International Regulatory Enforcement (PHIRE)
New Rules for CFIUS: How Investment Funds Can React and Take Advantage
By Scott M. Flicker, Robert Silvers & Randall V. Johnston
The Committee on Foreign Investment in the United States (“CFIUS”) has just implemented new rules effective February 13, 2020 under the Foreign Investment Risk Review Modernization Act (“FIRRMA”). The new regulations overhaul how CFIUS will review inbound investments into the U.S. for national security risks, and the changes have significant implications for U.S.-based investment funds.