Nearly four dozen parties provided feedback to the Treasury Department on the CFIUS Known Investor program, and there were clearly repeat themes. Among the most common were requests for clearer guidance, more predictable review timelines, and clearer filing expectations. Details, highlights inside.
As expected, Pres. Biden has issued an Executive Order aimed a protecting Americans’ sensitive personal data. The EO covers biometric, genomic, and geolocation data, and the DoJ has already published its proposed rule. Details, fact sheets, the EO, a related unclassified NSI report, more inside.
As most Foreign Investment Watch readers know, the Treasury Department recently published its proposed rule regarding U.S. investments in certain countries of concern. Treasury was accepting comments and feedback, but that period ended last week. Inside, we summarize some of the feedback.