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1 month ago | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
On February 21, 2025, President Trump issued the America First Investment Policy Memorandum, which emphasizes the U.S. commitment to a strong, open investment environment while reshaping the U.S. government’s policy towards inbound and outbound investment.
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1 month ago | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
Key Takeaways On January 8, 2025, the DOJ published a final rule prohibiting and restricting certain transactions that could allow persons from countries of concern, such as China, access to bulk sensitive personal data of U.S. citizens or to U.S. government-related data (regardless of volume).
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2 months ago | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
Key Takeaways On January 8, 2025, the DOJ published a final rule prohibiting and restricting certain transactions that could allow persons from countries of concern, such as China, access to bulk sensitive personal data of U.S. citizens or to U.S. government-related data (regardless of volume).
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2 months ago | 
mondaq.com | Laura Black |Christian Davis
AG Akin Gump Strauss Hauer & Feld LLP More Akin is a law firm focused on providing extraordinary client service, a rewarding environment for our diverse workforce and exceptional legal representation irrespective of ability to pay. The deep transactional, litigation, regulatory and policy experience we bring to client engagements helps us craft innovative, effective solutions and strategies.
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2 months ago | 
jdsupra.com | Laura Black |Christian Davis
Navigating the complex landscape of foreign investment review is crucial for private equity (PE) firms operating in an international landscape. Foreign Investment into the United States: CFIUSThe Committee on Foreign Investment in the United States (CFIUS) continues to be aggressive, maintaining a high volume of reviews and more frequently taking action to address identified national security risk. In particular, the following developments affect PE funds: Foreign Limited Partners.
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Nov 25, 2024 | 
jdsupra.com | Laura Black |Christian Davis |Jingli Jiang
[co-author: Eveline Liu] Treasury has issued a Final Rule to implement President Biden’s 2023 EO targeting U.S. investments in Chinese companies engaged in certain activities related to semiconductors, quantum computing or AI. Once the Final Rule becomes effective on January 2, 2025, U.S. persons will be prohibited from engaging in certain transactions in these sectors involving China or Chinese persons, while others will require a notification to the U.S. government.
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Nov 11, 2024 | 
jdsupra.com | Laura Black |Christian Davis |Natasha Kohne
[co-author: Elizah Stein]Key Takeaways On October 29, 2024, the DOJ issued a proposed rule prohibiting and restricting certain transactions that could allow persons from countries of concern, such as China, access to bulk sensitive personal data of U.S. citizens or to U.S. government-related data (regardless of volume).
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Oct 24, 2024 | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
[co-author: Eveline Liu]The Committee on Foreign Investment in the United States (CFIUS) continues to aggressively utilize and expand its authority to address national security risks related to foreign investment into the United States: CFIUS has increased its enforcement activity and recently disclosed that it had issued three times as many penalties in the prior 18 months as it had in the prior 30 years, including a penalty of $60 million for violations of a mitigation agreement.
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Jul 2, 2024 | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
Key Points The Department of the Treasury has issued proposed regulations to implement President Biden’s 2023 EO targeting U.S. investments in Chinese companies engaged in certain activities related to semiconductors, quantum computing or AI. Once the regulations become effective, U.S. persons will be prohibited from engaging in certain transactions involving China or Chinese persons in these sectors while others will require a notification to the U.S. government.
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Jun 25, 2024 | 
jdsupra.com | John Babcock |Laura Black |Christian Davis
On April 24, 2024, President Biden signed into law H.R. 815, a national security and foreign aid package which includes the “Protecting Americans’ Data from Foreign Adversaries Act of 2024” (“PADFA”). The Act establishes new restrictions, as unfair or deceptive acts regulated by the Federal Trade Commission (FTC), on transfers of certain personally identifiable sensitive data to foreign adversary countries and entities controlled by a foreign adversary. The law will take effect on June 23, 2024.
