Search Results for keywords:"security risks"

The Securities and Exchange Commission has requested an extension from the Office of Management and Budget for approval of collecting information as outlined in Rule 17f-2(d). This rule mandates that entities like brokers and dealers keep fingerprint records of their employees to help identify security risks and prevent hiring individuals with criminal records. The records must be retained for at least three years after employment ends. Approximately 3,900 entities are subject to these requirements, maintaining a combined total of about 8,840 hours of recordkeeping each year, with an estimated annual cost of $39,000 in storage fees.

The General Services Administration (GSA) is inviting public comments on the extension of a requirement for disclosing foreign ownership information related to high-security leased spaces. This is part of implementing the Secure Federal LEASEs Act, which mandates identifying owners and any foreign ties in high-security lease agreements. The GSA wants the data collection requirements to be extended for three more years, with the public invited to submit comments by January 13, 2025. The purpose is to help reduce security risks associated with leasing space for federal purposes.

The Bureau of Industry and Security (BIS) issued a final rule to address national security risks related to connected vehicles, particularly those involving technology designed, developed, manufactured, or supplied by entities in China or Russia. The rule aims to regulate certain software and hardware that enable vehicle connectivity and automated driving systems. It requires vehicle manufacturers and importers to verify their supply chains and submit Declarations of Conformity to confirm compliance, with some options for specific or general authorizations to continue certain transactions otherwise prohibited. The rule is designed to protect U.S. infrastructure from potential threats associated with these technologies.

The U.S. Department of Defense has announced a proposed arms sale to Poland involving communication equipment such as various advanced radios and GPS systems, with a total estimated value of $255 million. This sale aims to strengthen Poland's military communication capabilities and improve interoperability with NATO and the U.S., supporting U.S. foreign policy goals of stability in Europe. The principal contractor is L3Harris Technologies, and implementing the sale will involve a small team traveling to Poland for equipment training. All involved defense articles have been cleared for release and export to Poland.

In January 2021, the Department of Homeland Security (DHS) and the Department of Justice (DOJ) decided to delay the effective date of a rule concerning the eligibility for asylum and withholding of removal due to potential security risks relating to public health emergencies. This delay, lasting 60 days from January 21 to March 22, 2021, came after a memorandum from the White House Chief of Staff suggested pausing pending regulations for review. The delay was also necessary because of a preliminary court injunction against a related rule that could affect the implementation of this new rule.

The U.S. Department of Commerce has introduced new regulations to strengthen the security of the Information and Communications Technology and Services (ICTS) supply chain in accordance with Executive Order 13873. Effective March 22, 2021, these rules will allow the Secretary of Commerce to review, block, or impose conditions on transactions between U.S. and foreign entities that may pose security risks due to involvement with foreign adversaries. The regulations outline a process for reviewing transactions and require entities to retain records related to a transaction if it is under review. Additionally, certain countries such as China, Iran, and Russia are identified as foreign adversaries, and the rule aims to protect U.S. national security by mitigating risks associated with these and other foreign entities.