Treasury Dept. issues final rule revising CFIUS declaration requirements

The Treasury Department has issued a final rule revising the requirements for some transactions -- involving U.S. businesses affiliated with the production of critical technologies -- to be declared to the Committee on Foreign Investment in the United States.

The final rule, which largely mirrors a proposal released in May, modifies regulations the Treasury Department enacted to implement the 2018 Foreign Investment Risk Review Modernization Act. Notably, mandatory CFIUS declarations would be contingent on whether U.S. businesses would need export...