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The U.S. is increasing its level of caution against China and imposing regulations on specific Chinese businesses. The strict semiconductor export controls against China that came with the CHIPS Act to invest $50 billion in U.S. semiconductor development show how strongly the U.S. is committed to its strategic policy against China. As the U.S. pushes Japan to join China sanctions, the Japanese government’s response is of utmost concern for companies involved in business with China.
On the other hand, some assume that Beijing might take countermeasures based on its Anti-Foreign Sanctions Law in response to Washington’s moves to ramp up regulations and it is crucial to keep our eyes on the regulatory moves between these two countries. The U.S. is stepping up on its involvement in Taiwan, with the U.S. National Defense Authorization Act incorporating the Taiwan Enhanced Resilience Act (formerly called the Taiwan Policy Act), which includes addressing requests from Taiwan to buy weapons from the U.S. with priority and holding joint military exercises, although the law did not cover detailed financial sanctions in case of a Taiwan contingency.
Chinese leader Xi Jinping has secured a third term as president and is determined to achieve national unification. A Taiwan contingency including gray-zone activities is becoming relatively realistic.
In this seminar, against the backdrop of the turbulent situation surrounding the U.S. and China and considering the level and possibility of a Taiwan contingency, we will look at the latest economic security trends that surround Japan and discover what economic security measures Japanese companies should take as they are swayed by the U.S. and China.
If you are at a loss and are not sure where to start despite the need to address economic security, this seminar will guide you on the way. We look forward to your participation.
The seminar will also cover how Japanese corporations can utilize Thomson Reuters and Westlaw Japan services to address economic security. (This includes promotional content.)
| Event Outline | |
| Date and Time | 1 pm to 4 pm, Friday, April 21, 2023 |
|---|---|
| How to join | This seminar will be a LiVECAST online seminar. You will be able to join from anywhere, from your home or your office, as long as you have internet access. After you register, we will send you the link to join the symposium together with access details. |
| Fee | Free |
| Registration | Reception has been closed. Thank you for your entry. |
| Program | |
| 1:00 pm to 1:30 pm | Part 1 Latest global economic security trends and economic security policies in Japan |
|---|---|
| 1:30 pm to 2:20 pm | Part 2 Overview of US regulations against China and the risks Japanese companies should know |
| 2:20 pm to 3:10 pm | Part 3 Overview of Chinese economic security laws and the risks Japanese companies should know—The level and possibility of a Taiwan contingency |
| 3:10 pm to 3:15 pm | Break |
| 3:15 pm to 3:35 pm | Part 4 Enhancing economic security risk management using Thomson Reuters tools—Overview of HighQ and Practical Law |
| 3:35 pm to 4:00 pm | Part 5 How Japanese companies should respond—First actions to take and whether the current approach is right (Q&A and discussions) |
【Lecturer】TMI Associates
Kazuyasu Shiraishi, Partner Attorney
Graduated from Waseda University, Bachelor of Political Science in 1996. Passed the judicial scrivener exam in 1998. Registered as a lawyer in 2003. Partner of TMI Associates from January 2016. Co-representative of the TMI Defense and Economic Security Practice Group. Member of the Daini Tokyo Bar Association Committee for Information Disclosure and Personal Information Protection. Member of The Information Network Law Association. Graduated from Washington University School of Law (LL.M., Intellectual Property Law Course) in 2013. Received training at Dorsey & Whitney LLP and Bracewell LLP Dorsey in Seattle, Washington from September 2013 to May 2014. Special Assistant for Trade Negotiations, Economic Policy Division, Economic Affairs Bureau, Ministry of Foreign Affairs of Japan from July 2014 to March 2015, supporting the overseas expansion of Japanese companies, overseas projects of legal professionals, etc. Formerly a member of the Japanese Bankers Association Open API Promotion Study Group and the Study Group on Contracts Related to Linked Bank Accounts to Prevent Frauds. Holder of the Grade 1 Unmanned Aerial Worker Examination (Drone Certification). Member of the Risk Management Committee on Flying Cars and Industrial Drones Businesses. More than five years of experience working at a major telecommunications company. Handles a wide range of fields including domestic and international disputes, IT, information, and communication-related laws including Personal Information Protection Laws and cyber (information) security laws. Various publications and lectures including Points for creating a privacy policy (co-author, Chuokeizai-sha Holdings, April 2022).
Kazuhide Ueno, Partner Attorney, TMI Associates
Graduated from Keio University Law School in 2007. Registered as a lawyer in 2008. Member of the Commerce and Investment Policy Committee of the International Chamber of Commerce. Graduated from Georgetown University Law Center (LL.M., International Business and Economic Law Course) in 2014. Training at Wilmer Cutler Pickering Hale and Dorr LLP, Washington DC (Commerce/Litigation group) from October 2014 to May 2015. Responsible for trade negotiations including the TPP and dispute resolution procedures for the World Trade Organization (Geneva) that involves Japan from June 2015 to August 2017 at the International Legal Affairs Office, Ministry of Economy, Trade and Industry. Member of The Japan Association of International Economic Law. Part-time lecturer at Gakushuin University Faculty of Law. Partner of TMI Associates from January 2021. Handles various countries’ trade regulations including tariffs, anti-dumping, export management, investment/information regulations, economic sanctions, international licenses, construction, JV negotiations, disputes (international arbitration, mediation, trials), and disputes related to economic treaties.
Shuntaro Imamura, Partner Attorney, TMI Associates
Graduated from The University of Tokyo (LL.B.) in 2005. Graduated from The University of Tokyo School of Law (J.D.) in 2007. Registered as a lawyer in 2008. Received Chinese training in 2012 (Shanghai Jiaotong University). TMI Associates Shanghai Office Representative from 2013 to 2015. Partner of TMI Associates from January 2022. Involved in various corporate legal affairs matters, mainly M&As and Japan-China cross-border matters.
Leo Yamada, Associate Attorney-at-law, TMI Associates
Graduated from Chuo University (LL.B.) in 2018. Graduated from The University of Tokyo School of Law in 2020. Registered as a lawyer in 2022. Belongs to the TMI Defense and Economic Security Practice Group and is engaged in defense and economic security-related legal affairs.
Please note that some of the names of committees, titles of books, and other pronouns are provisional translations into English.