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ARTICLE · 20 JANUARY 2021

2020 Year End Review: CFIUS Regulations & Export Controls Impacting CFIUS Scrutiny

In 2020, the U.S. Department of the Treasury ("Treasury") issued several final regulations to implement the Foreign Investment Risk Review Modernization Act of 2018 ("FIRRMA")...

United StatesGovernment, Public Sector

In 2020, the U.S. Department of the Treasury ("Treasury") issued several final regulations to implement the Foreign Investment Risk Review Modernization Act of 2018 ("FIRRMA"), which as readers will recall expanded the jurisdiction of the Committee on Foreign Investment in the United States ("CFIUS") to review and take action to address national security concerns arising from certain investments and real estate transactions involving foreign persons.

In addition, the U.S. Government also issued in 2020 several regulatory actions that impact foreign investments, including the identification and review by the U.S. Department of Commerce ("Commerce") for "emerging and foundational technologies that are essential to the national security of the United States," among others.

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