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EU Adopts CFIUS-like Framework for Sake of National Security – Regulation Approved by the Council of EU

UPDATE: On March 5, 2019, the Council of the EU approved the Regulation establishing a framework for screening of foreign direct investments into the EU. As further explained below, the Regulation facilitates enhanced cooperation and exchange of information between EU member states and the European Commission. The Regulation could affect businesses and investors, as well as their interactions with government entities at … Continue Reading

Get Your Business Ready for Brexit

With continuing uncertainty, there is still a lack of clarity on what the final Brexit arrangements between the UK and the EU will look like. Many companies have been planning for the implications of Brexit for some time, and some still need to consider how Brexit may affect their operations. Both the UK government and … Continue Reading

US Government Contracts Quick Hit Briefing: Small Business Runway Extension Act Becomes Law, Yet Implementation Halted by Government Shutdown

On December 17, 2018, President Trump signed into law the Small Business Runway Extension Act of 2018 (HR 6330) (the Act), which modifies the period to measure small business size status from three fiscal years of average annual receipts to five fiscal years.… Continue Reading

How Do You, Your Suppliers and Customers Fare as Trade Tensions Escalate?

UPDATE: The Tariff Book was updated again on December 17, 2018. Changes were made to the US section. How To Use The Tariff Book Because there is so much information included in this Tariff Book, we have made the document fully searchable. The information provided in this book comes from number of different sources, some of which are … Continue Reading

OFAC Offers Temporary Extension of Ukraine-related General Licenses

On September 21, 2018, OFAC extended certain Ukraine-related general licenses. OFAC issued General License No. 13D authorizing certain transactions necessary to divest or transfer debt, equity, or other holdings in listed blocked persons. OFAC also issued General Licenses No. 14A and 16A, which authorize certain activities necessary to the maintenance or wind down of operations or existing contracts with 1) United … Continue Reading

BIS Announces Revisions to Export Administration Regulations (EAR)

On August 30, 2018, the Bureau of Industry and Security (BIS) published in the Federal Register a final rule titled, “Revisions to the Export Administration Regulations Based on the 2017 Missile Technology Control Regime Plenary Agreements.” This new final rule amending the EAR reflects changes to the Missile Technology Control Regime (MTCR) Annex pursuant to the October 2017 agreement by the … Continue Reading
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