CFIUS Adds New Zealand to Excepted Foreign States List and Finalizes Additional Time for Allies to Secure Excepted Foreign State Status
The Committee on Foreign Investment in the United States (“CFIUS”) earlier this month released a fact sheet announcing updates on excepted foreign states determinations, including the addition of New Zealand to CFIUS’s excepted foreign states list, effective as of January 6, 2022. The fact sheet also details the U.S. Department of Treasury’s (“Treasury”) January 6, 2022 final rule, adopting without change its proposed rule modifying the definitions of “excepted foreign state” and “excepted real estate foreign state,” which we previously detailed here. The final rule will be effective February 4, 2022.
