National Security & Foreign Investment

Issues of national security have become an increasingly expansive and vital priority for regulatory authorities around the world. Ropes & Gray advises leading investors and organizations on a broad range of transactional, compliance, government investigations and cybersecurity matters that raise national security considerations.

Our clients benefit from the breadth and depth of our foreign investment expertise in national security reviews across their transactions. We guide clients through all stages of national security reviews before the Committee on Foreign Investment in the United States (CFIUS), including negotiation of complex mitigation agreements. Our foreign investment practice also calls upon its deep knowledge of non-U.S. foreign direct investment (FDI) regimes, procuring FDI clearances from agencies worldwide, including notifications under the UK National Security and Investment Act (NSIA) and other global regimes.

Further, as economic and trade sanctions and export control regulations evolve at an unprecedented pace, we advise our clients on how to achieve their investment and strategic objectives while addressing international trade regulations that are used by governments to protect national security interests. Our leading team brings extensive experience in advising on U.S., UK, and EU trade regulations, ensuring that our clients stay ahead of these rapid changes and mitigate commercial and regulatory risks effectively.

Data privacy and security, now viewed as a national security imperative by regulators, is another a core element of our national security and investment practice. As nation-state-sponsored cyberattacks grow in frequency and sophistication, our premier global data, privacy, and cybersecurity team prepares clients to manage these attacks and robustly defend against regulatory investigations, class actions, and related litigation.

The intensified focus on national security across these critical regulatory regimes has led to a surge in investigations and litigation, including bipartisan interest by Congress. Our elite team of former federal prosecutors, government enforcement professionals, and congressional committee staff, with decades of experience, expertly navigates the complex landscape of national security investigations and litigation, ensuring effective responses while minimizing legal and reputational risks.

With our expertise across this broad spectrum of national security risks, we counsel clients across industries, including biotechnology and life sciences, aviation, energy, defense contractors, transportation, chemical, mining, technology, financial services, higher education, and manufacturing.

Capabilities