Please join us for an update from our Supply Chain and Forced Labor team on the current state of the Uyghur Forced Labor Prevention Act (UFLPA), U.S. Customs and Border Protection (CBP) withhold release orders (WRO), findings, and how to successfully modify a WRO, submit WRO detention responses that work, and the timeline to have
Preparing for the “Surge”: Enhanced Corporate Enforcement is Coming
After a predictable lull in corporate enforcement actions during the recent transition between administrations, and following a near quarter-century low in such actions under the previous administration, the Department of Justice (“DOJ”) announced this week that a “surge” of corporate enforcement is coming. Recent comments from DOJ officials indicate that, in addition to a significant
China Releases “Fact Sheet” on U.S.’ Interference in Hong Kong
On September 24, 2021, the Chinese Ministry of Foreign Affairs (“MFA”) released the Fact Sheet: U.S. Interference in Hong Kong Affairs and Support for Anti-China, Destabilizing Forces (“Fact Sheet”) which sets out a comprehensive chronological list of events detailing the United States’ interference in Hong Kong. Click here to read the official translation of the
U.S. Government Issues Business Advisory – Warns Companies About Risks of Doing Business in Hong Kong
On July 16, 2021, several U.S. government agencies issued a business advisory highlighting for U.S. companies the risks of doing business in Hong Kong. The advisory, which was issued by the Departments of Commerce, Homeland Security, State, and the Treasury, stated that companies operating in Hong Kong face potential regulatory, financial, legal, and reputational risks
China Releases Guidelines on How to Develop Export Control Compliance Programs
On April 28, 2021, the Ministry of Commerce of China (“MOFCOM”) released an updated version of Guiding Opinion of the Ministry of Commerce on the Establishment of Internal Compliance Mechanism for Export Controls on Exporters of Dual-Use Items (“Order No. 10”) which was first published in August 2007 (“Order No. 69”). As an implementing rule
Vietnam Section 301 Currency Report
On January 15, 2021, The U.S. Trade Representative (USTR) released a Section 301 report on Vietnam’s currency valuation practices. The report follows the conclusion of public hearings and submission of rebuttal comments in late December of 2020 and early January of 2021.
Notably, USTR’s press release states that “ USTR is not taking any specific
National Security: Executive Order Prohibits Transactions with Eight Chinese Software Applications
On January 5, 2021, President Trump issued an Executive Order prohibiting transactions “with persons that develop or control” eight “Chinese connected software applications”, including Alipay, CamScanner, QQ Wallet, SHAREit, Tencent QQ, VMate, WeChat Pay, and WPS Office (the “order” or the “EO”). The prohibitions, which also apply to subsidiaries of the software developers, would go
China Issues Rules Governing National Security Reviews of Foreign Investment
On December 19, 2020, China’s National Development and Reform Commission (“NDRC”) and Ministry of Commerce (“MOFCOM”) released anticipated “Measures for the Security Review of Foreign Investments” (the “Measures”). These Measures, which implement China’s Foreign Investment Law that went into effect on January 1, 2020, and established the country’s new foreign investment regulatory framework, are effective
USTR Launches Section 301 Investigation Targeting Imports from Vietnam
On Friday, October 2, 2020, the United States Trade Representative (USTR) announced that, at the direction of the President, a two-part investigation is being initiated into Vietnam under Section 301 of the Trade Act of 1974. USTR, in conjunction with the Department of the Treasury, will review policies related to the import and use of
China Customs Targets Key Industries in Latest Transfer Pricing Enforcement Initiative
Transfer pricing is a major enforcement priority of China Customs in 2020. In April 2020, China Customs launched a national enforcement action to investigate and audit import transactions between related companies. More than 1000 multinational companies have received notices from China Customs requesting information on their transfer pricing policies and activities.
- Who will be impacted?