Fluet is proud to share that Andrew Astuno, International Trade Counsel, has been featured in a prominent article in Export Compliance Daily, a leading publication in the export trade regulatory landscape.

The article, titled “Treasury’s Outbound Notification Rules May Present Hidden Risks for Investors, Lawyers Say,” highlights Andrew’s participation and insights shared during a recent roundtable hosted by the Capitol Forum discussing the upcoming and highly anticipated Treasury Department’s Outbound Investment Security Program. Drawing from his experience as a former Treasury policy adviser specializing in CFIUS reviews, Andrew provided valuable commentary on the complexities and potential implications of these new regulations.

Key points from Andrew’s contribution include:

  • Analysis of potential risks associated with notification requirements for U.S. investors in China
  • Discussion on the uncertainties surrounding the exact procedures and rules of the notification regime
  • Exploration of possible government reviews and mitigation measures for notified investments

“The exact procedures and rules for the notification regime are yet to be fully articulated,” Andrew stated during the October 13 event. “This adds to the overall calculus of uncertainty for investors and businesses operating in this space.”

Andrew raised important questions about the implementation of these regulations, including whether the government plans to review and possibly unwind, or impose mitigation measures on certain notified investments. He noted that these aspects “have yet to be articulated in the regulations,” further contributing to the uncertainty faced by U.S. investors and worldwide businesses with U.S. controlling ownership.

Andrew’s inclusion in Export Compliance Daily exemplifies Fluet’s unwavering commitment to remaining at the cutting edge of international trade issues. His experience provides crucial guidance to clients navigating the complex landscape of global investments and compliance, particularly in critical sectors such as artificial intelligence, quantum computing, and semiconductors.

For more information on Andrew and Fluet’s International Trade Practice, click here.