International Regulatory Enforcement (PHIRE)
The New CFIUS Regulations: How Will This Actually Work? FAQs We Wish Treasury Would Answer
By Scott M. Flicker, Robert Silvers, Charles A. Patrizia, Randall V. Johnston, Talya Hutchison & Holly Flynn
Gallons of ink will be spilled explaining the new regulations published by the Department of the Treasury to implement the extensive changes to the national security review process undertaken by the Committee on Foreign Investment in the United States (“CFIUS"). The updated rules, which went into effect on February 13, 2020, were mandated by the 2018 Foreign Investment Risk Review Modernization Act (“FIRRMA").