The Italian Golden Powers Rules have intricate and unique features and broad-reaching effects, which set them apart from other foreign investment control regimes in the EU. For example, a notification requirement may apply to EU as well as national buyers in certain instances and may apply to Italian companies operating in sectors deemed of strategic importance for national interests and holding strategic assets (Strategic Companies) whose assets in Italy consist merely of a contract of strategic importance for national interests. Continue Reading
US Export Controls Workshops in the UK – June 27-29, 2022
For the past 14 years, we have jointly hosted a successful annual workshop series on US export controls regulations with EGADD. In celebration of its 15th anniversary, this June’s workshop will also be organized in close partnership with BAE Systems, a major, multinational company that has considerable practical experience in dealing with the challenges arising from ITAR and EAR compliance.
BIS Proposes New US Export Controls on Marine Toxins
On May 23, 2022, the US Commerce Department’s Bureau of Industry and Security (BIS) published in the Federal Register a proposed rule and request for comments. This proposed rule seeks to amend the Export Administration Regulations (EAR) (15 CFR parts 730-774) by adding four dual-use biological toxins to Export Control Classification Number (ECCN) 1C351 on the Commerce Control List (CCL). The proposed rule also would identify the synthesis and collection of these toxins for evaluation as “emerging and foundational technologies” according to the criteria in Section 1758 of the Export Control Reform Act of 2018 (ECRA).
Now and Next Podcast Series: Russia/Ukraine Conflict
In our Now & Next podcast series, we spotlight the “Now” (the ongoing global responses to the conflict and crisis in Ukraine) and the “Next” (the immediate- and long-term rippling effects of those responses), as well as what businesses should do now and next to navigate the situation and mitigate their risk exposures.
Matthew Kirk, the host of Now & Next, focuses on the following topics in the first few episodes of the series: Continue Reading
Pending CFIUS Filing: Telefonaktiebolaget LM Ericsson and Vonage Holdings Corp.
STATUS: Pending
Acquirer: Telefonaktiebolaget LM Ericsson (Sweden)
Acquired: Vonage Holdings Corp. (US)
Value: US$6.2 billion
Industry Tags: Telecommunications
Ukraine Crisis: Global Sanctions Developments – Updated April 22, 2022
In light of the current conflict and crisis in Ukraine, we are tracking the evolving sanctions imposed by several governments on Russia and Russia-aligned regions and certain individuals. The jurisdictions in focus are: EU, Japan, Republic of Korea, UK and US.
Latest Developments: Continue Reading
Japan Actions on Russia and Russia-related Sanctions
The government of Japan has responded to the conflict in Ukraine with the following sanctions measures (listed by date, beginning with most recent). With relevant developments, we will update this post on a weekly basis.
Additional jurisdictions we are tracking include: EU, Republic of Korea, UK and US. Continue Reading
UK Actions on Russia and Russia-related Sanctions
The UK has responded to the conflict in Ukraine with the following sanctions measures (listed by date, beginning with most recent). With relevant developments, we will update this post on a weekly basis.
Additional jurisdictions we are tracking include: EU, Japan, Republic of Korea and US. Continue Reading
EU Actions on Russia and Russia-related Sanctions
The EU has responded to the conflict in Ukraine with the following sanctions measures (listed by date, beginning with most recent). With relevant developments, we will update this post on a weekly basis.
Additional jurisdictions we are tracking include: Japan, Republic of Korea, UK and US. Continue Reading
US Actions on Russia and Russia-related Sanctions
The US has responded to the conflict in Ukraine with the following sanctions measures (listed by date, beginning with most recent). With relevant developments, we will update this post on a weekly basis.
The latest developments occurred on April 1 and April 6.
Additional jurisdictions we are tracking include: EU, Japan, Republic of Korea and UK.
