New CFIUS Regulations: Ensuring Compliance in the Evolving CFIUS Landscape
Course Details
- smart_display Format
On-Demand
- signal_cellular_alt Difficulty Level
- work Practice Area
International
- event Date
Wednesday, November 13, 2019
- schedule Time
1:00 PM E.T.
- timer Program Length
90 minutes
-
This 90-minute webinar is eligible in most states for 1.5 CLE credits.
-
This CLE course will guide counsel on navigating the proposed new regulations to implement the Foreign Investment Risk Review Modernization Act of 2018's (FIRRMA) expanded scope. The panel will examine the potential impact of the rules on transactions subject to review by the Committee on Foreign Investment in the United States (CFIUS) and will discuss best practices in light of the proposed new requirements.
In 2018, FIRRMA was enacted, which broadens the scope of CFIUS. Following confirmation of the first Assistant Secretary for Investment Security, a proposed draft of the long-awaited regulations to implement FIRRMA were published. The proposed regulations provide insight into how the Treasury Department will effectuate the expanded scope of national security reviews of foreign investments once the final regulations become effective by early next year.
The proposed regulations call for greater national security scrutiny and transparency. These proposed regulations create country specifications and definitions for excepted foreign states and excepted investors. The proposed regulations also introduce new terms, including "covered investments" and "covered control transactions."
Companies considering making or receiving foreign investments, and their counsel, must understand the implications of the proposed regulations for the CFIUS process and be able to navigate these regulations.
Listen as our authoritative panel examines the proposed new regulations and discusses how they impact the CFIUS landscape. The speakers will also offer best practices for navigating the proposed regulations.
- Proposed new regulations
- Impact on the CFIUS landscape
- Compliance with the new requirements
The panel will review these and other notable issues:
- How do the new regulations change the CFIUS landscape?
- What steps should counsel and companies take to comply with the new requirements?
- How should counsel address potential issues when considering foreign investment opportunities or working with foreign investors in light of the new regulations?
