New Inbound Investment Reporting Requirements for Certain Industries
Regulations have been recently issued under the recently passed Foreign Investment Risk Review Modernization Act (FIRRMA) to implement a pilot program that expands the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) and imposes filing requirements on certain transactions in the U.S. technology sector.
Parties must file a declaration with CFIUS at least 45 days. . .