china
24 June 2021
BIS ‘rescinds identification of TikTok/WeChat prohibited transactions’
In a notice in the Federal Register published 23 June, the US Bureau of Industry and Security (‘BIS’) announced that ‘pursuant to Executive Order 14034 of June 9, 2021….the Secretary of Commerce has rescinded two actions issued under now-revoked Executive Orders: The September 18, 2020 Identification of Prohibited Transactions related to TikTok, published on September 24, 2020, and the September 18, 2020 Identification of Prohibited Transactions related to WeChat filed for public inspection on September 18, 2020 and withdrawn before publication.’
The notice explains the background and history of the earlier executive orders and adds:
‘On June 9, 2021, Executive Order 14034 (Protecting Americans’ Sensitive Data from Foreign Adversaries) revoked Executive Orders 13942 and 3943 and required executive departments and agencies to promptly take steps to rescind any orders, rules, regulations, guidelines, or policies, or portions thereof, implementing or enforcing those Executive Orders (86 FR 31423). Accordingly, the Secretary of Commerce has rescinded the Identification of Prohibited Transactions with respect to TikTok and the Identification of Prohibited Transactions with respect to WeChat.’
https://www.govinfo.gov/content/pkg/FR-2021-06-23/pdf/2021-13156.pdf
