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Federal Register / Vol. 86, No. 22 / Thursday, February 4, 2021 / Notices Last name
First name
YATES
YEE
YEN
YONEKAWA
YOSHIDA
YUNG
YUNG
ZENUK
ZHANG
ZHANG
ZHANG
ZHI
ZUNE

JAMES
JACQUELINE
PAU
YOSHIOU
SATORI
ISAAC
NGAN
TANYA
HONGQING
WEIYANG
ZHEHUA
XUEYAN
CATHERINE

Dated: January 27, 2021.
Godofredo Burgos-Rodriguez, Manager Classification Team 82413, Examinations OperationsPhiladelphia Compliance Services.
FR Doc. 202102337 Filed 2321; 8:45 am BILLING CODE 483001P

DEPARTMENT OF THE TREASURY
Privacy Act of 1974; System of Records Departmental Offices, Department of the Treasury.
ACTION: Notice of a modified system of records notice.
AGENCY:

In accordance with the Privacy Act of 1974, the Department of the Treasury Treasury, Departmental Offices proposes to modify a system of records notice relating to the Treasury system of records titled, Department of the Treasury, Departmental Offices .227Committee on Foreign Investment in the United States CFIUS Case Management System.
DATES: Written comments must be received by March 8, 2021. The modification will be applicable on March 8, 2021 unless Treasury receives comments and determines that changes to the system of records notice are necessary.
SUMMARY:

Written comments on this notice may be submitted electronically through the Federal government eRulemaking portal at http
www.regulations.gov. Electronic submission of comments allows the commenter maximum time to prepare and submit a comment, ensures timely receipt, and enables the Department of the Treasury Treasury to make the comments available to the public. Please note that comments submitted through https www.regulations.gov will be public, and can be viewed by members of the public. Due to COVID19-related restrictions, Treasury has temporarily
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suspended its ability to receive public comments by mail.
In general, Treasury will post all comments to https
www.regulations.gov without change, including any business or personal information provided, such as names, addresses, email addresses, or telephone numbers. All comments received, including attachments and other supporting material, will be part of the public record and subject to public disclosure. You should only submit information that you wish to make publicly available.
FOR FURTHER INFORMATION CONTACT: For questions about this notice and privacy issues, contact: Ryan Law, Deputy Assistant Secretary for Privacy, Transparency, and Records at U.S.
Department of the Treasury, 1500
Pennsylvania Avenue NW, Washington, DC 20220; telephone: 202 6225710.
SUPPLEMENTARY INFORMATION: In accordance with the Privacy Act of 1974, as amended 5 U.S.C. 552a, the Department of the Treasury Treasury, Departmental Offices proposes to modify a system of records notice, 85 FR
55354, relating to the Treasury system of records titled, Department of the Treasury, Departmental Offices .227
Committee on Foreign Investment in the United States CFIUS Case Management System. Treasury is 1 adding the authorities 44 U.S.C. 3101, and E.O.
9397 and 13478, and 2 replacing the authorities 85 FR 3112; 85 FR 3158; 85
FR 8747; 85 FR 45311 with 31 CFR
part 800 2019; 31 CFR parts 800802
2020, as amended, to ensure that the public is aware of these additional authorities and to clarify the applicable regulatory authorities, even though the authorities are already publicly available in the United States Code, the Federal Register, and the Code of Federal Regulations.
As background, in 2007, the Foreign Investment and National Security Act of 2007 FINSA, Public Law 11049, 121
Stat. 246, was enacted. FINSA amended
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section 721 of the Defense Production Act of 1950, as amended Section 721, which delineates the authorities and jurisdiction of CFIUS. FINSA codified aspects of the structure, role, process, and responsibilities of CFIUS and the role of executive branch departments, agencies, and offices in CFIUSs review of transactions for national security concerns, and required the issuance of regulations implementing its provisions.
Treasury published regulations codified at part 800 of title 31 of the Code of Federal Regulations CFR pursuant to a final rule 73 FR 70702 November 21, 2008, which implemented provisions of FINSA, and became effective as of December 22, 2008.
In 2018, the Foreign Investment Risk Review Modernization Act of 2018
FIRRMA, Subtitle A of Title XII of Public Law 115232, 132 Stat. 2173, was enacted, which further amended Section 721 by broadening the authorities of the President and CFIUS
under Section 721 to review and take action to address any national security concerns arising from certain noncontrolling investments and certain real estate transactions involving foreign persons. Following the enactment of FIRRMA, on October 11, 2018, Treasury published regulations in the form of an interim rule, which amended the CFIUS
regulations codified at part 800 of title 31 of the CFR to implement, and make updates consistent with, certain provisions of FIRRMA that became immediately effective October 2018
Interim Rule. See 83 FR 51316 October 11, 2018. The October 2018 Interim Rule took effect on November 10, 2018.
Treasury published a second interim rule codified at part 801 of title 31 of the CFR on October 11, 2018, pursuant to section 1727c of FIRRMA, setting forth the scope of, and procedures for, a pilot program to review certain transactions involving foreign persons and critical technologies Pilot Program Interim Rule. See 83 FR 51322 October 11, 2018. The Pilot Program Interim Rule,
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