On August 13, 2018, the President signed into law new legislation that will impose heightened oversight of investments by Chinese persons in U.S. businesses. The Foreign Investment Risk Review Modernization Act (FIRRMA)...more
8/20/2018
/ CFIUS ,
China ,
Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Export Controls ,
FIRRMA ,
Foreign Acquisitions ,
Foreign Direct Investment ,
Investors ,
National Security ,
New Legislation ,
Personal Data ,
Trump Administration
On January 2, 2018, the Committee on Foreign Investment in the United States (CFIUS) rejected Ant Financial’s plan to acquire U.S. money transfer company MoneyGram International over national security concerns. According to...more
1/5/2018
/ Acquisition Agreements ,
CFIUS ,
China ,
Cross-Border Transactions ,
Data Security ,
Foreign Acquisitions ,
Foreign Investment ,
Moneygram ,
National Security ,
Popular ,
Trump Administration