Policy Issues • International

The Committee on Foreign Investment in the United States (CFIUS)

CFIUS is commonly described as an interagency process that reviews certain foreign investments for national security risk. Reviews focus on the nature of the transaction, the business involved, and the potential risk pathways.

What Reviews Commonly Consider

• Transaction type: acquisition, investment, or certain rights/controls.
• Sensitivity: critical technologies, infrastructure, or sensitive data.
• Risk factors: ownership structure, governance, and operational access.

How People Use CFIUS Guidance

• Deal planning: understand timing and documentation requirements.
• Risk mitigation: identify controls or safeguards that address risk pathways.
• Compliance: maintain records and align process with regulatory expectations.