Rule2021-28598
Determination Regarding Excepted Foreign States
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 6, 2022
Effective
January 5, 2022
Issuing agencies
Treasury DepartmentInvestment Security Office
Abstract
The Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States, is publishing the Committee's determination that two foreign states have established and are effectively utilizing a robust process to analyze foreign investments for national security risks and to facilitate coordination with the United States on matters relating to investment security.
Full Text
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<title>Federal Register, Volume 87 Issue 4 (Thursday, January 6, 2022)</title>
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[Federal Register Volume 87, Number 4 (Thursday, January 6, 2022)]
[Rules and Regulations]
[Page 731]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-28598]
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DEPARTMENT OF THE TREASURY
Office of Investment Security
31 CFR Part 800
Determination Regarding Excepted Foreign States
AGENCY: Office of Investment Security, Department of the Treasury.
ACTION: Determination.
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SUMMARY: The Department of the Treasury, as Chair of the Committee on
Foreign Investment in the United States, is publishing the Committee's
determination that two foreign states have established and are
effectively utilizing a robust process to analyze foreign investments
for national security risks and to facilitate coordination with the
United States on matters relating to investment security.
DATES: Effective January 5, 2022.
FOR FURTHER INFORMATION CONTACT: Laura Black, Director of Investment
Security Policy and International Relations, at U.S. Department of the
Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220; telephone:
(202) 622-3425; email: <a href="/cdn-cgi/l/email-protection#96d5d0dfc3c5b8d0dfc4c4dbd7d6e2e4f3f7e5e3e4efb8f1f9e0"><span class="__cf_email__" data-cfemail="e1a2a7a8b4b2cfa7a8b3b3aca0a19593848092949398cf868e97">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The list of excepted foreign states and additional information with
respect to the Committee on Foreign Investment in the United States
(CFIUS or the Committee) are available on the Committee's section of
the Department of the Treasury website.
Notice of CFIUS Action
The Committee, taking into consideration the factors identified on
the Committee's section of the Department of the Treasury website, has
determined, under the authority of section 721 of the Defense
Production Act of 1950, as amended, and 31 CFR 800.1001(a), that: (1)
Australia has established and is effectively utilizing a robust process
to analyze foreign investments for national security risks and to
facilitate coordination with the United States on matters relating to
investment security; and (2) Canada has established and is effectively
utilizing a robust process to analyze foreign investments for national
security risks and to facilitate coordination with the United States on
matters relating to investment security.
This determination satisfies the second criterion in the definition
of excepted foreign state under 31 CFR 800.218 with respect to
Australia and Canada. Therefore, Australia and Canada are and will
remain excepted foreign states absent further Committee action and
notice in the Federal Register.
Larry McDonald,
Acting Assistant Secretary for International Markets.
[FR Doc. 2021-28598 Filed 1-5-22; 8:45 am]
BILLING CODE 4810-AK-P
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