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CLIENT ALERT ‘Firrmed’ Up at Last – Treasury Publishes Final Regulations to Implement FIRRMA

Contact: Randall H. Cook

January 23, 2020

On January 17, 2020, the US Department of the Treasury published two rules to finalize and implement FIRRMA’s expansion of CFIUS jurisdiction over certain non-controlling investments and certain real estate transactions. The two rules take effect on February 13, 2020.

The final rules are largely the same as the proposed rules issued in September 2019 focusing on non-controlling investments in Technology, Infrastructure, and Data (TID) US businesses and real estate transactions involving sensitive locations, with some notable changes.

For a full breakdown of these changes and other ways in which these rules will affect you, read the full client alert compiled by Ankura experts Randall H. Cook and Kaitlyn Alessi.