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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts
02-29680 Removal of Person From the Unverified List-Guidance as to “Red Flags” Under Supplement No. 3 to 15 CFR Part 732 Notice On June 14, 2002, the Bureau of Industry and Security ("BIS") published a notice in the Federal Register that set forth a list of persons in foreign countries who were parties to past export transactions where pre-license checks ("PLC") or post-shipment verifications ("PSV") could not be conducted for reasons outside the control of the U.S. Government ("Unverified List"). The notice also advised exporters that the involvement of a listed person as a party to a proposed transaction constitutes a "red flag" as described in the guidance set forth in supplement no. 3 to 15 CFR part 732, requiring heightened scrutiny by the exporter before proceeding with such a transaction. The notice also stated that, when warranted, BIS would remove persons from the Unverified List. Recently, a PSV was completed at the facilities of S.B. Submarine Systems Co., Ltd., 1591 Hongqiao Rd., Bldg 15, People's Republic of China, ("S.B. Submarine"). Accordingly, by this notice, S.B. Submarine is removed from the Unverified List. 2002-11-21 2002 11 https://www.federalregister.gov/documents/2002/11/21/02-29680/removal-of-person-from-the-unverified-list-guidance-as-to-red-flags-under-supplement-no-3-to-15-cfr https://www.govinfo.gov/content/pkg/FR-2002-11-21/pdf/02-29680.pdf Commerce Department; Industry and Security Bureau 54,241 On June 14, 2002, the Bureau of Industry and Security ("BIS") published a notice in the Federal Register that set forth a list of persons in foreign countries who were parties to past export transactions where pre-license checks ("PLC") or...

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