Foreign Investors Are Watching For CFIUS 'Good' Or 'Bad' List
By David Hanke (May 23, 2019, 12:27 PM EDT) -- The Committee on Foreign Investment in the United States is currently drafting the implementing regulations for the Foreign Investment Risk Review Modernization Act, or FIRRMA, which was enacted this past August and represents the most sweeping set of changes to the processes and jurisdiction of CFIUS in its 44-year history. (I worked for the Senate Intelligence Committee, specifically for the office of Sen. John Cornyn, R-Texas, and was the primary staff architect of the FIRRMA legislation and chief strategist behind its 2018 enactment.) During the legislative process, Congress punted on a slew of tough issues and key definitions, so CFIUS' task now includes addressing those very issues and clarifying those definitions....
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