On Tuesday, November 3, 2020, Americans chose the presidency and the makeup of the United States Congress. With the U.S. election now decided, with the exception of the Georgia Senate races, we are delighted to share with you...more
12/29/2020
/ 5G Network ,
Antitrust Provisions ,
Biden Administration ,
CFIUS ,
Coronavirus/COVID-19 ,
Foreign Investment ,
Healthcare Reform ,
Infectious Diseases ,
Infrastructure ,
Presidential Elections ,
Public Transportation ,
Regulatory Reform ,
Tax Reform
Congressional appropriations serve as a potent tool to guide administrative actions in commerce and trade
Before departing in the final days of 2019, Congress passed a bipartisan spending package amounting to US$1.4...more
1/7/2020
/ Appropriation ,
Automotive Industry ,
Bipartisan Budget ,
CFIUS ,
De Minimus Quantity Exemption ,
Duty Free ,
Export Controls ,
Exporters ,
Exports ,
Federal Budget ,
Foreign Investment ,
Foreign Policy ,
Imports ,
Infrastructure ,
Legislative Agendas ,
National Security ,
Requests for Exclusion ,
Section 232 ,
Section 301 ,
Stream of Commerce ,
Tariffs ,
Threshold Requirements ,
Tobacco ,
Tobacco Regulations ,
Trade Agreements ,
Trade Negotiations ,
Transparency ,
Trump Administration ,
U.S. Commerce Department
On 17 September 2019 the U.S. Department of the Treasury announced proposed regulations to "comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA)."
...more
On 20 June 2019 the Office of the United States Trade Representative (USTR) announced the final product exclusion process for List 3 by which U.S. stakeholders can request exclusion of particular Chinese products classified...more
6/25/2019
/ China ,
Cross-Border Transactions ,
Exclusion List ,
Foreign Investment ,
Imports ,
Section 301 ,
Trade Act of 1974 ,
Trade Wars ,
Trump Administration ,
Unfair or Deceptive Trade Practices ,
USTR
The dynamism of the Technology, Media and Telecoms sector is set to continue.
Challengers can reach scale seemingly overnight, forcing market change at a similar speed. Established business models are upended, driving...more
6/21/2019
/ 5G Network ,
Antitrust Provisions ,
Artificial Intelligence ,
Big Data ,
Digital Media ,
Drones ,
eSports ,
Foreign Investment ,
General Data Protection Regulation (GDPR) ,
Hulu ,
Intellectual Property Protection ,
Internet Streaming ,
Netflix ,
Outer Space ,
Satellites ,
Standard Essential Patents ,
Telecommunications ,
Television Programming ,
Trade Policy ,
UK Brexit
The Commerce Department is soliciting public input on identification of certain "emerging technologies" for purposes of new export controls and the recently expanded jurisdiction of the Committee on Foreign Investment in the...more
The Department of the Treasury has released two new interim rules that (i) update existing regulations regarding the Committee on Foreign Investment in the United States (CFIUS) pursuant to the Foreign Investment Risk Review...more
The Foreign Investment Risk Review Modernization Act (FIRRMA), included in the reconciled Conference Report of the FY19 National Defense Authorization Act, substantially expands the jurisdiction of the Committee on Foreign...more
8/6/2018
/ Acquisitions ,
Amended Rules ,
Carve Out Provisions ,
CFIUS ,
Covered Transactions ,
Defense Production Act ,
FIRRMA ,
Foreign Acquisitions ,
Foreign Investment ,
Hedge Funds ,
Investment Funds ,
Mergers ,
National Security ,
National Security Review Proceedings ,
NDAA ,
Private Equity ,
Venture Capital
Congress has moved closer to expanding the jurisdiction and powers of the Committee on Foreign Investment in the United States (CFIUS), the U.S. interagency committee that conducts national security reviews of foreign...more
8/2/2018
/ CFIUS ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Export Controls ,
Financial Regulatory Reform ,
FIRRMA ,
Foreign Acquisitions ,
Foreign Investment ,
Legislative Agendas ,
National Security ,
Passive Activity ,
Pending Legislation ,
Trump Administration
Driven by concerns of China’s acquisition of advanced U.S. technologies, the U.S. Congress is set to enact the most significant reform to the Committee on Foreign Investment in the United States (CFIUS) in over a decade....more
6/29/2018
/ CFIUS ,
China ,
Covered Transactions ,
Emerging Technology Companies ,
FIRRMA ,
Foreign Investment ,
Legislative Agendas ,
National Security ,
Passive Investments ,
Pending Legislation ,
Trump Administration
This client alert updates readers on the introduction of legislation in the US Congress that, if enacted, would result in significant changes to CFIUS, the U.S. government interagency committee that conducts national security...more
On June 7, U.S. Treasury Secretary Steven Mnuchin said publicly that Congress should pass legislation to amend the authorizing statute for the Committee on Foreign Investment in the United States (CFIUS), a U.S. Government...more
On Thursday, May 18, U.S. Treasury Secretary Steven Mnuchin waded further publicly into efforts on Capitol Hill to amend the authorizing statute underlying the Committee on Foreign Investment in the U.S. (CFIUS), a U.S....more
Congressional efforts to reform the Committee on Foreign Investment in the United States (CFIUS), a U.S. Government interagency committee that conducts national security reviews, continue apace. This week saw the introduction...more
Lawmakers in both the U.S. House of Representatives and Senate are examining ways to restrict Chinese investment in the United States by reforming national security reviews conducted by the Committee on Foreign Investment in...more