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RIO outlines country‑risk framework; cites OFAC and CFIUS as primary controls

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Summary

The Retirement and Investment Office described a country‑risk monitoring framework, use of external advisors, and reliance on federal authorities — including the Office of Foreign Assets Control and CFIUS mechanisms — to guide investment decisions about foreign exposures.

Scott Anderson, Chief Investment Officer, described a country‑risk program the office developed after Russia’s invasion of Ukraine and said RIO relies on external geopolitical advisors and federal regulatory direction to manage national‑security exposure.

Anderson said it is “very difficult for investment professionals to make decisions that are based on national security interest” and noted the office prefers to rely on regulatory…

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