Articles Tagged with firrma

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On September 17, 2019, the U.S. Department of Treasury issued two new proposed rules for the Committee on Foreign Investment in the United States (CFIUS) implementing the Foreign Investment Risk Review Modernization Act (FIRRMA). Of particular interest to readers of this blog was the second of the proposed rules, which addressed FIRRMA’s real estate-related expansion of CFIUS jurisdiction.

Over on Global Trade & Sanctions Law, colleagues , Jorge Vera and  examine the new regulations and how FIRRMA expands CFIUS’ jurisdiction to include certain types of real estate transactions.

 

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The Committee on Foreign Investments in the United States (CFIUS) is an inter-agency committee designed to review foreign investments that raise national security concerns. While you may have seen CFIUS play a role in prior transactions, upcoming expanded regulations will further impact acquisitions of U.S. real estate.

How exactly will this occur?

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