ARTICLE · 27 APRIL 2021

Input Sought On Licensing Mechanism For ICTS Transactions Involving "Foreign Adversaries"

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The U.S. Department of Commerce (Commerce) recently announced its "apparent" need for public comment on key aspects of a mechanism that would license or preclear certain information and...

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Andrew McAllister

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Highlights

The U.S. Department of Commerce's advanced notice of proposed rulemaking calls for public comment on key aspects of a mechanism that would license or preclear certain information and communications technology and services (ICTS) transactions involving entities with ties to "foreign adversaries."
The public has until April 28, 2021, to file comments.

The U.S. Department of Commerce (Commerce) recently announced its "apparent" need for public comment on key aspects of a mechanism that would license or preclear certain information and communications technology and services transactions (ICTS) transactions involving entities with ties to "foreign adversaries" (presently, China (including Hong Kong), Russia, Iran, North Korea, Cuba and Venezuela).¹

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