliance with the antiboycott regulations is not optional. All U.S. companies—whether federal contractors or not—should familiarize themselves with the antiboycott regulations and reporting requirements.”