BIS Issues Additional Enhancements to Voluntary Self-Disclosure Process

Takeaways On January 16, 2024, the Bureau of Industry and Security Office of Export Enforcement announced several updates to its VSD process aimed at enhancing the program’s overall efficiency and effectiveness. These enhancements create a more streamlined disclosure process for minor violations, including through abbreviated narratives, quarterly bundled disclosures, and limiting the requirement to include … Continue reading BIS Issues Additional Enhancements to Voluntary Self-Disclosure Process