BIS Sends EAR Interim Final Rule to OMB

Yesterday, the OMB’s Office of Information and Regulatory Affairs (OIRA) announced that it had received an interim final rule (IFR) from DOC’s Bureau of Industry and Security (BIS) on: “Changes to the EAR” (Export Administration Regulations). This rulemaking was not published in the Fall 2023 Unified Agenda. This means that we will have to wait for the IFR to be published in the Federal Register, or see it in the Spring 2024 UA, whichever comes first, to see what these changes are all about. I suspect that they deal with sanctions, but upon whom or what for remains to be seen.