|
|
Article: CFIUS issues final regulations governing national security reviews of foreign investment in the United States.(Committee on Foreign Investment in the United States)
- Article from:
- Mondaq Business Briefing
- Article date:
- November 18, 2008
CopyrightCOPYRIGHT 2008 Mondaq Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
On November 14, 2008, the Committee on Foreign Investment in the United States ("CFIUS") issued its final regulations governing national security reviews of foreign investments in U.S. businesses, formally implementing amendments adopted by the Foreign Investment and National Security Act of 2007 ("FINSA") to the Exon-Florio Amendment to the Defense Production Act of 1950. The final regulations follow the issuance by CFIUS of the proposed regulations on April 21, 2008, and public comments and hearing on the proposed regulations, and will become effective 30 days after publication in the Federal Register.
Overview of FINSA FINSA permits the President of the United ...