WASHINGTON – The Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States (CFIUS), today released its Annual Report to Congress for calendar year 2023.
The Annual Report highlights key indicators of CFIUS’s activities and provides statistics on transactions that CFIUS evaluated in 2023.
“2023 was a busy year for CFIUS in reviewing transactions for national security risk, monitoring compliance with mitigation agreements, expanding the reach of its jurisdiction, and enforcing against violations of CFIUS legal authorities,” said Assistant Secretary for Investment Security Paul Rosen. “Last year CFIUS sharpened its review and enforcement toolkit while doubling down on efficiency and due diligence in reviewing and investigating covered transactions.”
The report shows that CFIUS is effectively utilizing its authorities and resources. In recent years, CFIUS has enhanced its regulations and processes to review a broader scope of transactions and increased efforts to identify transactions that were not submitted but may raise national security considerations. In addition, CFIUS has increasingly focused on utilizing and enhancing its enforcement tools.
Key highlights from 2023 include the following:
This year’s report reinforces CFIUS’s commitment to protecting national security consistent with the United States’ longstanding open investment policy.
The Annual Report is submitted to Congress pursuant to Section 721 of the Defense Production Act of 1950, as amended (50 U.S.C. § 4565).
Committee on Foreign Investment in the United States 2023 Annual Report to Congress
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