On April 3, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published an updated list of foreign companies that have made boycott-related requests, including requests to comply with the Arab League boycott of Israel. In addition to removing 18 entities who have certified that they have ceased making such prohibited requests, BIS added 30 parties to its list (outlined below). Majority of the newly listed entities are domiciled in Malaysia, which aligns with the country’s foreign policy position that it refuses diplomatic and economic relations with Israel. While companies generally want to comply with the laws of every jurisdiction in which they operate, it is important to understand the risks of non-compliance with OAC rules.
As recommended by BIS, U.S. companies are encouraged to diligently review transaction documents from all sources, especially those involving these listed parties, to identify possible boycott-related language and to determine whether their recipients have a reporting requirement to BIS.
If you are unsure whether the language of your contracts must be reported to the OAC or concerned about doing business in jurisdictions where listed entities have been identified, contact Diaz Trade Law today at info@diaztradelaw.com or 305-456-3830.
Want more information on OAC compliance? Read more here.
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