Carolyn Lee PLLC’s Post

Orrick assessment of proposed CFIUS rules. A leap in the progression of CFIUS from merely a transaction-screening body to a more conventional regulatory and enforcement body. https://lnkd.in/dARuwJVr

✳️ #BlendedFinance is an absolute necessity to achieve the #SDGs—which is why it was called for in the #DPoA. 🇺🇳 As the only entity in the United Nations system with a unique investment mandate and a primary focus on the #LDCs, UNCDF is ready to play its proper role in realizing the DPoA.

Every organisation is looking for a way to save serious amounts of time on regulatory compliance.   At tlmNexus we have created a digital tool called EDB (Evidence Document Builder). It enables compliance teams always to be up to date and ready for a compliance audit, using far less time than currently.   EDB is simple to use, and there is nothing in the Defence space like it.   Once configured to an organisation's particular compliance requirement/s, it cuts through the complexity of having to update hundreds of changes to multiple documents residing in various places in the system.   When a core document is updated, the system alerts the user to review their compliance evidence statement wherever it is linked to that change.   There are many other aspects of EDB which will benefit your organisation. Find out more https://lnkd.in/eMB4PuYt #digitisingcompliance #compliancesystem #safetyandcompliance #militaryequipment

Given CFIUS’ increased enforcement, compliance and rulemaking activity, the stakes for conducting thorough CFIUS due diligence in the early stages of a transaction and anticipating the concerns of CFIUS remain as high as ever. https://bit.ly/4i3yhL0

There are two important exceptions to the TCPA’s DNC rule of which callers should be aware. One involves the called party’s prior express invitation or permission. The other involves having an established business relationship with the called party. You can read more about those crucial exceptions here: https://bit.ly/3VtyI7R #TCPA #DNC #RothJackson #RVA

For many, the issuance of the #CMMC #finalrule was a relief. Yet, it’s easy to forget how close we came to inaction. I often joke there must be someone at #DODCIO who’s fueled by a picture of an #F35/J-20, motivating him with rage to ensure adversaries can't reverse-engineer American ingenuity from unclassified bits ever again. So, I was dismayed to learn that the plan allows foreign #C3PAOs and #CCAs to audit members of the American #DIB. While I have no doubt that international companies could perform well, my concerns are threefold: Ownership and Enforcement: We will lack visibility on ownership of and influence on of auditing firms. Abroad seemingly legitimate company could easily become a front for adversaries, and even if we uncover this, we would struggle to address the damage. Understanding of Alliances: Alliances are complex and frequently even among our most trusted it can be difficult to find common ground. For instance, two #NATO allies with close ties to Russia might still have CCAs and C3PAOs working on American DIB members. I have not seen how either the #CyberAB or #DoD intend to address the issue. Cost Competition: Foreign competition will certainly offer lower prices which may drive down costs. Naturally smaller members of the DIB - those most sensitive to cost - will seek out those options. Conversely, smaller financially strapped firms may also be most risk for exploitation by an adversary. Finally, there's no reciprocation; there's no equivalent to CMMC among our allies. Even if there were, the value seems limited. For example, Canadian C3PAOs could access over 200,000 American DIB companies while Canada has only about 700 DIB firms - most of whom are Canadian subsidiaries of American companies in the first place! Ultimately, if CMMC aims to protect #FCI and #CUI from adversaries, making it easier for them to understand our systems undermines that goal.

Learn how the 32 CFR rule establishes the CMMC program and its forthcoming rollout in this update from Forvis Mazars US: https://lnkd.in/ecqAzn7e

Learn more about #MDSAP from Lara Alina Schöllbauer, Technoclone, at our Regulatory Affairs Conference focusing on medical devices and in-vitro diagnostics in Vienna this week -> seminar A2. #REG24

ITCI is unique among peers in that we are #Buisness #Consultancy with core strengths in #Cybersecurity and #InternationalBuisness #Risk. We understand that in our current and future business environments #Cyberrisk is Risk and all 'real-world' risks have cyber components. We help clients get the whole picture.

What is a TFSA and should you have one? Check out our latest blog. pkag.ca #TFSA https://bit.ly/3LXltan