OIRA Completes Review of BIS Rules on Hong Kong License Exceptions, Wassenaar Controls

The Office of Information and Regulatory Affairs concluded interagency reviews of two final rules from the Bureau of Industry and Security. On July 16, OIRA completed review of a rule to suspend license exceptions for Hong Kong. BIS announced the license suspensions last month along with a guidance and savings clause (see 2006300050). OIRA received the rule July 10. On July 17, OIRA completed review of a rule to implement export control changes agreed to during the 2018 Wassenaar Arrangement. The rule will also make revisions related to national security controls. OIRA received the rule May 20.