Regulation

Demystifying the ICTS Supply Chain Rule

STEPTOE: OUTSIDE COUNSEL

In January 2021, the Commerce Department published an interim final rule entitled “Securing the Information and Communications Technology and Services Supply Chain,”1 which implements a Trump admin­istration executive order2 directing the Department to create a review process for certain transactions involving information and communications technology or services (“ICTS”) linked to “foreign adversaries”.

What’s the goal of this new rule?

The rule authorizes Com...

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