CFIUS Publishes 2018 Annual Report The Committee on Foreign Investment in the United States (CFIUS), a U.S. government interagency committee that conducts national security reviews of foreign investments, recently released its 2018 annual report. The report takes into account cases reviewed by CFIUS both before and after the August 2018 enactment of the Foreign Investment Risk Review Modernization Act (FIRRMA), which expanded CFIUS’ jurisdiction and enabled CFIUS to implement a pilot program that mandated filings for certain transactions involving critical technologies. The annual report confirms that, in 2018, China topped
Brian Curran
Two Key CFIUS Developments: CFIUS Publishes 2018 Annual Report and Proposed Regulations Revising Critical Technologies Mandatory Filing Program
U.S. Government Steps Up Cybersecurity Efforts With New Rules for Export Controls, Economic Sanctions
With cybersecurity dominating the headlines, the U.S. government has taken several recent steps to target the national security threat posed by cybercriminals and hackers with new regulations aimed at curbing malicious actors online. With a series of proposed rules and an Executive Order, the U.S. government has begun a concerted effort (i) to rein in malicious cyber actors using export controls and sanctions regulations; and (ii) to better align U.S. export control regulations with the realities of cloud computing and encrypted export-controlled data. Many of these regulations are proposed rules