OFFICE OF INVESTMENT SECURITY ISSUES PROPOSED RULE: REQUEST FOR INFORMATION PERTAINING TO THE CFIUS KNOWN INVESTOR PROGRAM AND STREAMLINING THE FOREIGN INVESTMENT REVIEW PROCESS

WASHINGTON, Feb. 9 -- Office of Investment Security has issued a proposed rule called: Request for Information Pertaining to the CFIUS Known Investor Program and Streamlining the Foreign Investment Review Process.

The proposed rule was published in the Federal Register on Feb. 9 by Christopher Pilkerton, Assistant Secretary of the Treasury for Investment Security.

Summary: The Office of Investment Security, within the U.S. Department of the Treasury (Treasury Department), is seeking public input on how the Committee on Foreign Investment in the United States (CFIUS) may streamline aspects of its foreign investment review process, including through the Known Investor Program as described below, while maintaining its rigorous analysis that ...