Entity List
Summary
The U.S. Bureau of Industry and Security (BIS) maintains a list of foreign companies and individuals that American businesses cannot sell certain products to, including advanced technology and equipment. This list is used to protect national security by preventing dangerous materials and technology from reaching countries or groups that could pose a threat to the United States.
Key Points
- 1The Entity List identifies specific foreign companies, organizations, and individuals that are restricted from buying U.S. technology, software, and equipment
- 2American businesses must check this list before selling products abroad to make sure they're not trading with restricted entities
- 3The list is regularly updated and maintained by the Commerce Department's Bureau of Industry and Security
- 4Violations can result in serious penalties for U.S. companies, including fines and loss of export privileges
- 5The restrictions typically target entities in countries with hostile relations to the U.S. or involved in activities like weapons development or terrorism
Impact Assessment
If you are a Technology Company or Manufacturer, this means you cannot sell certain advanced products to entities on the BIS Entity List and must implement compliance screening procedures to verify customers before exporting.
International
Significant
Key Dates
January 6, 2025
Regulatory Connections
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.