General Review
Special Review
Within 60 working days of decision to initiate Special Review, it may take longer under special circumstances (no time limit)
The Working Group may make the following decisions:
Foreign investment is approved if the proposed investment does not impact national security;
Foreign investment is prohibited if the proposed investment impacts national security; or
Foreign investment is allowed subject to additional conditions that can eliminate the impact of the proposed investment on national security. Foreign investors will be required to accept the additional conditions in an undertaking in writing.
Sanctions
Parties that fail to declare investment that is within the scope and implement an investment, or fail to comply with additional conditions imposed on a reviewed and approved foreign investment, may be ordered to take actions to correct non-compliance within a prescribed time limit, or to unwind the investment, such disposing of equity or assets and to take necessary measures within a certain period of time in order to eliminate the impact on national security if non-compliance is not corrected within the prescribed time limit. Credit records of such parties will be negatively impacted, and accordingly, these parties may also face disciplinary action.