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CFIUS: Compliance with a National Security Agreement

Michael Rose ( is a Partner and a leader of Grant Thornton LLP’s National Governance Risk and Compliance practice in Philadelphia, Pennsylvania, USA. Steve Siemborski ( is Managing Director at Calfee Strategic Solutions in Washington, DC.

This is the second of a three-part series on complying with the new law on foreign investment in the US. In this article, National Security Agreements (NSAs) are discussed. NSAs are the contractual outcome of the rigorous process for having direct foreign investment transactions approved by the US.

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