The report reflects CFIUS’ work during the first full year since the Foreign Investment Risk Review Modernization Act implementing regulations took effect.

On August 2, 2022, the Committee on Foreign Investment in the United States (CFIUS) published the public version of its Annual Report to Congress for Calendar Year 2021 (the Report), which highlights key indicators of the CFIUS process and statistics on transactions filed in calendar year 2021.

This Client Alert presents six takeaways from the Report.