Cfius

CFIUS Turns an Eye Toward Data Privacy

CFIUS Expands Its Reach Foreign investors in US businesses have a new set of data privacy regulations to comply with if they wish to avoid post-closing investigations or divestment. On February 13, the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA) took effect. This act increases the authority of the Committee on Foreign Investment…
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GDPR And Pirvacy Shield

Schrems 2.0: What it Means for EU-US Data Transfers and the Future of the Privacy Shield

Schrems 2.0 is a court case with a complex history. It all began when an Austrian privacy activist, Max Schrems, filed a formal complaint against Facebook back in 2013. This original filing, – Schrems 1.0 – was brought to the Irish Data Protection Commissioner and alleged that Facebook violated the rights of EU citizens by…
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