In late April 2024, the U.S. enacted the 21st Century Peace through Strength Act. In addition to approving aid for Israel, Taiwan and Ukraine and advancing other U.S. policy objectives, the 21st Century Peace through Strength Act establishes the Protecting Americans’ Data from Foreign Adversaries Act of 2024 (the “Act”), which prohibits “data brokers” from making available personally identifiable sensitive data of U.S. individuals to “foreign adversary countries” — namely, North Korea, the People’s Republic…
On February 28, President Biden issued Executive Order 14117 (the EO) directing the US Attorney General and other agencies to promulgate regulations that restrict and, in some cases, prohibit transactions that might involve the sharing of sensitive personal data and government-related data with “countries of concern” (currently China, including Hong Kong and Macau, Russia, Iran, North Korea, Cuba, and Venezuela). In tandem, the Department of Justice (DoJ) issued an Advance Notice of Proposed Rulemaking (ANPRM)…
The US Department of Treasury issued the final CFIUS/FIRRMA regulations on its foreign investment on 13 January 2020, effective 13 February 2020. While it is far from the only country that has re-examined its stance on foreign direct investment, this move by one of the biggest economies worldwide has made a discussion on the topic timely, if not necessary. In this episode of TMT Talk, Lothar Determann, Anahita Thoms, and Rod Hunter share their views on the policies that…