U.S. Regulation of Investment by State-Controlled Entities
31 ICSID Review 77 (2016)
11 Pages Posted: 13 Oct 2015 Last revised: 5 Apr 2021
Date Written: October 12, 2015
At the center of foreign investment regulation in the United States is a critical but relatively quiet committee of executive agencies: the Committee on Foreign Investment in the United States. This committee serves an increasingly important role as the U.S. draws hundreds of billions in foreign investment every year, some of it coming from state-controlled entities such as sovereign wealth funds, state-controlled pension funds, and state-owned enterprises. U.S. regulation of investment by these state-controlled and affiliated entities is continually evolving to meet the changing foreign investment landscape. This Note reviews the process of review, recent changes in the process, and the continued evolution of foreign investment regulation in the U.S., particularly as it applies to investment by state-controlled and affiliated entities.
Keywords: state-owned enterprises, sovereign wealth funds, CFIUS, foreign investment
JEL Classification: K2, K20, K22, K33
Suggested Citation: Suggested Citation