Commerce Department, Industry and Security Bureau
On June 14, 2002, the Bureau of Industry and Security ("BIS") published a notice in the Federal Register establishing a list of persons in foreign countries who were parties to past export transactions where pre-license checks or post-shipment verifications could not be conducted for reasons outside the control of the U.S. Government ("Unverified List"). See 67 FR 40910. That notice also advised exporters that the involvement of a listed person as a party to a proposed transaction constitutes a "red flag" as described in the guidance set forth in Supplement No. 3 to 15 CFR part 732. Under that guidance, the "red flag" requires heightened scrutiny by the exporter (and others involved in the transaction) before proceeding with a transaction in which a listed person is a party. Since that time, BIS has issued subsequent notices that added persons to and removed them from the Unverified List, as circumstances warranted. This notice advises exporters that the Unverified List will now also include persons in foreign countries in situations where BIS is not able to verify the existence or authenticity of the end user, intermediate consignee, ultimate consignee, or other party to an export transaction. This notice also adds five persons to the Unverified List and advises exporters that the involvement of these persons as a party to a proposed transaction constitutes a "red flag."
Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Department of Commerce Bureau of Industry and Security [Docket No. 040706200-4200-01] AGENCY: Bureau of Industry and Security, Commerce. ACTION: Notice. SUMMARY: On June 14, 2002, the Bureau of Industry and Security (“BIS”) published a notice in the Federal Register establishing a list of persons in foreign countries who were parties to past export transactions where pre-license checks or post-shipment verifications could not be conducted for reasons outside the control of the U.S. Government (“Unverified List”). See 67 FR 40910 . That notice also advised exporters that the involvement of a listed person as a party to a proposed transaction constitutes a “red flag” as described in the guidance set forth in Supplement No. 3 to 15 CFR part 732 . Under that guidance, the “red flag” requires heightened scrutiny by the exporter (and others involved in the transaction) before proceeding with a transaction in which a listed person is a party. Since that time, BIS has issued subsequent notices that added persons to and removed them from the Unverified List, as circumstances warranted. This notice advises exporters that the Unverified List will now also include persons in foreign countries in situations where BIS is not able to verify the existence or authenticity of the end user, intermediate consignee, ultimate consignee, or other party to an export transaction. This notice also adds five persons to the Unverified List and advises expo…
Citation: 69 FR 42652
