The Department of Justice is drawing closer to completing regulations for the Foreign Investment Risk Review Modernization Act of 2018, Deputy Assistant Attorney General Adam Hickey said, and is “working closely” with the Treasury Department to develop regulations for the “expanded authority” it grants the Committee on Foreign Investment in the United States (CFIUS). Speaking at the National Conference on CFIUS and Team Telecom on April 24, Hickey presented FIRRMA and CFIUS as making the U.S. a more “attractive” alternative for investment than China while criticizing that country’s “foreign ownership restrictions, joint venture requirements” and “vague” approval processes that allow the Chinese government to “pressure [U.S. companies] to transfer their technology as a condition of market access.”
Other U.S.
to
Refine Category Search
Clear Terms
Search Primer
Term list: Separate terms with spaces, not commas or semicolons.
Multi-word term: Place inside quotes to ensure an exact match (e.g. "foreign direct product rule").
Acronyms: Use all capital letters to ensure the search is not looking for that letter sequence instead. (e.g., BIS).
Required term: If a term must be included in any resulting articles, prefix it with a plus sign (e.g., BIS +Huawei).
Excluded term: If a term should be excluded from any articles being found, prefix it with a minus sign (e.g., China -tariff).
Simplest form: Use the simplest form of a term (e.g. "russian export control" instead of "russian export controls" or "entity list" instead of "entity listing").