On April 11, the U.S. Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States, issued a Notice of Proposed Rulemaking that would modify and expand CFIUS’s mitigation and enforcement authority.
For background, in October 2022, Treasury released its first-ever CFIUS Enforcement and Penalty Guidelines (see our prior update here), and the Proposed Rule represents a continued evolution of CFIUS’s approach to monitoring, compliance, and enforcement.
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