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China’s new cybersecurity law
The Connecticut General Assembly recently passed a bill requiring municipalities to assess properties used solely for low and moderate-income housing based on the capitalized value of their net rental income....more
Amidst an ever-evolving cyber threat landscape, a recent slew of regulatory updates and cybersecurity standards are defining a new battlefront for securing critical infrastructure and corporate data across varying sectors....more
The Cybersecurity and Infrastructure Security Agency (“CISA”) recently released its new Proposed Rule pursuant to the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (“CIRCIA”), which was published in the...more
The newly promulgated measures increase the threshold of data triggering security assessments and contract requirements while leaving room for Chinese authorities to heavily restrict cross-border data transfers. In...more
This is the sixth in our 2024 Year in Preview series examining important trends in white collar law and investigations in the coming year. We will be posting further installments in the series throughout the next several...more
On 24 January 2024, the European Commission (EC) published its proposed reform of foreign investment screening in the EU. The proposal introduces more comprehensive rules for the review of foreign investments and strengthens...more
On July 13, 2023, the Biden Administration released its National Cybersecurity Strategy Implementation Plan (NCSIP) with the goal of providng transparency and coordination for its existing goals. The NCSIP details more than...more
As concerns about Artificial Intelligence (AI) continue to swell worldwide, the European Union (EU) is providing a regulatory roadmap for the international community. On May 11, 2023, the European Parliament’s Committee on...more
On April 20, 2022, the Bay Area Air Quality Management District (BAAQMD) adopted new recommended thresholds for determining the significance of individual projects’ greenhouse gas impacts under the California Environmental...more
On August 17, 2021, China released the new regulations on the Security and Protection of Critical Information Infrastructure (CII Regulations), which became effective on September 1, 2021. Even though China started its...more
The regulations aim to protect the security of the CII and impose more compliance obligations in support of the Network Security Law. Key Points: The regulations are designed to provide clarification and guidance on: ...more
Recent U.S. IPOs of Chinese companies prompt data security concerns among government authorities, leading to a tightening of cyber regulations. Cybersecurity review will be mandatory for (i) purchase of network products and...more
On May 1, 2021, the Foreign Direct Investments Screening Act (Act No. 34/2021 Coll. – the "FDI Act") is set to come into force, which will allow the government to screen potentially high-risk foreign transactions by investors...more
On April 27, 2020, twelve Chinese government departments led by the Cyberspace Administration of China (CAC) jointly promulgated the Measures for Cybersecurity Review (the “Measures”) effective June 1, 2020 under the joint...more
Given COVID-19 crisis in Spain, the government has adopted a Royal Decree-Law of extraordinary and urgent measures to deal with the economic and social impact. The Royal Decree Law 8/2020, of 17 March (the RDL) amends Act...more
The Situation: The French government issued on December 31, 2019, new rules substantially revising the French Foreign Direct Investments ("FDI") regulation. These new provisions mostly implement the recent PACTE law and the...more
Opportunity Zone (or “OZ”) investment was hailed in 2018 and 2019 as the hottest and most innovative way of attracting significant private capital to distressed communities in the United States and its territories by offering...more
On January 13, 2020, the U.S. Department of the Treasury, which chairs the Committee on Foreign Investment in the United States (“CFIUS”), released the final regulations to implement the 2018 CFIUS reform law, the Foreign...more
The Committee on Foreign Investment in the United States ("CFIUS") issued final regulations on January 13, 2020 to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 ("FIRRMA") (the...more
On September 17, 2019, the Committee on Foreign Investment in the United States (“CFIUS”) published two Proposed Rules to implement most of the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA”). CFIUS is an...more
The U.S. Treasury Department recently signaled that it is close to finalizing new regulations that will apply to investments by non-U.S. investors in U.S. companies, assets, and real estate subject to review under the...more
On March 19, 2019, the European Union adopted a regulation for the screening of foreign direct investments into the EU (the Regulation). The Regulation sets forth national security factors that EU member states (Member...more
The Chinese government has recently issued a flurry of regulations and standards, several in draft form for public comment, to implement the Cybersecurity Law. These mostly reflect a lengthy policy development process...more
Following completion of the Trilogue process, the three main EU institutions have agreed on a compromise for a new Regulation that gives the EU a largely procedural and coordinating function in connection with foreign direct...more
The Standing Committee of China's National People's Congress (NPC) adopted the country's Cybersecurity Law1 on November 7—the latest in a spate of national security-related measures targeting the ICT industry. Drafts of the...more