News & Analysis as of

Foreign Ownership Russia

Akin Gump Strauss Hauer & Feld LLP

FCC Announces Comment Deadlines for the Foreign Ownership NPRM

On Monday, June 23, the Federal Communications Commission (FCC) issued a public notice announcing comment and reply comment deadlines for the Identifying Foreign Adversary Ownership Stakes Notice of Proposed Rulemaking...more

Wiley Rein LLP

FCC Opens Foreign Ownership Proceedings for Comment, Advancing National Security Focus

Wiley Rein LLP on

The public comment period is now open for two Federal Communications Commission (FCC or Commission) proceedings proposing new rules related to foreign ownership of FCC authorization holders. Both proceedings are part of the...more

Vinson & Elkins LLP

Texas Lassos Foreign Investment Regulation with Real Property Restrictions and Proposed “Texas Committee on Foreign Investment” -...

Vinson & Elkins LLP on

The Texas Legislature was active this Session in proposing and passing bills that seek to restrict foreign ownership of real estate and businesses in Texas. Before this session, Texas did not have state-level restrictions on...more

Akin Gump Strauss Hauer & Feld LLP

FCC Voted To Adopt New Items on Foreign Ownership Requirements and Spectrum Use in the 12.7 GHz and 42 GHz bands at Its May 22...

The Federal Communications Commission (FCC) held its May Open Meeting on Thursday, May 22, during which it voted to adopt three items: (1) a Notice of Proposed Rulemaking (NPRM) that proposes to require holders of certain...more

Dickinson Wright

FCC Expands National Security Measures for Telecom Industry

Dickinson Wright on

Last week, the Federal Communications Commission (FCC) took three separate actions to control foreign influence over US communications products and services. These decisions fit within the FCC’s broader efforts to safeguard...more

Wiley Rein LLP

Targeting “Foreign Adversary” Interests, FCC Proposes Broadly Applicable Ownership Reporting Regime

Wiley Rein LLP on

On May 27, 2025, the Federal Communications Commission (FCC or Commission) released a Notice of Proposed Rulemaking (Foreign Adversary NPRM or NPRM) that seeks to promote U.S. national security by providing “a new and...more

Vinson & Elkins LLP

Texas Lassos Foreign Investment Regulation with Real Property Restrictions and Proposed “Texas Committee on Foreign Investment”

Vinson & Elkins LLP on

The Texas legislature has been active recently in proposing bills that seek to restrict foreign ownership of real estate and businesses in Texas. Texas does not currently have state-level restrictions on foreign ownership of...more

Ropes & Gray LLP

Deck the Halls with Cyber Walls: Navigating National Security in the Digital Age

Ropes & Gray LLP on

Cybersecurity and national security collided in significant ways in 2024, with governments and private-sector entities grappling with the legal, technical, and policy challenges of a rapidly evolving cyber landscape....more

Venable LLP

OFAC Issues Sanctions Compliance Guidance and Scenarios for U.S. and International Maritime Industry

Venable LLP on

On October 31, 2024, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued scenario-based guidance specific to the maritime shipping industry....more

Carlton Fields

[Webinar] New Florida Law Banning Real Estate Ownership by Foreign Principals From Certain Foreign Countries - May 22nd, 12:00 pm...

Carlton Fields on

On May 8, 2023, Gov. Ron DeSantis signed into law Senate Bill 264, creating Florida Statutes sections 692.201 through 692.205, which prohibits the direct or indirect ownership of various categories of real estate by...more

Perkins Coie

FCC Prioritizes Enforcing Transfer of Control and Foreign Ownership Rules

Perkins Coie on

According to a settlement with the Federal Communications Commission (FCC) announced on October 20, 2022, Truphone Inc. repeatedly transferred control of its FCC licenses to unvetted foreign individuals and entities without...more

Pillsbury Winthrop Shaw Pittman LLP

Additional Russian Measures Affecting International Investors and Cross-Border Trade

Russian government approval is now required for Western companies to exit LLCs, which complicates and will likely delay exit strategies. High-profile projects and industries, such as Sakhalin-2, continue to be targeted by...more

Latham & Watkins LLP

The Economic Crime (Transparency and Enforcement) Act 2022 Receives Royal Assent

Latham & Watkins LLP on

New legislation introduces further sanctions powers and aims to tackle financial crime by revealing identities of overseas beneficial owners of UK property. Following the UK government’s successive sanctions packages,...more

Hogan Lovells

Digital Battle in Russia: Russian Parliament will consider a Draft Law on Foreign Ownership Restrictions in Significant Internet /...

Hogan Lovells on

Russia is facing potential restrictions of foreign ownership in digital companies. This follows on similar restrictions over Russian mass media companies and online cinemas which took effect in 2016 and 2017, respectively....more

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