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MVA White Collar Defense, Investigations, and Regulatory Advice Blog: New Treasury Department Regulations Modify Mandatory Filing Requirements for Critical Technology Businesses

June 2020

Charlotte White Collar, Regulatory Defense, and Investigations Member Frank Schall and Associate Elena Mitchell’s blog article titled, “New Treasury Department Regulations Modify Mandatory Filing Requirements for Critical Technology Businesses” was published on June 17.

The article

The U.S. Department of the Treasury (“Treasury”) recently published a proposed rule that would modify the mandatory filing requirements in place throughout the pilot program for certain foreign investment transactions subject to review by the Committee on Foreign Investment in the United States (“CFIUS”) pursuant to the Foreign Investment Risk Review Modernization Act of 2018 (“FIRRMA”). The proposed rule modifies the mandatory filing requirement for “critical technologies” transactions involving a U.S. business that produces, designs, tests, manufactures, fabricates, or develops one or more critical technologies, as well as clarifies when a foreign interest has a “substantial interest” in a company.

To view the complete blog article, please click here.