Data from the newly updated website of the Committee on Foreign Investment in the United States showed that the civil monetary penalties imposed by the interagency committee increased threefold in 2023 and 2024 compared to previous penalty actions it has enforced since its establishment.
Each penalty action listed on the website contains detailed information describing the nature of an activity that caused the monetary fine.
The Department of the Treasury, which chairs CFIUS, updated the website to increase transparency into CFIUS activities and raise awareness among the public and the investing community about the consequences of violating laws and regulations related to foreign investments in the United States.
CFIUS is authorized to review such investment deals to determine whether they pose national security risks.
“If CFIUS requires companies to make certain commitments to protect national security and they fail to do so, there must be consequences,” said Paul Rosen, assistant secretary of the treasury for investment security.
In July, the Treasury issued a notice of proposed rulemaking seeking to expand CFIUS jurisdiction over foreign real estate purchases, particularly transactions involving Chinese investment in properties near military installations and other sensitive locations. The agency will accept comments on that proposal until Monday.