The Special Security Agreement (SSA) is used when a company is owned or controlled by a foreign entity. … Preserve the foreign shareholder’s right to be represented on the Board of Directors with a direct voice in the business management of the company while denying unauthorized access to classified information.
What is a security control agreement?
The Security Control Agreement (SCA) may be used when the cleared company is not effectively owned or controlled by a foreign entity and the foreign interest is entitled to representation on the company’s governing board. (
What can happen to a US company when there is foci?
U.S. companies determined to be under FOCI are not eligible for an FCL unless security measures are put in place to mitigate the effect of the foreign ownership, control, or influence. … Finally, if a company is unable or unwilling to mitigate the FOCI, then the existing FCL will be terminated.
How does a proxy board work?
A proxy board is a board composed entirely of American citizens which are responsible for the day-to-day running of the business. … In this way the company’s classified information is “insulated” from foreign exploitation but the parent company still benefits from any profits made by its subsidiary.
What is FOCI mitigation?
This is referred to as FOCI Mitigation, a process whereby unauthorized access to classified information is prevented. FOCI Mitigation uses various security measures, safeguards, and restrictions to prevent unauthorized access.
What is an sf328?
SF-328, Certificate Pertaining to Foreign Interests.
What is a national interest determination?
A NID, or a National Interest Determination, is a written statement by the Government Contracting Activity (GCA) affirming that the release of proscribed information to the company will not harm the national security interests of the United States. It may be program-, project-, or contract-specific.
What does foreign control mean?
Foreign control means one or more foreign persons have the authority or ability to establish or direct the general policies or day-to-day operations of the firm.
How do you use foci?
Activate Your FOCI
- Plug in your FOCI to charge with the charging cable provided to activate your FOCI.
- Your FOCI will show a blue light, and will vibrate twice to show it is activated.
- Pair your FOCIwithin 30 mins from activation, otherwise you will need to plug in again to reactivate.
What DOD system do cleared contractors use to report information concerning foreign ownership control or influence?
The National Industrial Security Program (NISP) was established by Executive Order 12829. … As a cleared contractor in the NISP, your company agrees to comply with all applicable NISPOM requirements, including the requirements to report. As your company’s FSO, the responsibility to report these events belongs to you.
How many proxies can one person hold?
There seems to be some confusion of late as to whether a person can hold more than two proxies or not. The simple answer is ‘yes’: a person can currently hold more than two proxies – there is no limit at the moment.
How do I write a proxy?
Include your name, title and address in the proxy vote. This should be the first piece of information included. You would write something like “I, the treasurer of the committee, John Smith, of 123 Maple Avenue…” Include the name and address of your proxy.
Are proxies legal?
Yes, it is legal to use a proxy server. Proxies have many different uses, including enabling remote work; setting up a support system for users who are located outside a particular network; protecting networks and Internet users from malicious content; streaming online content from outside a country and more.