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As technology continues to rapidly evolve and governmental regulations struggle to keep up with its development, multinationals are left wondering how to manage technological developments and foreign investments in the face of emerging controls. We’re exploring how companies can adjust to government regulations impacting the development of their technologies and what affect, if any, any such technology has on national security.
Joining host Michael Cohen for this conversation is Reid Whitten. Reid is the Managing Partner of Sheppard Mullin's London office, practicing in international trade regulations and investigations. He shares his time serving clients out of the Washington, D.C. office. Reid is a thought leader on cross-border business regulations. Reid is an Adjunct Professor of Law at the Université Catholique de Lille, in France, and at Wake Forest University in the U.S., where he teaches courses on the law of international business. He is the lead author and editor of The CFIUS Book and is the head of the firm's CFIUS Team.
What We Discussed in This Episode:
- What led to the publication of the CFIUS book?
- Is there a connection between the uptick in nationalism in many countries all over the world and the increase in national security when it comes to foreign investments?
- Has technology become the new national security concern in some countries?
- What affect has the Foreign Investment Risk Review Modernization Act (FIRRMA) had on CFIUS?
- How does CFIUS impact foreign investments? What obstacles does it create for investors?
- How will governmental regulations burden technological development in the U.S.?
- Is technology developing too quickly for government regulations to keep up with?
- Will the government’s attempt at regulations steer investments outside of the U.S.?
- Are governments in other countries also seeking to implement controls regarding technological advancements?
- How can multinationals plan for an environment of increased restrictions?