Committee on Foreign Investment in the United States (CFIUS)
CFIUS is the U.S. government body tasked with reviewing certain transactions involving foreign investment in U.S. businesses for national security risks…
Overview
CFIUS is the U.S. government body tasked with reviewing certain transactions involving foreign investment in U.S. businesses for national security risks. Established in 1975, its mandate has expanded significantly, particularly after the Foreign Investment Risk Review Modernization Act (FIRRMA) of 2018, which broadened its scope to include non-controlling interests in critical technology, critical infrastructure, and sensitive personal data. CFIUS operates through a consensus-driven process involving multiple federal agencies, with the Treasury Department serving as the chair. While its primary goal is to protect national security, its reviews can significantly impact deal timelines, deal structures, and even the viability of foreign acquisitions, making it a crucial consideration for any international investor eyeing the U.S. market.
Key Facts
- Year
- 1975
- Origin
- United States
- Category
- Geopolitics & Business Regulation
- Type
- Government Committee