Ian Cohen

1 week ago | exportcompliancedaily.com | Ian Cohen

They also called on the administration to avoid any lapse in the restrictions if it decides to rework the rule before it takes effect later this month. “Even short pauses in controls could open the floodgates for chip stockpiling and smuggling, with long-term implications for U.S. AI leadership,” said CNAS researchers Janet Egan and Spencer Michaels in public comments to BIS released last week. “Moreover, any policy is also only as good as its implementation.

2 weeks ago | exportcompliancedaily.com | Ian Cohen

Kevin Klein, senior vice president of government affairs at the Global Business Alliance, said GBA has so far been “encouraged” that the administration “has at least recognized the value of foreign direct investment.” Klein noted that President Donald Trump has said he wants to boost investment in America, and a February White House memo said the U.S. is “committed to maintaining the strong, open investment environment that benefits our economy and our people” (see 2502240051).

2 weeks ago | exportcompliancedaily.com | Ian Cohen

The decision not to prosecute is just the second time DOJ has offered a declination to a company under the agency’s updated voluntary self-disclosure program. DOJ last year declined to prosecute a Massachusetts biochemical firm that was part of an illegal export scheme involving China (see 2405220037 and 2406040069). Sue Bai, chief of the National Security Division, said the contractor’s employee was “brought to justice because his employer caught him and immediately turned him in.

2 weeks ago | exportcompliancedaily.com | Ian Cohen

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations. Rockas' departure isn't expected to affect current BIS policy direction, the people said, adding that his influence within the agency was minimal after Undersecretary Jeffrey Kessler began in his role in March (see 2503200011).

2 weeks ago | exportcompliancedaily.com | Ian Cohen

Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.