Wednesday, Oct 28 – Key Compliance Challenges in 2020 and Beyond
Posted: 01 of October
A “Must Attend” Event.
This topic is a MUST for all government contractors!
Don’t miss this 1-hour webinar on October 28!
Key Compliance Challenges in 2020 and Beyond: The impact of new FAR Requirements Regarding Contractor Use of Chinese Telecom Equipment (FAR 52.204-24 through 26) and new CFIUS Restrictions on Foreign Investments in U.S. Critical Technology Companies.
McCarter & English attorneys Dan Kelly and Zack Hadzismajlovic examine two important regulatory changes affecting global trade that could have a significant impact on your business. First, the experts take on recent changes to the Federal Acquisition Regulation that prohibit all companies in the government supply chain from using telecommunications and video-surveillance equipment and services from a growing list of Chinese companies. Yes, you heard that right. Any company that sells anything to the Government, either directly as a prime contractor or indirectly through the supply chain, will lose its Government market share, if it uses these products from the published list of Chinese companies. Due diligence will be essential because the changes come with a certification of compliance. Second, the experts address new mandates by the Committee on Foreign Investment in the United States (CFIUS) which impose a disclosure and approval regime for certain foreign investments in any U.S. business which develop, design and/or produce critical technologies regulated by ITAR, EAR and other export control laws and regulations. This rule creates greater hurdles for established and early stage companies courting foreign investors whose products and services include critical stage technology. Knowledge is key! The experts will review steps that must be taken before any planned acquisitions or equity additions involving foreign buyers or investors.
Time: 9:00 – 10:00 AM (EDT)
Where: Online Webinar
CMBOK Competency: 3.4, “Regulatory Compliance”