- BIS Final Rule on Voluntary Self|Disclosure Process and Penalty ...🔍
- Names Raj Parekh as First|Ever Chief of Corporate Enforcement🔍
- Federal Register/Vol. 89🔍
- BIS Issues Key Updates to the Voluntary Self|Disclosure Process ...🔍
- BIS Reforms Voluntary Self|Disclosure Policies and Penalty ...🔍
- BIS Amends Voluntary|Disclosure Regulations🔍
- BIS Powers Up Its Voluntary Self|Disclosure Process and Penalty ...🔍
- BIS Enhances Its Enforcement Discretion🔍
BIS Final Rule on Voluntary Self|Disclosure Process and Penalty ...
BIS Final Rule on Voluntary Self-Disclosure Process and Penalty ...
BIS updated its process for handling voluntary self-disclosures from industry and expanded its discretion to impose higher monetary penalties for violations of ...
Names Raj Parekh as First-Ever Chief of Corporate Enforcement
This rule provides BIS with increased flexibility to determine fair and appropriate penalty amounts while also making it less burdensome for companies to ...
Federal Register/Vol. 89, No. 179/Monday, September 16, 2024 ...
This final rule revises provisions related to the voluntary self-disclosure process for exporters who believe that they may have violated ...
BIS Issues Key Updates to the Voluntary Self-Disclosure Process ...
On September 12, 2024, the U.S. Department of Commerce's Bureau of Industry and Security (“BIS”) issued a final rule that requires ...
BIS Reforms Voluntary Self-Disclosure Policies and Penalty ...
The rule change removes the provision for violators to assign a portion of their monetary fine towards the cost of enhancing their compliance ...
BIS Amends Voluntary-Disclosure Regulations, Removing Penalty ...
Specifically, the US Department of Commerce's Bureau of Industry and Security (“BIS”) issued a final rule (the “Rule”) on September 16, 2024, ...
BIS Powers Up Its Voluntary Self-Disclosure Process and Penalty ...
On September 12, 2024, the Department of Commerce's Bureau of Industry and Security (BIS) announced a final rule, effective on September 16, ...
BIS Enhances Its Enforcement Discretion: Final Rule Revamps ...
The revisions to the voluntary self-disclosure (VSD) process modify the regulations about conduct that constitutes a violation of the EAR and the possible ...
BIS Enhances Its Enforcement Discretion: Revamps Voluntary Self ...
Commerce's Bureau of Industry and Security published a final rule revising the voluntary self-disclosure provisions and penalty guidelines ...
BIS Enhances Its Voluntary Self-Disclosure Process a... - Dechert LLP
The Rule also allows for non-monetary resolutions; BIS has clarified that OEE prefers to impose non-monetary penalties to resolve non-egregious ...
Voluntary Self-Disclosure - Bureau of Industry and Security
VSDs serve as a strong indication of a party's commitment to complying with U.S. export control requirements. Additionally, they can provide BIS with valuable ...
US Commerce Department Continues Revising Export Controls ...
Revisions to Voluntary Self-Disclosure Policies and Penalty Guidelines ; Voluntary Self-Disclosure? No. Yes ; Yes. One-Half of the Transaction ...
BIS Promulgates Enforcement and Voluntary Self-Disclosure ...
On September 16, 2024, the US Department of Commerce's Bureau of Industry and Security (BIS) promulgated a Final Rule to amend immediately ...
Incentives, Penalties, and Enforcers: BIS's Final Rule Signals Focus ...
Under the Final Rule, OEE will consider “a deliberate decision not to disclose . . . a significant apparent violation” as an aggravating factor ...
BIS Final Rule on Voluntary Self-Disclosure Process and Penalty ...
The Department of Commerce's Bureau of Industry and Security (BIS) updated its process for handling voluntary self-disclosures from industry and expanded its ...
Voluntary Self Disclosure Process Changed by BIS - CVG Strategy
The Bureau of Industry and Security (BIS) has amended the Voluntary Self Disclosure (VSD) process in the Export Administration Regulations (EAR).
BIS Amends Voluntary Self-Disclosure Process and Penalty ...
The final rule specifically provides clarified guidance on charging and penalty determinations in settlement of administrative enforcement cases.
BIS Issues Final Rule on VSD Policies and Penalty Guidelines
Addition of non-disclosure as an aggravating factor – the new rule makes clear that BIS will consider a deliberate decision to not disclose a ...
§ 764.5 Voluntary self-disclosure. | Bureau of Industry and Security
1 to part 766, voluntary self-disclosure is a mitigating factor, and a firm's deliberate decision not to disclose significant apparent violations is an ...
Incentives, Penalties, and Enforcers: BIS's Final Rule Signals Focus ...
BIS also expanded the types (and timeframes) of prior corporate criminal enforcements OEE will consider. Under the Final Rule, OEE may consider ...