What are Export Controls?
Export controls are a body of federal regulations that regulate:
- Disclosure, shipment, use, transfer, or transmission of any item, commodity, material, technical information, technology, software, or encrypted software for the benefit of a foreign person or foreign entity anywhere (including the transfer of controlled information within the U.S. “deemed export”);
- Transactions and the provision of services involving prohibited countries, persons or entities based on trade sanctions, embargoes, and travel restrictions; and
- Certain transactions with persons or entities designated on a federal restricted parties lists.
What is a Restricted Party?A restricted party (or denied party as they are sometimes referred to) is an entity or individual that is placed on a denial list by the U.S. government or any other country’s government. An export license from one, or more, of the federal agencies, may be required if you plan on conducting any business or research with a restricted party,
Who Can be a Restricted Party?
Anyone! Restricted parties are not limited to foreign persons and can include U.S. persons. Restricted parties are subject to change and are updated routinely. Restricted party designation is not based upon nationality but instead is based upon previous behavior or action.
BIS Denied Persons List
Specially Designated Terrorists and Specially Designated Nationals and Blocked Persons
The Directorate of Defense Trade Controls (DDTC & ITAR)