Major trade law changes are heading our way in 2024!
Brace for new outbound investment regulations. Jonathan Gafni, a renowned foreign investment lawyer, expects the Treasury Department to release its draft regulations in the first half of the year.
This means we could see them taking effect as early as the end of this year. The rules will feature a 30-day comment period, a review, and the issuance of the final version after another 30 days.
But what's really on everyone's minds? The specifics - which technologies and investors will be under scrutiny? What about indirect U.S. investments and non-Chinese companies with interests in China? The devil, as always, is in the details.
Experts hint at possible new Committee on Foreign Investment in the U.S. (CFIUS) rules this year, with bouts of efficiencies. Could we see the committee expanding its definition of critical technologies beyond its current scope?
It's not just the U.S. where changes stir on the horizon. Lawyers are grappling with foreign investment regimes popping up globally, from Australia, Canada, EU, to Asia.
The wheels are in motion, and it's critical to stay ahead of the curve. Are you ready to navigate the landscape of outbound investment regulations and CFIUS rules?
Stay tuned. Shape your investment strategies with informed decisions. Keep an eye on this space for more updates and insights.
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