Pay up: CFIUS imposes filing fees effective 1 May

On 29 April 2020 the U.S. Department of the Treasury (Treasury) published in the Federal Register an interim rule establishing filing fees for joint voluntary notices (JVNs) submitted to the Committee on Foreign Investment in the United States (CFIUS or the Committee). The interim rule goes into effect today, 1 May 2020, and follows the publication of the proposed rule on 9 March 2020. For the first time in CFIUS' history, the Committee will charge filing fees, which will help to offset the costs associated with conducting its national security reviews of foreign investments in U.S. businesses.

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