U.S. Treasury Department issues final CFIUS regulations

On 13 January 2020, the U.S. Department of the Treasury (Treasury) issued the long-awaited final regulations (the Regulations) that implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA), the statute governing the Committee on Foreign Investment in the United States (CFIUS). The Regulations, which include a final rule relating to real estate transactions and a final rule for all other covered transactions, largely retain the substance of the proposed rules issued in September 2019 (the Proposed Rules) and will be effective 13 February 2020.

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