President Donald Trump signed an executive order (EO) pausing all future investigations and enforcement actions under the Foreign Corrupt Practices Act (FCPA) for at least 180 days, along with directing the U.S. attorney...more
The U.S. Department of the Treasury's Final Rule on outbound investment screening went into effect on Jan. 2, 2025. The Final Rule establishes a much-awaited outbound investment screening regime, implementing Executive Order...more
1/13/2025
/ Artificial Intelligence ,
Biden Administration ,
Compliance ,
Executive Orders ,
Export Controls ,
Final Rules ,
Foreign Investment ,
Investment ,
National Security ,
Outbound Transactions ,
Rulemaking Process ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
The U.S. Department of State's Directorate of Defense Trade Controls (DDTC) has unveiled an ambitious regulatory agenda for 2025, with 14 planned actions that will significantly revise the International Traffic in Arms...more
1/8/2025
/ Compliance ,
Defense Sector ,
Department of Defense (DOD) ,
Directorate of Defense Trade Controls (DDTC) ,
Export Controls ,
Final Rules ,
Government Agencies ,
International Trade ,
Military Service Members ,
National Security ,
Regulatory Agenda ,
Regulatory Requirements ,
Technology Sector ,
USML
The U.S. Bureau of Industry and Security (BIS) on Dec. 2, 2024, issued a Final Rule, "Additions and Modifications to the Entity List; Removals From the Validated End-User (VEU) Program" (Final Rule), and an Interim Final Rule...more
12/18/2024
/ Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Compliance Dates ,
ECCNs ,
Entity List ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Final Rules ,
Interim Final Rules (IFR) ,
Technology Sector
The U.S. Department of Commerce's Bureau of Industry and Security (BIS) issued a Notice of Proposed Rulemaking (Proposed Rule) on Sept. 26, 2024, to address certain undue or unacceptable risks identified in Executive Order...more
10/8/2024
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Automotive Industry ,
Biden Administration ,
Bureau of Industry and Security (BIS) ,
China ,
Comment Period ,
Compliance ,
Connected Cars ,
Executive Orders ,
Hardware ,
Imports ,
Manufacturers ,
National Security ,
NPRM ,
Prohibited Transactions ,
Proposed Rules ,
Russia ,
Self-Reporting ,
Software ,
Supply Chain ,
Technology Sector ,
U.S. Commerce Department
The Committee on Foreign Investment in the United States (CFIUS or Committee) on Aug. 14, 2024, announced its largest-ever enforcement action and launched a new section of its website dedicated to enforcement. In addition to...more
The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), U.S. Department of Commerce's Bureau of Industry and Security (BIS) and U.S. Department of Justice (DOJ) on March 6, 2024, issued a Tri-Seal...more
3/15/2024
/ Bureau of Industry and Security (BIS) ,
Compliance ,
Criminal Prosecution ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Enforcement Actions ,
Export Controls ,
Extraterritoriality Rules ,
FinCEN ,
Joint Policy Statements ,
Office of Foreign Assets Control (OFAC) ,
Self-Disclosure Requirements
In the past year, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), the U.S. Department of Commerce's Bureau of Industry and Security (BIS) and the U.S. Department of State's Directorate of...more
3/1/2023
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Corporate Counsel ,
Directorate of Defense Trade Controls (DDTC) ,
Due Diligence ,
Economic Sanctions ,
Enforcement ,
Enforcement Actions ,
Enforcement Authority ,
Enforcement Statistics ,
Export Controls ,
Exports ,
International Trade ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
Ukraine
President Joe Biden signed into law the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 (2023 NDAA or Defense Bill) on Dec. 23, 2022. The Defense Bill, which passed the U.S. House of Representatives on...more
12/27/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
China ,
Compliance ,
Department of Defense (DOD) ,
Due Diligence ,
Federal Acquisition Regulations (FAR) ,
Federal Contractors ,
Iran ,
National Security ,
NDAA ,
North Korea ,
Popular ,
Prime Contractor ,
Russia ,
Safe Harbors ,
Semiconductors ,
Supply Chain ,
Technology Sector ,
U.S. Commerce Department ,
Waivers
Are you looking to hire a star engineer who is a foreign national? Are you considering raising capital from a foreign venture capital firm or other foreign investor? Are you interested in sourcing components or creating...more
8/5/2022
/ CFIUS ,
China ,
Compliance ,
Due Diligence ,
Early Stage Companies ,
Economic Sanctions ,
EU ,
Exports ,
Foreign Investment ,
Imports ,
Israel ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Risk Management ,
Russia ,
SDN List ,
Strategic Planning ,
Supply Chain ,
Trade Restrictions ,
US Trade Policies