Parrlab Technical Solutions Added to BIS Unverified List
Today the Bureau of Industry and Security (BIS) published a notice in the Federal Register adding Parrlab Technical Solutions, Ltd., located at 1204, 12F Shanghai Industrial Building, 48-62 Hennesey Road in Wan Chai, Hong Kong Special Administrative Region, to the Unverified List. A "red flag" now exists for transactions involving Parrlab Technical Solutions, Ltd. due to its inclusion on the Unverified List. As a result, exporters have an affirmative duty to inquire, verify, or otherwise substantiate the proposed transaction to satisfy themselves that the transaction does not involve a proliferation activity prohibited in 15 CFR part 744, and does not violate other provisions of the EAR.