Powers of the Modern CFIUS
In early 2020, the Committee on Foreign Investment in the United States (CFIUS) published final rules implementing the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), significantly expanding CFIUS’s jurisdiction over certain types of investments.
Often called a “black box,” CFIUS assesses the potential national security risks of investments in the U.S. and operates in a classified environment. To peel back the curtain, partner Aimen Mir, who served for nearly a decade in leadership roles with CFIUS and the US Department of the Treasury, and CFIUS advisor Colin Costello, who served as the Acting Director of the National Intelligence Council’s Investment Security Group and was the Intelligence Community’s primary representative to CFIUS, provide an overview of CFIUS and its authority, what its review process entails, and the steps it can take in response to any concerns it identifies.
This interview on The Modern Powers of CFIUS was produced by the legal education company, TalksOnLaw.