The Treasury Department's new outbound investment rules will officially take effect Jan. 2, creating new prohibitions and notification requirements to limit certain U.S. business activities in China’s semiconductor, artificial intelligence and quantum sectors. The 297-page final rule, released in pre-publication form Oct. 28, adopts many of Treasury’s proposed regulations issued in June (see 2406210034) with a host of notable tweaks and clarifications, including a more detailed description for the rules’ AI investment threshold and insight into the agency’s due diligence expectations for U.S. companies.Read More >>