US BIS issues an interim final rule extending export restrictions to entities 50%+ owned by listed or military-affiliated parties, with a 60-day temporary license – comments by 29 Oct 

This change aims to close loopholes where affiliates of listed entities could previously circumvent restrictions. The rule also introduces a Temporary General License (TGL) permitting certain transactions involving non-listed foreign affiliates of listed entities, with the TGL set to expire 60 days after the rule’s filing date. Comments on the rule are invited and must be submitted within 30 days from the filing date…