Regulation

Heavy Lift: The Affiliate Rule consequences and repercussions

The Bureau of Industry and Security’s long-anticipated “50%” or “Affiliates” Rule is expected to mostly impact the tech and defense sectors, and companies with a China customer base. ECM canvased the thoughts of U.S. and non-U.S. compliance experts as to who and how the rule might hit hardest. (“Welcome to the Hunger Games!” was the initial impromptu comment of one.)
Any surprises in the interim rule?
Lila Landis, Global Head of Compliance, JAS Worldwide: I believe this is the first time an expo...

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