MEMBER EVENT: Update on Export Controls, Sanctions & CFIUS

Kevin Wolf, Partner, Akin Gump, and former Assistant Secretary of Commerce (2010-2017) for Export Administration in the Bureau of Industry and Security (BIS) at the Department of Commerce, will provide an update on Export Controls, Sanctions, and CFIUS (Committee on Foreign Investment in the United States).

Working closely with his colleagues at the departments of Defense and State, and the National Security Council, Wolf was the primary strategist, negotiator and implementer of President Obama’s Export Control Reform (ECR) Initiative. The reform initiative was a massive, seven-year interagency effort to substantially rewrite the defense trade and most dual-use export controls to accomplish various national security and foreign policy objectives. This reform has resulted in the transfer to the Commerce Department from the State Department of responsibility for regulating most direct commercial defense trade transactions.

As a result of these efforts, most of the new content of the EAR and the ITAR reflects strategic direction, policy goals and negotiations between Wolf and other agencies.