New BIS Guidance Recommends That Financial Institutions Implement Export Control Due Diligence

Authors :: Johnson, Bell
Source :: Mondaq Business Briefing. October 25, 2024
Publication Year :: 2024
Abstract: On October 9, 2024, the U.S. Commerce Department, Bureau of Industry and Security (BIS) issued new guidance to financial institutions on how to comply with and minimize the risk of [...]

Subjects :: United States. Bureau of Industry and Security -- Powers and duties
Export controls -- Laws, regulations and rules
Regulatory compliance -- Management
Financial institutions -- Laws, regulations and rules
Due diligence -- Management
Government regulation
Company business management
Government export policy and export regulation
Business, international

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