Treasury Updates CFIUS Enforcement Website
The US Treasury Department updated the CFIUS website to include sections on enforcement, mitigation and non-notified transactions.
According to its press release, Treasury updated the CFIUS website "to share more details and guidance with the public and the investing community about how CFIUS approaches compliance and enforcement, as well as a list of its penalty actions." Treasury stated that the updated website "shares detailed information about all of the civil monetary penalties imposed by CFIUS over the last few years, including the largest penalty CFIUS has ever issued." The website now describes "the nature of the conduct that gave rise to the penalty and mitigating and aggravating factors, among other details, where applicable and consistent with the CFIUS's confidentiality obligations."
The new sections of the website are: