WASHINGTON — The Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States (CFIUS), released the public version of its Annual Report to Congress for calendar year 2021.
The Annual Report highlights key indicators of the CFIUS process and provides statistics on transactions that were filed with CFIUS in 2021, the first full year since the regulations implementing the Foreign Investment Risk Review Modernization Act of 2018 were finalized. Among other things, the Annual Report details measures taken to address national security risks arising from covered transactions.
“This year’s Annual Report demonstrates that CFIUS is reviewing a record number of transactions and taking important and necessary measures to safeguard national security, while also quickly clearing benign investments,” said Assistant Secretary for Investment Security Paul Rosen. “The report also reflects a growing number of potential non-notified transactions that CFIUS proactively identified, as well as increasingly complex transactions, particularly those involving data.”
Key highlights from 2021 include the following:
The Annual Report is submitted to Congress pursuant to Section 721 of the Defense Production Act of 1950, 50 U.S.C. § 4565.
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