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Williams Mullen

U.S. State Department Lifts ITAR Licensing Requirements for Australia and the UK Under the AUKUS Trilateral Security Partnership

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In May, the US State Department’s Directorate of Defense Trade Controls (DDTC) published its long-awaited rule amending the International Traffic in Arms Regulations (ITAR) to implement the AUKUS Trilateral Security...more

Davis Wright Tremaine LLP

All-In on AI: Bipartisan Senate AI Policy Roadmap Identifies Areas of Consensus

On March 15, 2024, the Bipartisan Senate Artificial Intelligence Working Group (the "AI Working Group")—led by Senate Majority Leader Chuck Schumer (D-N.Y.) and Sens. Mike Rounds (R-S.D.), Martin Heinrich (D-N.M.), and Todd...more

Skadden, Arps, Slate, Meagher & Flom LLP

BIS Reduces Licensing Requirements on Exports to Australia and the UK

In an interim final rule published on April 19, 2024 (New Rule), the Department of Commerce, Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to reduce licensing requirements on...more

Skadden, Arps, Slate, Meagher & Flom LLP

New BIS Rule Imposes Stringent Export Control Restrictions Targeting Large Number of OFAC-Sanctioned Parties

On March 21, 2024, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) published a final rule amending the Export Administration Regulations (EAR) by imposing “end user” export control restrictions against...more

Dechert LLP

Treasury Proposes Investment Advisers AML/CFT Program Rule

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Treasury proposed a new rule that would require investment advisers to establish an AML/CFT program and file certain reports, such as Suspicious Activity Reports (SARs), with FinCEN (Proposed Rule). The Proposed Rule...more

Pillsbury Winthrop Shaw Pittman LLP

The Crossroads of Cybersecurity and National Security: Delaying Disclosure of Incidents under the SEC’s New Cybersecurity Rule

In recent guidance, the Department of Justice made clear that it will very rarely grant an extension of registrants’ deadline to disclose material cybersecurity incidents under the SEC’s Final Rules. Under the Securities and...more

Foley & Lardner LLP

The Not-So-Wild West of AI Regulation

Foley & Lardner LLP on

Over the past year, we have seen the various agencies and branches of government issue a slew of rules, guidance, and directives over the use (and misuse) of Artificial Intelligence (AI). In May, the EEOC issued guidance on...more

Kohrman Jackson & Krantz LLP

SEC Adopts New and Burdensome Cybersecurity Disclosure Rules

The Securities and Exchange Commission (SEC) recently adopted rules requiring public companies to quickly disclose “material cybersecurity incidents” and to annually disclose material information regarding a company’s...more

A&O Shearman

Treasury Proposes New Regulatory Regime For Certain Outbound Investments

A&O Shearman on

After over a year of anticipation, on August 9, 2023, President Biden issued an Executive Order (“EO”) outlining a new regulatory regime for outbound investments from the United States. The EO targets certain U.S. investments...more

Torres Trade Law, PLLC

President Biden Issues Executive Order Addressing Outbound Investments

Torres Trade Law, PLLC on

On August 9, 2023, President Biden issued an Executive Order (“E.O.”) on outbound investment regulation. This long-anticipated action marks the first time the U.S. government has sought to regulate investments made abroad by...more

Pillsbury Winthrop Shaw Pittman LLP

SEC Finalizes Public Company Cybersecurity Disclosure Rules

Under the SEC’s rules, public companies that are subject to reporting requirements must promptly disclose material cybersecurity incidents. The SEC’s Final Rules require public companies to report a material cybersecurity...more

Woods Rogers

Federal Contractor TikTok Prohibition

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You may have learned of a new FAR provision banning the use of TikTok by contractors and employees. Lawmakers and regulators are concerned that TikTok and its parent company, ByteDance, may put sensitive user data into the...more

Bradley Arant Boult Cummings LLP

So Now There’s a TikTok Ban for Government Contractors

On June 2, 2023, the Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council issued an interim rule to implement a new statutory requirement that, in short, bans the TikTok app from devices used in...more

Torres Trade Law, PLLC

New BIS Policy Cracks Down on Uncooperative Foreign Governments With Broad Implications for Parties Trading in Goods Subject to...

