On January 16, 2025, the US Department of Commerce’s Bureau of Industry and Security (BIS) published a final rule aimed at addressing national security concerns related to passenger vehicles sold or imported into the United States. Here are three key takeaways from this new regulation: - National Security Measures: The rule aims to mitigate national security risks by prohibiting the sale or import of passenger vehicles with certain hardware or software from entities associated with Russia or China. - Compliance Requirements: The rule applies to certain Vehicle Connectivity System (VCS) hardware and software, and to certain Automated Driving System (ADS) software, requiring a Declaration of Conformity, General Authorization, or Specific Authorization for vehicles under 10,001 lbs. - Implementation and Impact: The rule affects OEMs and their suppliers, with software prohibitions starting in 2027 and hardware prohibitions in 2030. It includes provisions for legacy software and hardware repairs, and may lead to relocation of manufacturing operations. To learn more, visit the following link. #NationalSecurity #Investigations https://lnkd.in/eYhQM3t2
Eversheds Sutherland’s Post
More Relevant Posts
-
Just another U.S. #nationalsecurity regulatory regime to consider! Check out our latest!
On January 16, 2025, the US Department of Commerce’s Bureau of Industry and Security (BIS) published a final rule aimed at addressing national security concerns related to passenger vehicles sold or imported into the United States. Here are three key takeaways from this new regulation: - National Security Measures: The rule aims to mitigate national security risks by prohibiting the sale or import of passenger vehicles with certain hardware or software from entities associated with Russia or China. - Compliance Requirements: The rule applies to certain Vehicle Connectivity System (VCS) hardware and software, and to certain Automated Driving System (ADS) software, requiring a Declaration of Conformity, General Authorization, or Specific Authorization for vehicles under 10,001 lbs. - Implementation and Impact: The rule affects OEMs and their suppliers, with software prohibitions starting in 2027 and hardware prohibitions in 2030. It includes provisions for legacy software and hardware repairs, and may lead to relocation of manufacturing operations. To learn more, visit the following link. #NationalSecurity #Investigations https://lnkd.in/eYhQM3t2
-
-
The US Department of Commerce is taking major steps to protect national security by proposing a ban on key Chinese software and hardware in connected vehicles. This move could have significant implications for both the automotive industry and consumers. Stay informed and read the full story at www.foremedia.tv/news. #AutomotiveIndustry #TechNews #NationalSecurity #ForeMediaNews #USPolicy
-
-
**U.S. May Ban Chinese Software in Self-Driving, Connected Vehicles** The United States is considering banning Chinese-made software in self-driving and connected vehicles due to national security concerns. The proposal aims to prevent Chinese companies from accessing sensitive information and potentially using it for malicious purposes. The move is seen as a response to growing concerns about China's ability to spy on American technology and intellectual property. Source: https://lnkd.in/gbv2xRVT Update Date: 4 hours ago
-
-
🚀 #BIS License (Bureau of Industry and Security) Application: Export and re-export involving sensitive technology, goods, and software. Purpose: Protecting U.S. national security and foreign policy interests through stringent export controls. Examples: Licensing for advanced computer chips, aerospace technology, and more. Applicable Countries: The United States, especially in cases involving sensitive technology and goods in export and re-export scenarios. Ensuring technology and innovation are securely shared across borders. 🔐🌐 #ExportControl #NationalSecurity #Technology #BISLicense #GlobalTrade
-
-
CPA | Fintech Licencing | VATP | Digital Asset Staking ETF | Security Token Offering (STO)
🔍 Strengthening Compliance and Innovation: A Revamped Licensing Process for VATPs in Hong Kong The Securities and Futures Commission (SFC) has unveiled updates to its licensing process for Virtual Asset Trading Platforms (VATPs), reflecting a proactive and collaborative approach to ensuring market integrity and investor protection in the rapidly evolving virtual asset space. At the heart of this pioneering regulatory framework is the revamped Second-phase Assessment, which emphasizes rigorous oversight, accountability, and transparency. Key highlights include: 1️⃣ Tripartite Agreement: The Second-phase Assessment is conducted under a tripartite agreement involving the SFC, the VATP, and an External Assessor (EA). This collaborative model allows for direct supervision by the SFC, clearer regulatory expectations, and enhanced feedback on findings. 2️⃣ Direct Assurance Engagement: The assessment must be performed as a direct assurance engagement, leveraging internationally recognized standards such as ISAE 3000 and ISAE 3402. This ensures a robust and independent evaluation of whether the VATP’s policies, procedures, systems, and controls (P&P) are suitably designed and effectively implemented. 3️⃣ Focus on Rectification and Cybersecurity: VATPs are required to address feedback from on-site inspections, implement rectification plans, and undergo penetration testing and vulnerability assessments. These measures, performed by independent third parties, ensure that systems are secure and resilient to potential risks. Being able to engage in such a cutting-edge regulatory framework is truly inspiring! It’s exciting to see the SFC leading the way in shaping a secure yet innovative future for virtual assets, and I’m honoured to be part of this transformative journey. https://lnkd.in/gjqqWY2a #VirtualAssets #VATP #ISAE3000 #ISAE3402 #SFC #RegulatoryInnovation #DigitalAssets #Cybersecurity #Assurance #Fintech
-
SaaS platform with integrated mobile apps for customized AIDC applications: Capture. Collect. Validate. Connect.
GS1 barcode standards are essential for ensuring interoperability in the supply chain. But what should you do when faced with non-compliant GS1 barcodes? Find valuable insights on optimizing GS1 barcode scanning, decoding, and conversion in this informative blog post: https://lnkd.in/ey-7NC3C GS1 GS1 US Patrick Javick Melanie Hilton
-
-
📢 Check Out Our September Newsletter! Discover the latest in security with a spotlight on the RISCO Video Doorbell, ABUS AlarmBox 2.0, and new automotive cables & software. Stay ahead of the curve with LSC’s top-tier solutions! 💼✨ #LSCNewsletter #SecurityUpdates #InnovativeSolutions
