Regulatory Report: Fluid Handling Exports. ​‘Auxiliary Cryptography’ Rules Eases Transport of Wireless Systems

The article discusses the importance for fluid handling equipment and chemical equipment companies to know which products involving encryption require government review and which do not under new rules issued by the U.S. Department of Commerce’s Bureau of Industry and Security. The penalties for illegal exports in this area are high and can impact export compliance programs. The article covers new encryption rules and possible penalties in detail.