Simpson Thacher Attorneys Author Article on Treasury Department’s Outbound Investment Security Program
07.15.24
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Partners Abram Ellis, Mick Tuesley, Mark Skerry and George Wang authored an article titled, “Treasury Issues Proposed Rule on Outbound Investment Security Program,” which was published by Thomson Reuters Westlaw. The article discussed key takeaways from the Treasury Department's recent outbound investment rule proposal, which establishes a new and targeted national security program to require the disclosure or prohibition of certain outbound transactions. The article further provides guidance for how asset managers, investors and other players in the financial services space should begin to evaluate which of their activities may be within the scope of the new regime, once the regulations are finalized.
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