On 21 June 2024, the Office of Investment Security of the US Department of the Treasury (Treasury) issued proposed regulations to implement President Biden’s August 2023 Executive Order on Addressing United States Investments...more
6/27/2024
/ CFIUS ,
China ,
Civil Monetary Penalty ,
Critical Infrastructure Sectors ,
Executive Orders ,
Foreign Investment ,
International Emergency Economic Powers Act (IEEPA) ,
Investment ,
National Security ,
Prohibited Transactions ,
Proposed Regulation ,
Supply Chain ,
U.S. Treasury
Driven by concerns around increasing sanctions evasion activities by Russia, China, Iran and North Korea, the US Government is stepping up enforcement and warning companies in the extended cargo and shipping supply chain to...more
INTRODUCTION - The U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) recently adopted measures substantially impacting Huawei-affiliated companies and their non-U.S. supply chains. Earlier this year, on...more
On November 27, 2019, the Department of Commerce (“Commerce”) issued a proposed rule implementing Executive Order (“EO”) 13873, “Securing the Information and Communications Technology and Services Supply Chain,” issued on May...more
On Tuesday, August 13, 2019, the Federal Acquisition Regulatory Council issued an interim rule amending the Federal Acquisition Regulations (“FAR”) to prohibit agencies from procuring “covered telecommunications equipment and...more
As the United States is poised to increase the additional tariffs imposed on goods of Chinese origin, companies in China have been busy trying to diversify their manufacturing operations or realign their supply chains for...more