US Senate Committee Passes Legislation to Prohibit Agencies from Awarding Contracts to Consulting Firms That Also Work for China and Other Countries | Mayer Brown jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
On May 10, 2024, OFAC issued an IFR that would amend its Reporting, Procedures and Penalties Regulations at 31 C.F.R. Part 501 to, among other things, .
Three Biopharma firms disclosed concerns about how emerging geopolitical tensions between the U.S. and China might impact their business with the contract manufacturer.
The measure is part of a package that would both tax Chinese dividends at higher rates and require more disclosure for securities with exposure to China.