The Bureau of Industry and Security (BIS) is amending the Export Administration Regulations to update the Unverified List (UVL). This final rule adds 18 new entities from countries such as China, Finland, Türkiye, Kazakhstan, Italy, and the United Kingdom to the list, indicating they have not fulfilled checks verifying their reliability in handling exports. Five entities have been removed from the UVL because they have demonstrated their compliance, with changes effective April 25, 2025. The UVL is used to regulate entities involved in transactions where end-use checks couldn't be completed, potentially affecting future export permissions.
Simple Explanation
The government made a new rule that says some people and companies from different countries can't be trusted to do business properly, so they got added to a special list. But a few others showed they can be trusted, so they were taken off this list.