U.S. – Treasury FIRRMA Foreign Investment

U.S. – Treasury FIRRMA Foreign Investment

On 28 July 2020, final rule clarified revision to principal place of business definition.

  • Final rule removes and investments; word activities is inclusive of investments; thus, directing and managing investments made by investment fund captured by activities.
  • Adopted the interim rule establishing a fee for parties filing a formal written notice of a transaction for review by the Committee on Foreign Investment in the United States.
  • Final rule on clarifying revision to place of business definition effective 27 August 2020.