The U.S. Department of the Treasury, USDT, has published a press statement to inform that its Committee on Foreign Investment in the United States (CFIUS) has determined that both New Zealand and the United Kingdom (UK) have established adequate procedures and controls to screen foreign investments for potential security risks and thus qualify for the excepted foreign states (EFS) status. With this qualification, qualifying investors from New Zealand and the UK will be exempt from the enhanced scrutiny of CFIUS as regards foreign non-controlling investments in U.S. companies and real estate acquisitions in the U.S. They will also be exempt from otherwise mandatory filing requirements.
Other Features
notifications
process
real estate
restrictions
securities
shareholders
trading
Date Published: 2023-02-10
Regulatory Framework: Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA)
Regulatory Type: information
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