On October 25, 2022, the U.S. Department of Treasury released the CFIUS Enforcement and Penalty Guidelines (the “Guidelines”). Such Guidelines are a new step in the evolving development of CFIUS review procedures after the expansion of its staff and funding under the Consolidated Appropriations Act in March 2022…
Department of Defense updated its Section 1260H list
On October 5, 2022, U.S. Department of Defense releases a new list of People's Republic of China (PRC) Military Companies – as required under Section 1260H of the National Defense Authorization Act for Fiscal Year 2021 (NDAA 2021).
As the competition of trade between China and the U.S. grows more intense, the U.S. government has adopted more targeted policy measures in the fields of information and communications technology, infrastructure and scientific research in order to further protect its national security interests…
