US Treasury Issues Final CFIUS Regulations
Of DOW JONES NEWSWIRES
WASHINGTON -(Dow Jones)- The U.S. Treasury Department Friday issued final regulations to clarify the types of transactions that would be subject to review by the Committee on Foreign Investment in the U.S.
The regulations say transactions proposed or pending after Aug. 23, 1988 that could result in a foreign person controlling a U.S. business would be subject to review. Additionally, they say start-up investments would not be subject to review.
U.S. Treasury Secretary Henry Paulson said, "The final regulations issued today strengthen the CFIUS process in a manner that reaffirms America's longstanding policy of openness to investment, consistent with the protection of our national security."
-By Meena Thiruvengadam, Dow Jones Newswires; 202-862-6629; meena.thiruvengadam@dowjones.com
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(END) Dow Jones Newswires
November 14, 2008 17:45 ET (22:45 GMT)
Publié le 14 novembre 2008 Copyright © 2008 Dowjones
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