ARTICLE · 12 NOVEMBER 2024
Market Intelligence Thought Leadership Award WinnerTwenty Questions: Outbound Investment Security Program Targets China's Semiconductor, Quantum Computing, And AI Industries
On October 28, 2024, the US Department of the Treasury issued final regulations governing certain outbound investments in the semiconductor, quantum computing, and artificial intelligence...
On October 28, 2024, the US Department of the Treasury issued
final regulations governing certain outbound investments in the
semiconductor, quantum computing, and artificial intelligence (AI)
sectors of the People's Republic of China, along with Hong Kong
and Macau (collectively referred to herein as China). This action
follows President Biden's Executive Order 14105 (August 9, 2023), an advance notice of proposed rulemaking (August
14, 2023; see our prior client alert on this topic here), and a notice of proposed rulemaking (July 5,
2024).
We refer to the final rule as the Outbound Investment Security
Program, or the OISP. Below, we offer answers to 20 common
questions.
1. What is the OISP?
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