Common Misunderstandings About Unverified List (UVL) – Practical Tips for Business Continuity and Removal From the List

February 2022
On February 7, 2022, the US Department of Commerce added 33 Chinese companies to its Unverified List (UVL). Because the US government uses a variety of list-based sanctions, it is important to understand the restrictions associated with a specific designation, such as the UVL. Unfortunately, business partners often misunderstand the impact of a UVL designation and unnecessarily sever relationships or cancel orders based on the listing.