Analysis

5 Questions Attys Want Answered By CFIUS Rulemaking

Law360 (August 30, 2019, 10:05 AM EDT) -- Corporate and national security attorneys are eagerly awaiting clarification of several key points in this fall’s expected draft regulations from the Committee on Foreign Investment in the United States, rules the committee will use to fully implement the overhaul Congress greenlighted last year.

The Foreign Investment Risk Review Modernization Act was signed into law in August 2018 in an effort to modernize and expand the reach of CFIUS, an interagency committee that reviews foreign direct investments in U.S. companies for potential national security issues, amid growing concerns about potentially unfriendly investments in critical technologies and infrastructure.

FIRRMA provided a framework for...

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