In today’s Federal Register The Department of Commerce Bureau of Industry and Security published the addition of fifty entities to the Unverified list. In addition, ten companies were removed from the UVL based on new information received from BIS. Clients should take note that entities listed on the UVL are not barred from receiving U.S. exports. However, BIS has flagged these entities for potential unauthorized diversion due to the inability of BIS officials to confirm the bona fides of such entities. In the event you are considering an export, re-export or in-country transfer with/to a UVL listed entity, you may NOT use any license exceptions and you must obtain a special UVL statement in writing from the entity prior to shipment. Additional “red flag” due diligence is also required. For specific guidance on doing business with a UVL listed entity please contact TSI Global Consulting LLC.
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