BIS Announces Changes to Administrative Enforcement Program
By NNR USA In USA Trade Alerts On 7th July 2022
The Bureau of Industry and Security announced significant policy changes to further strengthen its administrative enforcement program released on June 30.
The following four policy changes will take effect immediately:
- Imposition of Significantly Higher Penalties
- Using Non-Monetary Resolutions for Less Serious Violations
- Elimination of “No Admit, No Deny” Settlements
- Dual Track Processing of Voluntary Self-Disclosure