Expect BIS to Prioritize Egregious Violators of New 50% Rule, Lawyers and Advisers Say, Export Compliance Daily

Partner Michael Huneke spoke with Export Compliance Daily about the US Bureau of Industry and Security’s (BIS) new 50% export control rule and how the agency will prioritize enforcement efforts.

Mike told the publication that he wouldn’t assume BIS is observing an enforcement grace period, but that companies will have a better chance of avoiding scrutiny if they show they took steps to comply.

“I think if you could show a good faith effort to get your arms around this and respond, in some reasonable amount of time, or at least explain why it took the amount of time it did for you to respond, I think that’s something they would take into consideration,” Mike said.

Read the full Export Compliance Daily article >>
Subscription may be required.