Proposed Regulations Issued for Outbound Investment Program: Key Takeaways

On June 21, 2024, the US Department of the Treasury issued a Notice of Proposed Rulemaking (“Proposed Rule”) to implement Executive Order 14105 (“EO”) establishing a new Outbound Investment Program (“OIP”) to prohibit or require notification of certain outbound US investments to China (including Hong Kong and Macau) in several technology sectors relevant to military, intelligence, surveillance, or cyber-enabled capabilities……
By: White & Case LLP