When is a company determined to be under foreign ownership, control or influence (FOCI)?
A US company is considered to be under FOCI when a foreign interest has the power, direct or indirect, whether or not exercised, to direct or decide matters affecting the management or operations of the company in a manner which may result in unauthorized access to classified information or may affect adversely the performance of classified contracts.
Related Questions
- What are the methods in which a company can mitigate its FOCI factors, if considered to be under foreign ownership, control or influence?
- What does the Directive-Type Memorandum 09-019, "Policy Guidance for Foreign Ownership, Control or Influence (FOCI)" mean for Industry?
- What is FOCI (Foreign Ownership, Control or Influence)?
