FOCI Mitigation: SSAs, SCAs and Proxy Agreements
- MDAPEX
- Oct 28, 2024
- 1 min read
Source: JDSupra
The 11th episode of "Are We All Clear? Facilitating Security Clearances" explores the role of outside directors and proxy holders within the National Industrial Security Program Operating Manual (NISPOM) framework and their significance in insulating a cleared company from its foreign owners. Host Molly O'Casey and International Trade attorney Antonia Tzinova discuss practical approaches to the selection, employment and accountability of these positions, as well as delve into the broader context of Foreign Ownership, Control or Influence (FOCI) mitigation to protect U.S. national security interests.
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