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A Growing Focus on Cybersecurity | Skadden, Arps, Slate, Meagher & Flom LLP

To embed, copy and paste the code into your website or blog: President Joe Biden has been fulfilling his promise to prioritize cybersecurity in his administration: He issued several cybersecurity-related executive orders, and federal regulators under his administration also have turned their focus to these issues. In its first 100 days, the administration has signaled an intent to collaborate with the private sector while also holding companies accountable through enforcement actions. Below are three trends we expect as the administration continues to pursue its cybersecurity agenda. A Focus on Supply Chain Vulnerabilities In the wake of recent high-profile attacks such as those involving SolarWinds, Microsoft’s Exchange Server and Accellion, the federal government continues to increase its scrutiny of supply chain vulnerabilities and vendor oversight. President Biden signed an Executive Order on America’s Supply Chains in late February 2021, requiring the departments of Comme

Adani Ports could abandon Myanmar project if found to violate US sanctions

Adani Ports could abandon Myanmar project if found to violate US sanctions May 5, 2021 10:45 AM PHT Reuters Adani Ports and Special Economic Zone Ltd said on Tuesday, May 4, it could abandon a Myanmar container terminal project and write down the investment if it is found to be in violation of sanctions imposed by the United States. In a scenario wherein Myanmar is classified as a sanctioned country under the Office of Foreign Assets Control (OFAC), or if OFAC opines that the project violates the current sanctions, [Adani Ports] plans to abandon the project and write down the investments, the company said in a filing to exchanges on Tuesday.

Adani plans to abandon Myanmar terminal if country is sanctioned by US

Adani Ports could abandon Myanmar project if found to violate U S sanctions | Hellenic Shipping News Worldwide

Adani Ports could abandon Myanmar project if found to violate U.S. sanctions Adani Ports and Special Economic Zone Ltd (APSE.NS) said on Tuesday it could abandon a Myanmar container terminal project and write down the investment if it is found to be in violation of sanctions imposed by the United States. “In a scenario wherein Myanmar is classified as a sanctioned country under the Office of Foreign Assets Control (OFAC), or if OFAC opines that the project violates the current sanctions, (Adani Ports) plans to abandon the project and write down the investments,” the company said in a filing to exchanges on Tuesday.

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