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Japan not exempted from new U.S. regulations on foreign investment

  • January 24, 2020
  • , Nikkei
  • JMH Summary

Nikkei wrote that the Treasury Department has released a list of countries to be exempted from new regulations set by the Committee on Foreign Investment in the United States (CFIUS), which examines the national security risks posed by foreign capital investment. The new regulations will reportedly be applied when the Foreign Investment Risk Review Modernization Act (FIRRMA) comes into force on Feb. 13. Although Japan enacted a law to amend its Foreign Exchange and Foreign Trade Control Law in November 2019 to act in accordance with the United States in the hope that this would enable it to be exempted from the new rules, it was not included in the list of exempted states.

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