WebThe Committee on Foreign Investment in the United States ("CFIUS") issued final regulations on January 13, 2024 to comprehensively implement the Foreign Investment Risk Review Modernization Act of 2024 … Webforeign investments in U.S. critical technology companies, which Jones Day first reported on here. Although CFIUS generally does not publish specific details about the transactions it reviews, provided below are some observations relating to implementation of the Pilot Program, based
CFIUS Mandatory Filings for Certain “Critical Technology” …
WebMay 21, 2024 · The current CFIUS regulations, contained at 31 C.F.R. Part 800, mandate the filing of a notice or declaration for “covered investments” in US companies that produce, design, test, manufacture, fabricate, or develop one or more “critical technologies” involving certain specifically enumerated industries based on North American Industry … WebThe Committee on Foreign Investment in the United States (CFIUS) Exchange Stabilization Fund. G-7 and G-20. ... Covered Transactions, Withdrawals, and … fresh step scoopable litter
CFIUS by the Numbers: Key Takeaways From the 2024 Annual …
WebAug 6, 2024 · Critical Technology Transactions. In 2024, CFIUS assessed 122 covered transactions involving acquisitions of U.S. critical technology companies (i.e., companies involved in the research, development, or production of certain export controlled technologies). Foreign investors from Japan filed most frequently, followed by Sweden … WebOct 25, 2024 · The Committee on Foreign Investment in the United States (CFIUS or the Committee) issued a final rule effective October 15, 2024 that updates its approach to … The impending changes are consistent with the Foreign Investment Risk Review Modernization Act of 2024 (“FIRRMA”), which authorizes CFIUS to mandate filings for covered transactions involving certain U.S. businesses that produce, design, test, manufacture, fabricate or develop one or more critical … See more Once the new final rule comes into force, the current NAICS codes-based test will be replaced with an export control-based test. Specifically, a proposed covered transaction will be subject to the CFIUS mandatory … See more The export control test could present particular challenges for U.S. companies that deploy encryption software but do not have occasion to export it, such as companies that administer software-as-a-service (“SaaS”) … See more Should parties fail to submit a mandatory filing, they may be liable for a civil penalty up to the greater of $250,000 or the value of the transaction. See more Under CFIUS’s regulations, parties to a proposed transaction are also required to notify CFIUS of the proposed transaction if the transaction involves the acquisition of a “substantial interest” (defined as a 25% or greater direct or … See more father calloway mic