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US Treasury’s Outbound Investment Security Program: Lessons and Insights
On January 2, 2025, the US Department of the Treasury’s (Treasury) Final Rule implementing the Outbound Investment Security Program (OISP) pursuant to Executive Order 14105 went into effect, under which US Persons are prohibited from engaging in, or are required to provide notification to Treasury of, certain investments involving persons of so-called “Countries of Concern” (currently, the People’s Republic of China, including the Special Administrative Regions of Hong Kong and Macau) that…
By: McDermott Will & Schulte