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U.S. BIS updates “unverified list”

Parties listed on the unverified list are ineligible to receive items subject to the EAR by means of a license exception.

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October 15, 2024

The Bureau of Industry and Security (BIS) of the U.S. Commerce Department today released a final rule amending the Export Administration Regulations (EAR) by revising the unverified list (UVL) as follows:

  • Adding eight persons, under the destinations of China (3), Germany (2), Pakistan (1), and Türkiye (2)
  • Removing two persons, under the destinations of Saudi Arabia (1) and China (1)

Background

According to the BIS website, parties listed on the UVL are ineligible to receive items subject to the EAR by means of a license exception. In addition, exporters must file an Automated Export System record for all exports to parties listed on the UVL and obtain a statement from such parties prior to exporting, reexporting, or transferring to such parties any item subject to the EAR that is not subject to a license requirement. 

For more information, contact a professional with KPMG Trade & Customs services:

Doug Zuvich
Partner and Global Practice Leader
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
E: asiciliano@kpmg.com

Steve Brotherton
Principal and Global Export and Sanctions Leader
E: sbrotherton@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
E: labad@kpmg.com

Irina Vaysfeld
Principal
E: ivaysfeld@kpmg.com

Amie Ahanchian
Principal
E: aahanchian@kpmg.com

Christopher Young
Principal
E: christopheryoung@kpmg.com

Gisele Belotto
Principal
E: gbelotto@kpmg.com

George Zaharatos
Principal
E: gzaharatos@kpmg.com

Andy Doornaert
Managing Director
E: adoornaert@kpmg.com

Jessica Libby
Principal
E: jlibby@kpmg.com
Jenna Leigh Glass
Managing Director
E: jennaleighglass@kpmg.com

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