US Reverse CFIUS (RCFIUS)

The US Outbound Investment Security Program (commonly called "Reverse CFIUS") implements Executive Order 14105 and Treasury's Final Rule, effective January 2, 2025. The program restricts US persons from making certain investments in Chinese, Hong Kong, and Macau entities engaged in semiconductors, artificial intelligence, and quantum technologies. While investments in publicly traded securities are generally excepted, this exception is voided if the investment provides rights beyond standard minority shareholder protections (e.g., board seats, veto powers). Our service provides post-trade monitoring using country-specific shareholding thresholds as triggers for manual review to determine whether such rights exist.