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International Trade Law Compass

International Trade Law Compass provides insightful analysis of important news and developments in international trade law from the attorneys of Fox Rothschild's International Trade Practice Group. Our blog provides updates on a broad range of international trade issues, including customs/import compliance, export controls and sanctions, the Foreign Corrupt Practices Act (FCPA) and cross-border contracts.

FCPA

Business in a Global Society: A Guide to Understanding the Foreign Corrupt Practices Act

This complimentary e-book, written by Patrick J. Egan, co-chair of the International Trade Practice Group,  provides a complete overview of the FCPA, from the law's legislative origins to current enforcement trends. Business in a Global Society: A Guide to Understanding the Foreign Corrupt Practices Act includes a detailed rundown of the FCPA's anti-bribery and accounting provisions as well as helpful compliance advice.

CFIUS

New Foreign Investment Restrictions on the Horizon in Tech, Infrastructure and Data

U.S. companies in tech, infrastructure and data seeking foreign investment will require approval from the Committee on Foreign Investment in the United States (CFIUS) before closing certain transactions. The U.S. Department of the Treasury, on September 17, 2019, issued proposed regulations to implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).

Foreign Investment Pilot Program Adds New Mandatory Filings

Under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), the Committee on Foreign Investment in the United States (CFIUS) enacted a pilot program expanding the scope of transactions subject to its review to include certain non-controlling investments made by foreign persons in U.S. businesses involved in critical technologies, including mandatory declarations for covered transactions.