BIS takes reins of ICT supply chain regulations

The Commerce Department on Thursday redesignated jurisdiction over regulations implementing an executive order on the information and communications technologies supply chain away from the Office of the Secretary to the Bureau of Industry and Security. A May 2019 executive order required Commerce to review ICTS transactions involving foreign adversaries, such as China. Regulations implementing the order were initially the responsibility of the Commerce secretary’s office until Congress created the Office of Information and Communications Technology and Services within BIS via...