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BIS Sends Chip Export Control Corrections Rule for Interagency Review

The Bureau of Industry and Security sent a final rule for interagency review that will make tweaks, clarifications and corrections to its recent chip export control updates, which were released last month and placed new license requirements on additional chips…

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and chipmaking tools, among other changes (see 2310170055). BIS sent the correction rule to the Office of Information and Regulatory Affairs Nov. 27. BIS officials have said the agency is looking to clarify several issues with the rule that exporters have raised over the past month and correct other provisions that “may not have fully hit the mark we intended” (see 2311060067 and 2311160044).