Paul SimsMatt Coyle

Aug 20, 2024 | jdsupra.com | Paul SimsMatt Coyle |Matt Lapin |Nazak Nikakhtar

The U.S. Department of Commerce’s Bureau of Industry and Security (BIS) recently issued two proposed rules that substantially increase the scope of controls under the Export Administration Regulations (EAR) applicable to certain foreign military, intelligence, and security end users and end uses, including broadening the scope of covered U.S. person activities and significantly expanding the items and countries covered by such controls.

Jul 19, 2024 | jdsupra.com | Daniel R. Brooks |Paul SimsMatt Coyle |Matt Lapin

​[co-author: Christopher Abbott]On July 8, the U.S. Department of the Treasury (Treasury) issued a Notice of Proposed Rulemaking (NPRM) that would expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to review purchases, leases, and other real estate transactions involving foreign persons.

Jul 16, 2024 | jdsupra.com | Daniel R. Brooks |Paul SimsMatt Coyle |Matt Lapin

An August 4 deadline is fast approaching for comments to the U.S. Department of the Treasury’s Notice of Proposed Rulemaking (NPRM) that was issued June 21. The NPRM will restrict, for national security purposes, specific types of outbound U.S. investments involving certain technologies and products in countries of concern (currently, the People’s Republic of China (PRC), along with the Special Administrative Region of Hong Kong and the Special Administrative Region of Macau).

Jun 24, 2024 | jdsupra.com | Paul SimsMatt Coyle |Matt Lapin |Nazak Nikakhtar

The Biden Administration’s recent expansion of sanctions and export controls to counter Russian aggression will impact non-U.S. financial institutions and increase compliance risks for the business software sector and other critical industries.

May 17, 2024 | jdsupra.com | Daniel R. Brooks |Paul SimsMatt Coyle |Nazak Nikakhtar

On May 13, 2024, President Biden took the rare step of issuing a Presidential decision ordering the divestment of Chinese-owned real estate located near the Francis E. Warren Air Force Base (Warren AFB) in Wyoming and the removal of all equipment and improvements at the property.