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Cross-Border Transactions New Legislation

A&O Shearman

China passes provisions to relax the cross-border data transfer regime

A&O Shearman on

China has passed provisions which relax the current cross-border data transfer mechanisms. This comes as welcome news to the international business community, especially those with the need to export data from China in the...more

Sullivan & Worcester

Debunking Legal Jargon for Trade & Export Finance and Related Regulation

Sullivan & Worcester on

In this blog, we take a look at some new jargon and key terms that you might come across in your transactions or industry discussions in the coming months. Trade & Export Finance - Uniform Rules for Transferable Electronic...more

Sheppard Mullin Richter & Hampton LLP

Eye on Privacy: 2023 Year in Review

ARTIFICIAL INTELLIGENCE - What is the Privacy Impact of the White House AI Order for Businesses? Posted November 28, 2023 Biden’s sweeping AI Executive Order sought to have artificial intelligence used in accordance...more

Latham & Watkins LLP

Texas Passes Onerous Data Privacy Law

Latham & Watkins LLP on

The stringent law introduces several novel obligations and a unique approach to determining applicability that may broaden its reach. On June 18, 2023, Texas enacted the Texas Data Privacy & Security Act (TDPSA), which...more

Bradley Arant Boult Cummings LLP

The RESTRICT Act: A Potential New Enforcement Tool to Address Economic and National Security Concerns Posed by Foreign Information...

Concerns over the potential threat posed by information and communications technology (ICT) products and services, such as TikTok, to the United States’ economic and national security have been ruminating for some time now....more

White & Case LLP

Foreign direct investment reviews 2021: China

White & Case LLP on

China continued to strengthen its national security regulatory regime by introducing the new Data Security Law in 2021 - China has further strengthened its legislation on data security in view of the popularity of...more

Mayer Brown

Global Impact of China's Data and Cybersecurity Laws

Mayer Brown on

Over the past few years, China has introduced a range of laws dealing with data privacy and cybersecurity. The most well-known is China's Cybersecurity Law, which came into effect in June 2017. With the recent passing of...more

American Conference Institute (ACI)

[Virtual Conference] U.S.-China Trade Controls - September 20th, 10:00 am - 5:15 pm EDT

Industry's Annual Forum on MEU and MIEU Rules, New Legislation, Data Transfers and Emerging Technology Rules - ACI’s 3rd Virtual U.S.-China Trade Controls Conference will take place September 20, 2021, in a virtual format....more

Katten Muchin Rosenman LLP

UK Regulations Implementing EU Tax Anti-Avoidance Disclosure Laws Finalised

KEY POINTS - The UK Regulations, finalised on 13 January 2020, will only apply in relation to direct EU taxes. - The Legal Professional Privilege exemption is still unclear. - Penalties have been capped at £5,000. ...more

Hogan Lovells

China's new Foreign Investment Law: the impact on financial institutions

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Much has already been written about the foreign investment law which was voted into law by China's highest legislative body, the National People's Congress of the People's Republic of China, on 15 March 2019. ...more

Pillsbury Winthrop Shaw Pittman LLP

Fall 2018 CFIUS Briefing - New Legislation and New Challenges

While there is increasing scrutiny, transactions continue to be reviewed and cleared by CFIUS, even where a Chinese entity is involved. Upcoming legislative changes will expand the definition of a “covered transaction”...more

Hogan Lovells

A game changer? China enacts first e-commerce law

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In stark contrast to the rapid development of e-commerce in China, it has taken nearly five years and no less than four drafts for China to finalise its first e-Commerce Law. The new law will enter into force on 1 January...more

Akin Gump Strauss Hauer & Feld LLP

The Export Control Reform Act and Possible New Controls on Emerging and Foundational Technologies

• ECRA became law on August 13, 2018. It is the permanent statutory authority for the EAR, which is administered by the U.S. Department of Commerce’s BIS. The new law codifies long-standing BIS policies and does not require...more

White and Williams LLP

New Law Significantly Expands CFIUS Jurisdiction and Mandates Declaration to CFIUS for Certain Transactions

On August 13, 2018, President Trump signed into law the National Defense Authorization Act for Fiscal Year 2019 that contains the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), the first significant reform...more

Foster Garvey PC

New U.S. Law on Foreign Investment Further Complicates Future Chinese Investments in the United States

Foster Garvey PC on

On August 13, 2018, the President signed into law new legislation that will impose heightened oversight of investments by Chinese persons in U.S. businesses. The Foreign Investment Risk Review Modernization Act (FIRRMA)...more

Sheppard Mullin Richter & Hampton LLP

Expanding CFIUS: New Law Strengthens And Slows Investment Review

This week, you have likely heard about FIRRMA, the Foreign Investment Risk Review Modernization Act, the law that will expand CFIUS. We have written about a number of aspects of the new law as it was being made, including the...more

Akin Gump Strauss Hauer & Feld LLP

The CFIUS Reform Legislation—FIRRMA—Will Become Law on August 13, 2018

CFIUS will continue to have broad jurisdiction to conduct national security reviews of foreign investments that could result in foreign control of a U.S. business. When regulations implementing FIRRMA become effective within...more

Proskauer on Privacy

A Primer on China’s New Cybersecurity Law: Privacy, Cross-Border Transfer Requirements, and Data Localization

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China’s new Cybersecurity Law is one of the most important pieces of privacy and cybersecurity legislation we’ll see this year, and companies of all sizes need to be aware of its requirements – regardless of whether or not...more

Mintz - Public Finance Viewpoints

Financial Services Legislative and Regulatory Update -- July 22, 2013

In This Issue: Leading the Past Week; Legislative Branch; Executive Branch; International; Miscellaneous; and Upcoming Hearings. Excerpt from Leading the Past Week - Yesterday marked the 3rd Anniversary...more

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