- 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
Commentary and analysis by Reed Smith lawyers on the latest developments in trade, sanctions and export controls
On October 6, 2022, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) made four enhancements to its anti-boycott enforcement.
Continue Reading U.S. anti-boycott laws: companies’ foreign subsidiaries face enforcement clampdown
Assistant Secretary for Export Enforcement, Matthew S. Axelrod, has previewed some of the ways the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) will change its approach to enforcing export control and antiboycott laws. BIS’s proposed changes in policy seek to further increase transparency, strengthen compliance, and incentivize deterrence.
BIS’s approach echoes similar…