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Pending Legislation National Security

WilmerHale

China Amends Its Anti-Money Laundering Law

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China’s draft Amended Anti-Money Laundering (AML) Law1 (AML Law) was submitted to the Standing Committee of the National People's Congress (NPC) on September 10 for the second of what are generally three readings....more

Holland & Knight LLP

Holland & Knight Defense Situation Report: September 2024

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Welcome to Holland & Knight's monthly defense news update. We are excited to bring you the latest in defense policy, regulatory updates and other significant developments. ...more

Stikeman Elliott LLP

Passage of Bill C-34: An Overhaul of Canada’s Foreign Direct Investment Regime

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With the passage through Parliament of Bill C-34 on March 22, 2024, long contemplated changes to Canada’s foreign investment review regime are set to dramatically overhaul Canada’s FDI framework. ...more

Robinson+Cole Data Privacy + Security Insider

U.S. House of Representatives Passes Bill to Ban TikTok Unless Divested from ByteDance

Yesterday, with broad bipartisan support, the U.S. House of Representatives voted overwhelmingly (352-65) to support the Protecting Americans from Foreign Adversary Controlled Applications Act, designed to begin the process...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #391 – Potential Ban on TikTok in US Follows Ban in Other Countries

The bill that passed in the U.S. House of Representatives potentially banning TikTok’s use in the U.S. is not a novel idea. The federal government has already banned TikTok’s use for federal employees, some states have banned...more

Womble Bond Dickinson

Non-U.S. Citizens and Foreign Adversaries: Proposed South Carolina Legislation With Potential to Significantly Impact Foreign...

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A bill pending in the South Carolina House of Representatives proposes to significantly restrict land ownership in the state by certain foreign citizens or companies controlled by nations deemed adverse to U.S. security...more

Goodell, DeVries, Leech & Dann, LLP

The Protecting American Intellectual Property Act

The bipartisan Protecting American Intellectual Property Act was passed by the U.S. Senate and House of Representatives and sent on to President Biden for signature. Although the bill proclaims to protect intellectual...more

McDermott Will & Emery

[Webinar] 2022 Enforcement Outlook Webinar Series - Managing AML Risk Under Heightened Scrutiny - May 10th, 12:00 pm - 1:00 pm EDT

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To help you stay up-to-date on the enforcement trends impacting your organization’s compliance strategy, McDermott is pleased to invite you to the 2022 Enforcement Outlook webinar series, which covers key areas of enforcement...more

Torres Trade Law, PLLC

Congress Contemplates Committee to Review Outbound Investment

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On February 4, 2022, the House of Representatives passed the National Critical Capabilities Defense Act of 2021 (“NCCDA”) as part of the much larger America Creating Opportunities for Manufacturing, Pre-Eminence in...more

Clark Hill PLC

Window on Washington – Vol. 5, Issue 51

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Outlook for This Week in the Nation’s Capital Congress. The House and Senate are both in recess for the rest of the year. The Senate is expected to return on Jan. 3, and the House on Jan. 10. Congress managed to push through...more

Dorsey & Whitney LLP

UK To Adopt New Powers Over M&A Activity To Protect National Security

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Draft legislation, which is currently being debated in the UK Parliament, will introduce a new regime granting the UK Secretary of State robust powers to review, vary or block acquisitions which may pose a risk to the...more

BCLP

UK National Security & Investment Bill - the Potential Ramifications for Insolvency Practitioners

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The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more

BCLP

UK National Security & Investment Bill - the Potential Ramifications for Real Estate Transactions

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The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more

Akin Gump Strauss Hauer & Feld LLP

The Unfolding Shape of the New National Security Law for Hong Kong

Following the decision taken by China’s National People’s Congress to adopt a new national security law (the “Security Law”) for the Hong Kong Special Administrative Region (“Hong Kong”) on May 28, the Standing Committee of...more

Akin Gump Strauss Hauer & Feld LLP

New China National Security Law

The National People’s Congress in China has today adopted a resolution paving the way for a new national security law to apply to Hong Kong. The law is expected to focus on the prevention and punishment of secession, the...more

BCLP

New Sanctions Under Consideration in the Senate

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As we discussed in our last alert, Congress has exhibited increased willingness to consider imposing sanctions in order to advance US foreign policy interests. Multiple sanctions-related bills are currently under...more

WilmerHale

China Publishes Draft Export Control Law

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The Standing Committee of China’s National People’s Congress published the Draft Export Control Law (Draft ECL) on December 28, 2019, with comments due by January 26, 2020.  The Draft ECL, if enacted in its current form,...more

Orrick, Herrington & Sutcliffe LLP

Ten Key Points About CFIUS And Export Control Reform

Congress has agreed upon two pieces of legislation soon to be signed by the President that will provide for a major expansion in the (i) screening by the Committee on Foreign Investment in the United States ("CFIUS") of...more

Hogan Lovells

CFIUS legislation takes final form, moves closer to president’s desk

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Congress has moved closer to expanding the jurisdiction and powers of the Committee on Foreign Investment in the United States (CFIUS), the U.S. interagency committee that conducts national security reviews of foreign...more

Sheppard Mullin Richter & Hampton LLP

Reform of Foreign Investment in the U.S.: France and Other Allied Countries Might be Exempt

The U.S. House of Representatives passed a bill on Tuesday, July 10, expanding and increasing the powers of the Committee on Foreign Investment in the United States (CFIUS). The bill is called the Foreign Investment Risk...more

Sheppard Mullin Richter & Hampton LLP

On FIRRMA Ground: Congress to Restrict Foreign Investment and Expand Export Controls

This week, there were reports that the Trump Administration would use emergency powers to restrict Chinese investment in the United States. On Wednesday, the White House backed away from that position after the House of...more

Hogan Lovells

CFIUS reform clears another hurdle – legislation could be on President’s desk by August

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Driven by concerns of China’s acquisition of advanced U.S. technologies, the U.S. Congress is set to enact the most significant reform to the Committee on Foreign Investment in the United States (CFIUS) in over a decade....more

Dechert LLP

Senate Passes Substantial Changes to CFIUS and Votes to Re-Impose Sanctions on ZTE

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While the rules regarding CFIUS review have remained largely unchanged over the past decade, CFIUS has operated under a new paradigm in recent years. After the U.S. government blocked just two transactions from its inception...more

King & Spalding

Senate Intelligence Committee Approves Cybersecurity Bill

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The Senate Intelligence Committee on June 8th voted 12-3 to approve a cybersecurity bill authored by Senate Intelligence Committee Chairman Dianne Feinstein (D-CA) and Vice Chairman Saxby Chambliss (R-GA). S. 2588, the...more

Mintz

Energy & Environment Update - July 2014 #3

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In This Issue: - Commerce Department Action on Solar Trade Case - Energy and Climate Debate - Congress - Administration - Department of Agriculture - Department of Commerce -...more

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