[Federal Register Volume 87, Number 5 (Friday, January 7, 2022)]
[Rules and Regulations]
[Page 875]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-00234]



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 Rules and Regulations
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  Federal Register / Vol. 87, No. 5 / Friday, January 7, 2022 / Rules 
and Regulations  

[[Page 875]]


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DEPARTMENT OF THE TREASURY

Office of Investment Security

31 CFR Part 802


Determination Regarding Excepted Real Estate 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 made significant progress 
toward establishing and 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: 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: [email protected].

SUPPLEMENTARY INFORMATION:

Electronic Availability

    The list of excepted real estate 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 802.1001(a), that: (1) 
Australia has made significant progress toward establishing and 
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 made significant progress toward establishing and 
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 real estate foreign state under 31 CFR 802.214 with respect 
to Australia and Canada. Therefore, Australia and Canada are and will 
remain excepted real estate foreign states absent further Committee 
action and notice in the Federal Register.

Larry McDonald,
Acting Assistant Secretary for International Markets.
[FR Doc. 2022-00234 Filed 1-5-22; 4:15 pm]
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