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ARTICLE · 03 OCTOBER 2019

U.S. Treasury Department Issues New Proposed CFIUS Regulations

On 17 September 2019 the U.S. Department of the Treasury announced proposed regulations to "comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA)."

United StatesGovernment, Public Sector

On 17 September 2019 the U.S. Department of the Treasury announced proposed regulations to "comprehensively implement the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA)." In a press release announcing the proposed regulations, the Treasury Department noted these regulations were aimed at better "address[ing] national security concerns arising from certain investments and real estate transactions." In addition to releasing the full text of the regulations in two parts: "Provisions Pertaining to Certain Investments in the United States by Foreign Persons" (31 Code of Federal Regulations part 800) and "Provisions Pertaining to Certain Transactions by Foreign Persons Involving Real Estate in the United States" (31 Code of Federal Regulations part 802) , the Treasury Department also released a fact sheet and an FAQ document. Key provisions of the proposed regulations include:

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