CFIUS – Upping the Ante Article written by Sarah Wong of Asian Legal Business. Republished with consent of journalist. As the United States and China remain locked in a trade standoff, U.S. President Joe Biden has ushered in a fresh set of criteria on foreign investment review on the grounds of national security in a…

The Foreign Corrupt Practices Act An Executive Summary Recent months have seen a resurgence in interest in the Foreign Corrupt Practice Act (FCPA) and related matters as a result of enforcement activity that have yielded significant fines, penalties, and disgorgements. In one instance, a company had to pay a $700 million settlement to resolve FCPA…

While non-disclosure agreements provide some protections, they come with significant limitations that young companies and entrepreneurs are not aware of. Here are 7 ways you can improve your position. Infographic: Your NDA Likely Won’t Protect You Dror Futter focuses his practice on startup companies and their investors and has worked with a wide range of…

The FTC is holding company executives personally accountable for data breaches as part of an aggressive effort to protect consumer data In a policy shift, the Federal Trade Commission (FTC) is targeting company executives in what it has described as “part of [its] aggressive efforts to ensure that companies are protecting consumers’ data and that…

The SEC’s Division of Examinations has recently issued a risk alert regarding the revised Marketing Rule (Rule 206(4)-1). The compliance date for the Marketing Rule is November 4, 2022 (Compliance Date). As of the Compliance Date, investment advisers may no longer choose to comply with the previous advertising and cash solicitation rules. Registered investment advisers,…

The Committee on Foreign Investment in the United States (“CFIUS”) is an interagency committee chaired by the Secretary of the Treasury that screens certain foreign investments or acquisitions of U.S. businesses or real estate to determine if they could impair US national security. If CFIUS determines that it has jurisdiction and that a transaction raises…

A few notes from the recently held American Bar Association Business Law Section Annual meeting, where we heard from two key decision-makers from the Securities and Exchange Commission: First, last Wednesday, Hester Peirce, a Commissioner from the U.S. Securities and Exchange Commission spoke at the Blockchain, Cryptocurrencies and Investment Management Task Force Meeting. I was…

Rimon attorneys Rodrigo Castillo Cottin, Ana Maria Lopez and Alejandra Becerra have co-authored the Colombia chapter of Chambers and Partners Private Wealth 2022 guide. The guide provides detailed analysis of the latest private wealth legal developments in Colombia, with a specific focus on recent and upcoming tax reform, and how it could impact businesses, investors,…

Germany’s amended Verification Act catapult the country back into the Middle Ages The latest amendments introduced by the German Federal Ministry for Labor (BMAS) to the “Nachweisgesetz“/NachweisG will transform Germany back into the age of hard copies and wet ink. The law to amend the act on notification of conditions governing an employment relationship came into…

On 27 July 2022, the Federal Cabinet passed the revised draft German Whistleblower Act (HinSchG). In early April 2022, we reported about the delayed activities of the German Government to implement the EU directive 2019/1937 into national law. Now – at last – the German Government has passed the Bill and after the summer break…