U.S. Unveils Plans to Extend Scrutiny of Foreign Investment

U.S. Unveils Plans to Extend Scrutiny of Foreign Investment

September 17, 2019, Reuters

Mark Plotkin is quoted in Reuters regarding U.S. Treasury’s announcement that it will introduce new regulations expanding the powers of the Committee on Foreign Investment (CFIUS) to further scrutinize foreign investments involving sensitive technology, infrastructure, personal data, and real estate.

Mr. Plotkin pointed out that many CFIUS watchers had expected the threshold for mandatory filing to be well below the proposed 49 percent, which would have triggered filing requirements for many Chinese companies in which Beijing has a 10 to 20 percent stake.