Torres Trade Law, PLLC on

The U.S. Department of Commerce Bureau of Industry and Security (“BIS”) is cracking down on foreign governments that prevent the end-use checks the BIS uses to ensure compliance with Export Administration Regulations (“EAR”)....more

Torres Trade Law, PLLC

Export Controls on Chips to China Typify the Biden Administration’s National Security Strategy for Outcompeting China

Torres Trade Law, PLLC on

On October 7, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) announced a major new rule that restricts the ability of the People’s Republic of China (“PRC” or “China”) to obtain advanced...more

Pillsbury Winthrop Shaw Pittman LLP

FCC Modifies Equipment Authorization Rules for Certain Chinese Manufacturers

The FCC seeks further comment on the revocation of existing equipment authorizations issued to manufacturers on FCC Covered List. Elimination of expedited approval procedures reduces possible evasion of FCC’s rules....more

Fenwick & West LLP

US Commerce Department Authorizes Release of Certain Technology and Software to All Entities on the Entity List in...

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On September 9, 2022, the U.S. Commerce Department’s Bureau of Industry and Security (BIS or Commerce) published a rule, sought by tech and telecom companies, and industry organizations, authorizing the release of certain...more

American Conference Institute (ACI)

[Event] 8th National Conference on CFIUS - April 26th - 27th, Washington, DC

The Country's Premier Gathering of Government, Outside Counsel, Advisors, and In-House Executives - ACI’s 8th National Conference on CFIUS is back in person on April 26 – 27! Widely regarded as the premier event for the...more

Dickinson Wright

[Webinar] North America's Drive Towards Electrification: How East Asia Factors into the Equation - October 20th, 12:00 pm - 1:30...

Dickinson Wright on

The global transition from internal combustion engines (ICE) to battery electric vehicles (BEV) will be transformative and disruptive, if not existential, for many segments of the automotive industry. All direct and indirect...more

Bradley Arant Boult Cummings LLP

Landlords Must Disclose Foreign Ownership to Federal Lessees

Some federal lessees now must require their landlords to identify and disclose certain foreign owners, under a new interim rule from the General Services Administration (GSA). The rule — effective June 30, 2021 — is yet...more

Dorsey & Whitney LLP

China Issues Rules on Foreign Investment Security Review to Stay in Line with International Practice

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On December 19, 2020, China published the Rules on Foreign Investment Security Review (in Chinese, 外商投资安全审查办法) (“Security Review Rules”). Security Review Rules lay out the grounds by which foreign investments in China are...more

Pillsbury Winthrop Shaw Pittman LLP

China Publishes New Rules on National Security Review of Foreign Investment

The new national security review system will target foreign investment in military sectors and investment that involves obtaining actual control of important agricultural products, natural energy, heavy equipment...more

Society of Corporate Compliance and Ethics...

China updates export restrictions

CEP Magazine (November 2020) - On August 28, China’s Ministry of Commerce issued an update to the technologies that require government approval before they can be exported or sold. The 23 technologies include space...more

Pillsbury Winthrop Shaw Pittman LLP

The UK Proposes New CFIUS-Style National Security and Investment Bill

The UK government has introduced proposals for extensive new rules and review powers governing foreign direct investment across the UK’s critical infrastructure and defence industries. The new regime will introduce tougher...more

White & Case LLP

FCC Adopts New Rules and Procedures for Team Telecom Committee

White & Case LLP on

On September 30, 2020, the Federal Communications Commission (FCC) voted to adopt a Report and Order that provides for new rules and procedures to formalize the review process of the Committee for the Assessment of Foreign...more

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