BIS DENIED PERSON LIST

The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce is responsible for the regulation of exports for national security, foreign policy, and nonproliferation reasons, as well as the enforcement of those regulations. The BIS Denied Persons List (formerly known as the Denial Orders List or the DOL List) lists individuals who have been denied export privileges in whole or in part. BIS Denied Person list is a key list to be scanned against in order to comply with the USA PATRIOT Act.

Related Terms

WEB SERVICES

Web service is part of a SOAP architecture and is defined as “a software system designed to support interoperable machine-to-machine communication”.  

SDN LIST

The Specially Designated Nationals (SDN) List is a publication of OFAC which lists individuals and organizations with whom United States citizens and permanent residents are prohibited from doing business. A

SAFE HARBOR

Under SEC rules, safe-harbor provisions protect management from liability for making financial projections and forecasts made in good faith.