On October 10, 2018, the U.S. Department of the Treasury took the first step toward implementing the recently enacted Foreign Investment Risk Review Modernization Act (FIRRMA) by publishing new regulations that empower the Committee on Foreign Investment in the United States (CFIUS) to review transactions that were not previously subject to CFIUS scrutiny.
If you are seeking to invest in critical technology in the US, in 27 identified industries, then regulations may now mean that the investment will need to be approved by the CFIUS.
A more thorough assessment of the new regulations has been undertaken by one of our State Capital Group member firms in the US, Wiley Rein. Read their review here .
If you’d like assistance, or have any enquiries relating to these changes, please contact us.