Securing the ICT and Services Supply Chain Licensing Procedures

On January 19, 2021, the Department of Commerce (the Department) published an interim final rulemaking, “Securing the Information and Communications Technology and Services Supply Chain,” which became effective on March 22, 2021. It allows the Secretary of Commerce, in accordance with Executive Order 13873, to prohibit certain information and communications technology and services transactions (ICTS Transactions) to address national security threats.