Industry and Security Bureau October 18, 2006 – Federal Register Recent Federal Regulation Documents

BIS is withdrawing a proposed rule published October 2004. That rule would have revised the definition of ``knowledge'' in the Export Administration Regulations. It also would have updated the ``red flags'' guidance and would have provided a safe harbor from liability arising from knowledge under the definition of that term. In light of the public comments received on the proposed rule and BIS's review of relevant provisions of the existing regulations, this proposed rule is being withdrawn.