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ZTE Corporation Sanctioned Again—Prohibitions on Transactions Involving U.S.-Origin Items Effective Immediately

On April 15, 2018, Zhongxing Telecommunications Equipment Corporation (ZTE Corporation) and ZTE Kangxun Telecommunications Ltd. (ZTE Kangxun) (collectively "ZTE") were added to the U.S. Department of Commerce's Bureau of...more

Forms Issued for U.S. Mandatory Foreign Direct Investment Reporting

On March 5, 2018, the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) issued its mandatory five-year benchmark survey to obtain data on foreign direct investment (FDI) in the United States. The survey, known...more

Mandatory Reporting for U.S. Entities in 2018 Regarding Foreign Direct Investment

In early 2018, the U.S. Department of Commerce's Bureau of Economic Analysis (BEA) will issue its mandatory five-year benchmark survey to obtain data on foreign direct investment (FDI) in the United States. The survey, known...more

Washington Seeks New Regulation of Technology Investments: What You Need to Know Now About the Proposed CFIUS Legislation

On November 8, 2017, a bipartisan coalition in Congress introduced the Foreign Investment Risk Review Modernization Act (FIRRMA), which would greatly expand the reach and consequence of the Committee on Foreign Investment in...more

Latest CFIUS Annual Report Shows Start of Withdraw and Refile Trend

The Committee on Foreign Investment in the United States (CFIUS) recently released the unclassified version of its annual report to Congress for transactions notified to CFIUS during calendar year 2015. While the data...more

President Trump Blocks His First CFIUS Transaction

September 13, 2017 On September 13, 2017, the White House announced On September 13, 2017, the White House announced that President Donald Trump issued an executive order blocking Lattice Semiconductor Corp.'s proposed...more

Additional Documentation Requirements Take Effect for Exports and Reexports of U.S. Items to and from Hong Kong

Effective today, the U.S. Department of Commerce Bureau of Industry and Security (BIS) has implemented support documentation requirements for a significant number of commodities, technologies, and software (collectively...more

ZTE Corporation to Be Removed from Entity List as of March 29, 2017

Zhongxing Telecommunications Equipment Corporation (ZTE Corporation) and ZTE Kangxun Telecommunications Ltd. (ZTE Kangxun) (collectively "ZTE" or "the companies") will be removed from the Department of Commerce's Bureau of...more

ZTE Is Assessed $1.19 Billion in Penalties for Criminal and Civil Violations of Export Control and Economic Sanctions Laws and...

On March 7, 2017, the U.S. government announced that China's Zhongxing Telecommunications Equipment Corporation and its affiliate, ZTE Kangxun Telecommunications Ltd. (collectively "ZTE"), have agreed to a global settlement...more

Continuation of ZTE General License Until March 29, 2017

On February 24, 2017, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) published a rule extending for the fourth time the temporary general license for exports, reexports (shipments from one foreign...more

Report on U.S. Semiconductor Industry Raises Implications for PRC Investments in U.S. Companies

In January 2017, the President's Council of Advisors on Science and Technology (PCAST) issued a report to then President Barack Obama titled "Ensuring Long-Term U.S. Leadership in Semiconductors."1 The report assesses the...more

Significant Sanctions and Export Control Amendments Regarding Hong Kong and Sudan Are Announced in Final Days of Obama...

In the past week, there has been an easing of sanctions against Sudan, and requirements have been added to the export control regulations regarding exports and reexports of certain commodities, technology, and software to...more

Continuation of ZTE General License Until February 27, 2017

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) is again extending the general license for exports, reexports (shipments from one foreign country to another foreign country), and in-country transfers...more

DOJ Publishes Guidance Concerning Voluntary Disclosure of Willful Export Controls and Sanctions Violations

The National Security Division (NSD) of the U.S. Department of Justice (DOJ) recently issued guidance documenting its policy regarding the voluntary self-disclosure (VSD) of potentially criminal violations of the export...more

U.S. Further Eases Embargo on Cuba

To further implement President Obama's December 2014 policy to support independent economic activity and improve communications and living conditions in Cuba, the U.S. Department of Commerce's Bureau of Industry and Security...more

BIS Modifies Rules Governing the Export of Information Security Items Under the Export Administration Regulations; Updates to Cuba...

On September 20, 2016, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EARs) to incorporate the December 2015 changes to the Wassenaar Arrangement's List...more

Second Continuation of General License for Exports, Reexports, and Transfers to ZTE

For the second time, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) is extending the general license for exports, reexports (shipments from one foreign country to another foreign country), and...more

Continuation of General License for Exports, Reexports, and Transfers to ZTE

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) is extending until August 30, 2016, the general license for exports, reexports (shipments from one foreign country to another foreign country), and...more

Department of Commerce to Ease License Requirement for Exports, Reexports, and Transfers to ZTE as of March 24, 2016

The U.S. Department of Commerce Bureau of Industry and Security (BIS) has announced that it intends to issue a general license for exports, reexports (shipments from one foreign country to another foreign country), and...more

License Required for All Exports, Reexports, and Transfers to ZTE Corporation as of March 8, 2016

As of March 8, 2016, Zhongxing Telecommunications Equipment Corporation (ZTE Corporation) will be added to the Entity List published by the U.S. Department of Commerce. This means that no company may export, reexport, or...more

Iran Not Open for U.S. Business: U.S. Trade Embargo Remains in Place; Nuclear Sanctions Lifted

Despite the sweeping headlines announcing the lifting of sanctions against Iran, Iran is still generally not open for business for U.S. persons and U.S. businesses. U.S. sanctions relating to terrorism and human rights abuses...more

Proposed Rule to Subject Certain Cybersecurity Items to Greater Export Restrictions

The U.S. Department of Commerce Bureau of Industry and Security (BIS) recently published a proposed rule enhancing controls on certain cybersecurity items under the Export Administration Regulations (EAR). Specifically, the...more

Restrictions Eased for Communications-Related Items Exported to Sudan

On February 18, 2015, in a coordinated action, the Commerce Department's Bureau of Industry and Security (BIS) and Treasury Department's Office of Foreign Assets Control (OFAC) announced and implemented changes to the...more

Reporting Requirements for U.S. Companies Regarding Direct Investment

Foreign investments into the United States and U.S. direct investment abroad can trigger certain mandatory regulatory reporting for U.S. businesses. The U.S. Department of Commerce's Bureau of Economic Analysis (BEA) issues...more

U.S. Relaxes the Half-Century-Old Embargo on Cuba

As promised by President Obama in December 2014, the Commerce Department's Bureau of Industry and Security (BIS) and the Treasury Department's Office of Foreign Assets Control (OFAC) today issued regulations that lessen the...more

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