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ARTICLE · 24 AUGUST 2022

CFIUS 2021 Annual Report: Considerations For Businesses

Antonia I. Tzinova | Robert A. Friedman | Ronald A. Oleynik | Andrew K. McAllister | Mackenzie A. Zales | Sarah Kaitlin Hubner

United StatesGovernment, Public Sector

Highlights

  • The Committee on Foreign Investment in the United States (CFIUS) recently published its Annual Report to Congress for Calendar Year 2021 (Annual Report), analyzing key information from the first full year in which its powers were expanded under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).

  • This Holland & Knight alert identifies important trends from the Annual Report that businesses should consider when pursuing foreign investment in, or acquisition of, U.S. businesses.

The U.S. Department of the Treasury, in its role as chair of the Committee on Foreign Investment in the United States (CFIUS), released the public version of its Annual Report to Congress for Calendar Year 2021 (Annual Report) on Aug. 2, 2022. Notably, the 2021 Annual Report captures data for the first full calendar year in which its authority was expanded under the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA).1 New

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