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CFIUS, FIRRMA and ECRA? Making sense of alphabet soup on foreign investment screening and emerging technology controls

Arent Fox LLP

Description

12:30-1:30pm EST

This webinar will discuss how the US government is likely to implement the new laws on foreign investment screening and dual-use technology transfer. In particular, it will address the following questions:

  • What is the Committee on Foreign Investment in the United States (CFIUS) and how does it affect companies?
  • How does the Foreign Investment Risk Review Modernisation Act (FIRRMA) change CFIUS, and what was the intent behind this legislation?
  • How is FIRRMA likely to be implemented across key industries?
  • What do private sector entities need to know to reduce the risk of running afoul of CFIUS?
  • How does FIRRMA interact with the Export Control Reform Act (ECRA), particularly on emerging technologies?
  • Under ECRA, how will emerging technologies be identified and controlled?

Speakers

Dave Hanke
Partner, Arent Fox, Washington DC

While working on Capitol Hill, Dave Hanke was the lead staff architect of FIRRMA and was involved with the crafting of the ‘emerging and foundational technologies’ provisions of ECRA. These two laws, which modernised CFIUS and updated the export control system, were both enacted in August 2018 and draft implementing regulations are likely to be rolled out by the Treasury and the Department of Commerce sometime in 2019. This implementation will have an impact on all types of foreign investment and technology exports across multiple sectors, as the US government takes a broader view of national security and the need to better protect critical technology and infrastructure, sensitive personal data and real estate near sensitive locations.

Marwa Hassoun
Partner, Arent Fox, Los Angeles

Marwa Hassoun leads the international trade practice for Arent Fox on the West Coast and advises a diverse range of US and non-US companies and universities on international regulatory issues, including civilian and military export controls, economic sanctions, and anti-boycott regulations. Her practice runs the full gamut of complex export control and sanctions issues, including advising companies in conducting audits and investigations into alleged criminal and civil breaches of US trade control law, developing and enhancing trade compliance programmes, benchmarking best practices and advising on the impact of changes in US and international trade policy. Her experience includes advising clients in a broad range of commercial and defence industries that are and will be affected by the new regulations on emerging and foundational technologies.

Speakers


Marwa M. Hassoun
David Hanke

Details

Date
2 May 2019
Time
16:30 - 17:25 UTC
Duration
55 min
Language
English
Location
Online