Cross-Border Compliance Update: November 2019

Foley Hoag LLP
Contact

Alert for Information and Communications Technology and Services Industries: Proposed New Rule Implements Unprecedented Regime to Review and Restrict Transactions -

The Department of Commerce (DOC) is accepting comments from now through December 27, 2019 on a proposed rule (the “Rule”) that would restrict certain foreign-involved transactions, including investment and services contracts, in the information and communications technology and services (ICTS) industries. The Rule as proposed has a very broad scope, and would impact telecommunications service providers, internet and digital service providers, and vendors and manufacturers of ICTS. The long-anticipated Rule would implement the May 15, 2019 Executive Order 13873, ‘‘Securing the Information and Communications Technology and Services Supply Chain.” This EO, while it does not name any particular entities or countries, is widely regarded as targeting China, and particularly Chinese companies such as Huawei, for the risks their presence in the global ICTS supply chain may pose to U.S. national security.

Please see full Issue below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Foley Hoag LLP | Attorney Advertising

Written by:

Foley Hoag LLP
Contact
more
less

Foley Hoag LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.