BIS - Final rule establishing 180-day deadline for voluntary self-disclosures of EAR violations 

August 9:  A final rule from the U.S. Commerce Department’s Bureau of Industry and Security (BIS) and published in today’s edition of the Federal Register implements a 180-day deadline for completion of voluntary self-disclosures of violations of the Export Administration Regulations (EAR).

The BIS final rule [PDF 238 KB] requires persons making an initial notification of a voluntarily self-disclosed violation to complete the comprehensive narrative account within 180 days of the BIS’s receipt of the initial notification.

An extension of this deadline may be authorized if a determination is made that U.S. government interests would be served by an extension or upon a showing by the party making the disclosure that more time is reasonably necessary to complete the narrative account.

The final rule permits BIS to use a commercial courier or delivery service to notify respondents of the issuance of a charging letter.

The final rule is effective September 9, 2013.

Read TaxNewsFlash-Trade & Customs (November 6, 2012) that describes the proposed rule change (i.e., the rule finalized today) to the voluntary self-disclosure process.

For more information, contact a professional with KPMG’s Trade & Customs practice:

Douglas Zuvich

(312) 665-1022

Andrew Siciliano

(631) 425-6057

John L. McLoughlin

(267) 256-2614

Todd R. Smith

(949) 885-5617

Luis A. Abad

(212) 954-3094

Amie Ahanchian

(202) 533-3247

Or your local KPMG Trade & Customs professional.

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