Clifford Chance

Final Rule Codifies NISPOM with Updates into CFR

March 29, 2021

Recent actions of the U.S. government focus on protecting U.S. national security through safeguarding U.S.-based technologies and information from foreign misappropriation. For instance, a recent number of U.S. policies and regulations have sought to deny China access to U.S. export-controlled items and technologies. Please see here and here for analysis of recent U.S. export restrictions towards China. Additionally, legislative and regulatory changes that expand the type of transactions under the jurisdiction of the U.S. Committee on Foreign Investment in the United States, are also designed to protect national security sensitive U.S. businesses and technologies from foreign exploitation. Please see here and here for analysis of recent updates to CFIUS.

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