Bureau of Industry and Security Modifies Entity List Designation
Thursday, May 25, 2017

Effective 18 April 2017, the US Commerce Department, Bureau of Industry and Security (BIS) has revised the Entity List entry for Russia’s Federal Security Service (Federalnaya Sluzhba Bezopasnosti or FSB) to conform to the OFAC general license adopted on 2 February 2017, General License No. 1. That general license authorises transactions otherwise prohibited under Executive Orders that are ordinarily incident to requesting, receiving, utilising, paying for or dealing in licenses, permits, certifications or notifications issued or registered by the FSB for the importation, distribution or use of information technology products in the Russian Federation. Conditions for use of the general license include that any exportation, re-exportation or provision of any goods or technology that are subject to the Export Administration Regulations (EAR) be licensed by BIS or otherwise authorised under the EAR. BIS has thus adopted conforming changes to FSB’s Entity List entry to modify the licensing requirements to specify that they do not apply to items subject to the EAR that are related to transactions authorised by OFAC pursuant to General License No. 1.

 

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