Tag: U.S. Department of Commerce
How the BIS and OFAC 50% Rules shape compliance
The Bureau of Industry and Security (BIS) and the Office of Foreign Assets Control (OFAC) both apply a 50% ownership threshold to determine regulatory...
AI transforms sanctions screening under BIS 50% rule
The Bureau of Industry and Security (BIS) within the U.S. Department of Commerce has taken a major step towards tightening export control enforcement with...
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