Tag Archives: Eric J. Kadel Jr.

President Biden Issues Executive Order Granting Authorities to Regulate the Transfer of Sensitive U.S. Data to Countries of National Security Concern

by Eric J. Kadel Jr., Sharon Cohen Levin, Nicole Friedlander, Anthony J. Lewis, Andrew J. DeFilippis, Joshua Spiegel, and George L. McMillan

photos of authors

Top left to right: Eric J. Kadel Jr., Sharon Cohen Levin, Nicole Friedlander, Anthony J. Lewis.
Bottom left to right: Andrew J. DeFilippis, Joshua Spiegel and George L. McMillan. (Photos courtesy of Sullivan & Cromwell LLP).

SUMMARY

On February 28, 2024, President Biden issued Executive Order 14117, “Preventing Access to Americans’ Bulk Sensitive Personal Data and United States Government-Related Data by Countries of Concern” (the “Executive Order”), delegating new authorities to the U.S. Department of Justice (“DOJ”) and other agencies to regulate the transfer of sensitive U.S. data to countries of national security concern. The Executive Order focuses primarily on personal and other sensitive information, such as U.S. persons’ financial information, biometric data, personal health data, geolocation data, and information relating to government personnel and facilities.[1]

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FinCEN Guidance in Response to COVID-19

by Elizabeth Davy, Eric J. Kadel, Jr., Sharon Cohen Levin, Shari Leventhal, and John Grein

Background

On March 16, 2020, the Financial Crimes Enforcement Network (“FinCEN”) issued guidance (the “Guidance”) encouraging financial institutions to communicate concerns related to the timely filing of reports required under the Bank Secrecy Act (“BSA”) and identifying several patterns of fraudulent transactions that have emerged since the onset of the COVID-19 outbreak.[1] Continue reading