News & Analysis as of

National Security Russia Critical Infrastructure Sectors

Hughes Hubbard & Reed LLP

The EU Adopts Broad New Sanctions Against Russia, Including 17th and 18th Packages, and Belarus Sanctions Alignment Package

The European Council ended a highly active semester on the economic sanctions front with the adoption of its 17th and 18th economic sanctions packages (Russia Sanctions Packages or Sanctions Packages) against Russia for its...more

Venable LLP

FCC Adopts Several National Security Measures

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At its May open meeting, the Federal Communications Commission (FCC) implemented three distinct regulatory measures aimed at protecting domestic communications networks and equipment from threats posed by hostile foreign...more

Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter - JULY 12, 2024

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On June 20, the Department of Commerce’s Bureau of Industry and Security (BIS) for the first time banned a software and cybersecurity company using authority provided by June 2023’s “Protecting Americans’ Sensitive Data from...more

Morrison & Foerster LLP

OFAC Year in Review 2023 – Part 1

2023 was another record year for U.S. sanctions and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). Most prominently, OFAC continued to impose significant additional sanctions on Russia in...more

Davies Ward Phillips & Vineberg LLP

Canadian Foreign Investment Law in 2023: National Security Is (Still) Paramount

In this annual review of Canadian foreign investment law, we discuss developments over the past year, including proposed amendments to the Investment Canada Act (ICA) and new government policies on the treatment of specific...more

Cozen O'Connor

Canada Gets Tough on Chinese Investors

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Last year saw a fundamental shift in Canada’s trade policy. As the year dawned, Canada still permitted, perhaps even welcomed, investments by Chinese companies. By the end of 2022, however, the government had adopted what...more

HaystackID

[Webcast Transcript] CFIUS Compliance: Your Approach May Be A Matter of National Security

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Editor’s Note: On July 27, 2022, HaystackID shared an educational webcast on the topic of Committee on Foreign Investment in the United States (CFIUS) compliance. CFIUS is a U.S. government interagency committee with the...more

Morrison & Foerster LLP

Lawmakers Continue Push for Review of Outbound Investments

Revised draft legislation circulated June 13th is the most recent salvo in a long-running effort that is increasingly likely to create an unprecedented outbound investment review mechanism in the United States. ...more

Nossaman LLP

$1M Colonial Pipeline Fine: The Canary in the Coal Mine?

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A proposed $1M civil penalty against Colonial Pipeline for its procedural failures during a ransomware attack could indicate what’s in store for critical infrastructure operators who fail to keep employees up to date on how...more

Greenbaum, Rowe, Smith & Davis LLP

President Biden Calls on Private Sector Businesses to Implement Heightened Cybersecurity Risk Protocols

What You Need to Know- •President Biden has called upon private sector businesses to take specific steps to implement certain “best practices” aimed at minimizing their cybersecurity risks in light of heightened concerns...more

Guidepost Solutions LLC

[Webinar] From The China Initiative to Nation-State Threats: The US Government’s New Enforcement Priority – China + Russia - March...

On February 23, 2022, Assistant Attorney General Matthew Olsen announced that the DOJ’s China Initiative was officially ending. He also announced DOJ’s new national security strategy - Strategy for Countering Nation-State...more

Stinson - Government Contracting Matters

Department of Homeland Security Issues “SHIELDS UP” Advisory for All Organizations Regardless of Size

This week the Department of Homeland Security (DHS) Cybersecurity and Infrastructure Agency (CISA) issued a “SHIELDS UP” advisory.  While it does not identify specific threats in the advisory, CISA states that the “Russian...more

WilmerHale

New Commerce Rule Covering ICTS Transactions Involving Foreign Parties

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A new rule effective March 22, 2021 establishes a process for the US Department of Commerce to review commercial transactions between US and foreign parties for certain information and communications technology and services...more

Robins Kaplan LLP

Financial Daily Dose 11.30.2020 | Top Story: Salesforce in Talks to Buy Slack Technologies

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Bay area business software powerhouse Salesforce is “in advanced talks to buy Slack Technologies,” the “buzzy newcomer on a mission to replace office email.” A deal could be announced as early as tomorrow, and it would mark...more

Lowenstein Sandler LLP

Hypersonics Race Raises National Security Concerns For U.S. Businesses

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U.S. government agencies are increasing scrutiny of the supply chain of companies developing hypersonic technologies used in military aircraft and missiles amid escalating tensions with China and Russia. Lowenstein Sandler...more

Holland & Knight LLP

Securing the U.S. Power Grid: President and Commerce Department Sound the Alarm

Holland & Knight LLP on

President Donald Trump signed Executive Order 139201 on May 1, 2020, declaring a national emergency in order to secure the nation's bulk-power system. The president's order explains that such systems are threatened by foreign...more

White & Case LLP

Foreign direct investment reviews 2019: A global perspective: Russian Federation

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The Russian government clarified requirements to disclosure of information about foreign investors' beneficiaries, beneficial owners and controlling persons. The Government Commission on Control over Foreign Investments in...more

Orrick, Herrington & Sutcliffe LLP

New Syria, North Korea and Other Sanctions Provisions Enacted as Parts of the National Defense Authorization Act for Fiscal Year...

On December 20, 2019, President Trump signed into law the National Defense Authorization Act for Fiscal Year 2020 (“NDAA 2020”), which includes numerous sanctions-related provisions. The law includes the previously introduced...more

Ballard Spahr LLP

U.S. Treasury and DOJ Targets “Evil Corp”

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Organization Excels at Niche Branding but Stumbles in Avoiding Enforcement - The first paragraph of the press release sums it up: Today the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) took action...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden's 2019 Insights: Foreign Investment Control Reforms in Europe

The geopolitical environment continues to drive reform of foreign investment rules in Europe, with government proposals clarifying and tightening such rules in the interest of national security. Recent foreign state-backed...more

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