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Morgan Lewis

CFIUS Annual Report for 2024: Key Trends in Filings, Mitigation, and Enforcement

Morgan Lewis on

The Committee on Foreign Investment in the United States (CFIUS or the Committee) has released its Annual Report to Congress for calendar year 2024. As with earlier years, the report provides detailed statistics on CFIUS’s...more

Alston & Bird

Treasury Finalizes Outbound Investment Regulations on China

Alston & Bird on

Effective January 2, 2025, a final rule by the Department of the Treasury restricts investments in certain emerging technology sectors. Our International Trade & Regulatory Group examines the impact of the new U.S. Outbound...more

Mayer Brown

Trends in US Cybersecurity Regulation

Mayer Brown on

As cybersecurity rules proliferate, companies must navigate a maze of new, and often overlapping, proactive and reactive cybersecurity requirements and guidance. This Legal Update surveys new cybersecurity rules and...more

WilmerHale

China Launches Cybersecurity Review Against Micron

WilmerHale on

The Cyberspace Administration of China (“CAC”) in a brief statement on March 31, 2023 stated that it has launched a cybersecurity review of Micron’s products sold in China pursuant to the National Security Law (2015),...more

Dorsey & Whitney LLP

Key Takeaways From President Biden’s Executive Order 14083 on Ensuring Robust Consideration of Evolving National Security Risks by...

Dorsey & Whitney LLP on

On September 15, 2022, President Biden issued Executive Order 14083 (“EO 14083”) that the White House describes as a “first-ever presidential directive defining additional national security factors for CFIUS to consider in...more

Hogan Lovells

TSA releases new security directives regarding cybersecurity requirements for the rail industry

Hogan Lovells on

On 2 December 2021, the United States Transportation Security Administration (TSA) released two Security Directives applicable to the rail industry that will require certain owners and operators to implement new cybersecurity...more

White & Case LLP

UK National Security and Investment Act screening regime to go live from 4 January 2022

White & Case LLP on

Having received Royal Assent on 29 April 2021, the Secretary of State for Business Energy and Industrial Strategy ("SoS") has announced that the investment-screening regime envisaged by the National Security and Investment...more

Foley Hoag LLP - Security, Privacy and the...

The Government’s Swift Response to Pipeline Cyberattack: Executive Order and TSA Security Directive

On May 10, 2021, the hacking group DarkSide succeeded in shutting down the Colonial Pipeline with a ransomware attack that highlighted the vulnerability of the U.S. energy sector to cyberattacks. The attack led to a panic...more

Bracewell LLP

Avoid a Fall Out with the Feds: Planning for Increased Cyber Regulations

Bracewell LLP on

The cyber landscape is changing once again, in terms of impact, policy and potential exposure. In the wake of the Colonial Pipeline hack, the Biden administration released a long-awaited Executive Order intended to strengthen...more

BCLP

Highly impactful - UK National Security & Investment Bill introduces mandatory Government review of a wide range of transactions

BCLP on

On 11 November, the UK Government introduced to Parliament the long-awaited National Security and Investment Bill. The Bill, which is expected to be enacted in Spring 2021, is a transformative event for investors in UK...more

White & Case LLP

Significant update to Australia's foreign investment framework

White & Case LLP on

On 5 June 2020, the Treasurer of Australia announced reforms to Australia's foreign investment framework. The key focus of the reforms is national security risks to deal with the current environment, including rapid...more

McDermott Will & Schulte

Final Rules Issued on Reviews of Foreign Investments in the United States – CFIUS

The US Treasury Department published final regulations to implement FIRRMA, which greatly expanded the scope of CFIUS to review foreign investments in US businesses. The new rules clarify and revise proposed regulations...more

Stinson - Corporate & Securities Law Blog

CFIUS Excepted Investors: Canada, United Kingdom and Australia

On January 13, 2020, the U.S. Department of Treasury published final regulations relating to the Committee on Foreign Investment in the United States, or CFIUS.  The regulations implement the Foreign Investment Risk Review...more

Skadden, Arps, Slate, Meagher & Flom LLP

CFIUS’ Final Rules: Broader Reach, Narrow Exceptions and Foretelling Future Change

On January 13, 2020, the U.S. Department of the Treasury (Treasury), on behalf of the Committee on Foreign Investment in the United States (CFIUS or the Committee), issued two sets of final regulations implementing the...more

Goulston & Storrs PC

CFIUS Jurisdiction over Real Estate Transactions Expanded: Foreign Investors Should Take Notice

Goulston & Storrs PC on

The Trump administration continues to expand the powers of the US government to block foreign investment in the U.S. on national security grounds. In 1975, President Gerald Ford established the Committee on Foreign Investment...more

Cadwalader, Wickersham & Taft LLP

CFIUS Unbound: Foreign Investor Deals Continue to Draw Intense National Security Scrutiny

The national security implications of corporate deals involving foreign investors continues to be a headline-grabbing topic, now more than ever as the United States engages in heated trade negotiations with China amidst...more

Jones Day

Jones Day Talks: Navigating Foreign Direct Investment in Germany

Jones Day on

Germany has two different sets of rules for the review of foreign direct investments. The relevant ordinance, the Außenwirtschaftsverordnung, or AWV, provides for a sector-specific review process applying to the acquisition,...more

Holland & Knight LLP

New TSA Cybersecurity Roadmap States Specific Requirements for Pipeline Industry - White House, DoD and Congress Remain Focused on...

Holland & Knight LLP on

• The pipeline sector is a crucial aspect of the nation's economic and national security. While the sector has a host of regulators on various aspects of the industry from the Federal Energy Regulatory Commission (FERC), U.S....more

Holland & Knight LLP

New TSA Cybersecurity Roadmap Articulates Clear Aviation Sector Requirements - White House, DoD and Congress Also Express Concerns...

Holland & Knight LLP on

• The recent release of the Transportation Security Administration (TSA) Cybersecurity Roadmap (Roadmap) is the result of several years of discussion across administrations to determine which U.S. government agency should be...more

Bilzin Sumberg

National Security Review of Foreign Investments to Escalate

Bilzin Sumberg on

With its roots in the Exon-Florio Amendment to the Defense Production Act, the Committee on Foreign Investment in the United States (CFIUS), is an inter-agency committee that reviews certain foreign investments in the United...more

Hogan Lovells

Legislative and Regulatory Update on Federal Supply Chain Risk Management

Hogan Lovells on

The U.S. Government is renewing its focus on mitigating technological risks by regulating the supply chain for various goods and services. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Expanding the Scope of National Security-Focused Foreign Investment Reviews in Europe

In large part as a response to China’s national industrial goals and subsequent Chinese acquisitions of U.S. and European companies that are technology leaders in key industries, the U.S. government and a number of European...more

Hogan Lovells

Advanced Reactors Front and Center at House Committee Hearing on Nuclear Energy

Hogan Lovells on

The House Committee on Energy and Commerce, Subcommittee on Energy held a hearing February 6, 2018 to discuss the challenges facing America’s nuclear infrastructure, including advanced reactor development. ...more

A&O Shearman

Chinese Acquisitions in the EU: The Climate Is Getting Rougher

A&O Shearman on

In response to a significant increase in acquisitions of companies in the EU by Chinese buyers in recent years, the foreign (i.e., non-EU) investment review legal framework in the EU is currently undergoing a change towards...more

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