The new year has already brought significant news for companies that do business with the U.S. government, and for those that trade in materials and technology that represent priorities for national security stakeholders. Our colleagues in the firm’s CFIUS practice thoughtfully analyzed the regulations implementing the Foreign Investment Risk Review Modernization Act, and other experts explained the impact of the “Phase I” trade agreement with China.
More supply chain security developments are in the works, including forthcoming rules to implement Section 889 of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 and Executive Order 13873, Securing the Information and Communications Technology and Services Supply Chain.
To understand the impacts on business operations, companies need to understand the nuances of the rules and the ways these fast-moving developments interact with each other. We created a map to summarize what we are calling the Supply Chain Security Constellation. It offers a brief history of recent activity and flags the upcoming actions that business leaders and compliance counsel should monitor.
We welcome the chance to discuss with impacted entities how these rules will affect particular supply chain management decisions and broader risk mitigation strategies.