Regulation

Outbound investment screening regime raises questions and challenges

STEPTOE: OUTSIDE COUNSEL

On 9 August, the White House issued an executive order, entitled Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern (“EO 14105”). EO 14105 establishes a new regulatory regime that will prohibit, or require the notification of, certain investment activity by US persons involving China (including Macao and Hong Kong).

EO 14105 is relatively tailored and focuses on specific sectors, including: (1) micro...

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