{"version":"1.0","provider_name":"Customs &amp; International Trade Law Firm","provider_url":"https:\/\/diaztradelaw.com","author_name":"Jennifer Diaz","author_url":"https:\/\/diaztradelaw.com\/author\/jen\/","title":"Non-notified Transactions Raising Red Flags for CFIUS\u00a0 - Customs &amp; International Trade Law Firm","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"6Gky25i4m2\"><a href=\"https:\/\/diaztradelaw.com\/non-notified-transactions-raising-red-flags-for-cfius\/\">Non-notified Transactions Raising Red Flags for CFIUS\u00a0<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/diaztradelaw.com\/non-notified-transactions-raising-red-flags-for-cfius\/embed\/#?secret=6Gky25i4m2\" width=\"600\" height=\"338\" title=\"&#8220;Non-notified Transactions Raising Red Flags for CFIUS\u00a0&#8221; &#8212; Customs &amp; International Trade Law Firm\" data-secret=\"6Gky25i4m2\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/diaztradelaw.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/diaztradelaw.com\/wp-content\/uploads\/2026\/03\/Gemini_Generated_Image_dqy8k9dqy8k9dqy8.png","thumbnail_width":1199,"thumbnail_height":667,"description":"Authors: Jennifer Diaz, President, Diaz Trade Law Amber Pirson, Attorney, Diaz Trade Law Even when a transaction does not trigger a mandatory filing, Committee on Foreign Investment in the United States (CFIUS) risk does not disappear. While the regime remains technically \u201cvoluntary\u201d in many cases, Treasury\u2019s increasingly active non-notified program means that deals can still be reviewed, and potentially unwound, long after closing. As a result, parties must weigh the benefits of filing against the risk of future scrutiny, particularly in sensitive sectors or with higher-risk investors.\u00a0\u00a0 What counts as \u201cvoluntary\u201d \u00a0 Given the breadth of CFIUS\u2019 jurisdiction to review transactions between US and non-US entities where the latter\u2019s investment implicates U.S. national security, if a deal is not a \u201ccovered transaction\u201d (no foreign\u2011government substantial interest in a TID U.S. business; no critical technology), the filing decision is voluntary, but not risk\u2011free. CFIUS runs a vigorous non\u2011notified program that screens thousands of transactions annually and can request (or require) a filing post\u2011closing.\u00a0 Why file voluntarily anyway? A voluntary filing can deliver \u201csafe harbor\u201d (limiting CFIUS\u2019 ability to initiate a review of the transaction in the future), reduce the risk of a disruptive post\u2011closing inquiry, and preserve options if a customer or government counterparties expect CFIUS clearance in sensitive sectors (e.g., defense supply chain, advanced computing and AI, biosecurity, or large\u2011scale personal\u2011data platforms).\u00a0 A practical playbook to reduce CFIUS risk and avoid being flagged\u00a0 1) Review the risks of your investor profile and structure.\u00a0 Confirm \u201cexcepted investor\/state\u201d status where applicable, and [&hellip;]"}