Senate Bill to Combat ISIS Targets “Jurisdictions of Terrorism Financing Concern”

On February 13, 2017, Senator Bob Casey (D-PA) introduced in the Senate the “Stop Terrorist Operational Resources and Money Act” (the “STORM Act”). The purpose of the STORM Act is to “establish a designation for jurisdictions permissive to terrorism financing, to build the capacity of partner nations to investigate, prosecute, and hold accountable terrorist financiers, Read More …

Trump’s Foreign Policy May Further Strain Foreign Correspondent Banking (Derisking)

Download PDF Foreign correspondent banking relationships (FCBRs) have come under strain in recent years as major global and regional banks have de-risked from FCBRs that have posed (or have been perceived to pose) more legal risk and administrative costs than commercial benefits. The de-risking trend and its resulting diminishment of access to legitimate financial services by individual Read More ...

Public Hearing: Chinese Investment in the United States: Impacts and Issues for Policymakers

  On January 26, 2017, the U.S.-China Economic and Security Review Commission will hold a public hearing on Chinese Investment in the United States: Impacts and Issues for Policymakers. This hearing follows the Commission's November 2016 Annual Report to Congress, in which the Commission recommended, among other things, a bar on investment in the United States Read More ...

After Election 2016: 5 Legal and Business Issues to Watch in 2017

Download Infographic The dismantling of Obama-era laws and regulations, broader deregulation, and economic and political nationalism were and remain themes of the 2016 U.S. Election and presidential transition period. Donald Trump and members of the incoming Republican-controlled Congress have singled out for repeal or significant modification the Affordable Care Act (aka “Obamacare”) and the Dodd-Frank Read More ...

After Election 2016: 5 LEGAL AND BUSINESS ISSUES TO WATCH IN 2017

After Election 2016: 5 LEGAL AND BUSINESS ISSUES TO WATCH IN 2017 Download Infographic The dismantling of Obama-era laws and regulations, broader deregulation, and economic and political nationalism were and remain themes of the 2016 U.S. Election and presidential transition period. Donald Trump and members of the incoming Republican-controlled Congress have singled out for repeal Read More ...

Proposals to Curb Foreign Investment in the United States May Be Gaining Steam After the U.S. Election

Pre- and Post-Election Scrutiny of Foreign Investment in the United States, Particularly by Chinese and Other State-Owned Enterprises Major acquisitions of U.S. businesses by foreign firms have in recent years garnered increasing attention and push back in the United States. Acquisitions of U.S. businesses by state-owned enterprises (SOEs), particularly Chinese-owned, and their subsequent commercial activities Read More …