Following a prolonged period of discussion and deliberation, a significant milestone has been reached in the realm of international investment laws, as the much-anticipated outbound investment program was discussed in detail on August 9, 2023. The discussions were prompted by an Executive Order issued by President Biden, labelled “Addressing United States Investments in Certain National…
Switzerland is considering the implementation of tougher anti-money laundering laws, according to a report by Hugo Miller and Bryce Baschuk of Bloomberg. The Swiss government has initiated consultations on a draft bill aimed at enforcing the “integrity and competitiveness” of Switzerland as an investment hub. The consultations are planned to remain open through November 29,…
New developments in control on outbound investments hold potential implications for investors, as President Biden’s recently signed executive order lays out regulations on American investments in certain national security technologies and products in countries of concern. The executive order, both eagerly anticipated and hotly debated among international investment circles, was signed into law by the…
The Committee on Foreign Investment in the United States (CFIUS), known for its rigorous scrutiny of foreign investments for potential national security risks, has officially extended its real estate jurisdiction to include eight new U.S. military bases. The newfound authority aligns with the committee’s historical focus on mitigating risks in close vicinity to sensitive Department…
Significant developments were marked in the U.S.-China policy front this August 2023, driving major interests amongst legal professionals and international investors alike. These policy updates imply consequences on a wide-range of legal and business operations across multinational corporations and big law firms. The most notable of these policy changes includes President Joe Biden issuing a…
For the diligent corporate legal professional keeping an eye on international investment, the Committee on Foreign Investment in the United States (CFIUS) should be a familiar acronym. CFIUS, nested within the U.S. Department of the Treasury, plays a vital role in examining and overseeing foreign investments into U.S. businesses. Its annual report, released on July…
On July 31, the Committee on Foreign Investment in the United States (CFIUS) issued its annual report for the calendar year 2022, showcasing its activity in screening foreign investments for potential national security threats. The past year proved particularly engaging for the committee, as the report details an unprecedented number of reviews, with a total…
The U.S. Treasury Department recently released its 2022 annual report to Congress on the Committee on Foreign Investment in the United States (CFIUS). This report, which covers the entirety of the 2022 calendar year, provides important insights and statistical data regarding the CFIUS process and the state of foreign investments into the United States throughout…