Office of Investment Security January 2020 – Federal Register Recent Federal Regulation Documents

Provisions Pertaining to Certain Investments in the United States by Foreign Persons
Document Number: 2020-00188
Type: Rule
Date: 2020-01-17
Agency: Department of the Treasury, Office of Investment Security
The final rule revises regulations that implement certain provisions of section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). The interim rule also adds a new definition for the term ``principal place of business'' and the Department of the Treasury is seeking comments on this definition. While this rule retains many features of the prior regulations, the rule makes a number of substantive changes, primarily to implement FIRRMA.
Provisions Pertaining to Certain Transactions by Foreign Persons Involving Real Estate in the United States
Document Number: 2020-00187
Type: Rule
Date: 2020-01-17
Agency: Department of the Treasury, Office of Investment Security
The final rule establishes regulations to implement the provisions relating to real estate transactions in section 721 of the Defense Production Act of 1950, as amended by the Foreign Investment Risk Review Modernization Act of 2018. This rule sets forth the scope of, and process and procedures relating to, the national security review by the Committee on Foreign Investment in the United States of certain transactions involving the purchase or lease by, or concession to, a foreign person of certain real estate in the United States. The interim rule also adds a new definition for the term ``principal place of business,'' and the Department of the Treasury is seeking comments on this definition.