Webcast: CFIUS Updates and U.S. Outbound Investment Regime Preview

October 17, 2023

CFIUS practitioners from Gibson Dunn examine CFIUS trends and mid-year updates, as well as key aspects of the forthcoming outbound investment regime targeting U.S. investments abroad. Topics discussed include:

– Overview of CFIUS’s Expanding View of National Security Factors
– CFIUS Recent Developments: Springing Rights, Limited Partners, and Real Estate
– The Rise of State Restrictions on Foreign Investment in Real Estate
– Outbound Investment Review: How the New Regime is Shaping Up
– De-coupling v. De-risking: Practical Guidance in an Interconnected World

View Slides (PDF)


Stephenie Gosnell Handler is a partner in the Washington, D.C. office of Gibson, Dunn & Crutcher, where she is a member of the International Trade and Privacy, Cybersecurity, and Data Innovation practices. She advises clients on complex legal, regulatory, and compliance issues relating to international trade, cybersecurity, and technology matters. Ms. Handler has significant experience advising clients on CFIUS and national security matters, as well as advising clients on diverse global cybersecurity and technology matters.

Fang Xue is the chief representative and partner in charge of the Beijing office and a partner in the Singapore office. She is a member of the firm’s Corporate and its Mergers and Acquisitions, Private Equity, International Trade, and National Security Practice Groups. Fang has broad-based corporate and commercial experience. She has represented Chinese and international corporations and private equity funds in cross-border acquisitions, private equity transactions, stock and asset transactions, joint ventures, going private transactions, tender offers and venture capital transactions, including many landmark deals among those. She also advises clients on corporate, compliance, export control and international trade related matters.

David A. Wolber is a registered foreign lawyer (New York) in Hong Kong and of counsel in the Hong Kong office. He is a member of the firm’s International Trade, Global Financial Regulatory and White Collar Defense and Investigations Practice Groups. David assists clients around the world in understanding and navigating complex legal, compliance, reputational, political and other risks arising out of the interplay of various international trade, national security and financial crime laws and regulations, with particular expertise advising clients on economic and trade sanctions, export controls, foreign direct investment controls/CFIUS, anti-money laundering and anti-bribery and anti-corruption laws and regulations.

Arnold Pun is an associate in the Hong Kong office. He is a member of the Litigation Practice Group. Arnold advises international financial institutions on a wide range of contentious and non-contentious regulatory issues. He has advised clients on significant regulatory investigations relating to sponsor misconduct, mis-selling of investment products, fraud and market misconduct in Hong Kong and the wider Asia-Pacific region. Arnold also advises clients on complex non-contentious regulatory matters, with a particular focus on fintech, anti-money laundering, sales and trading, and matters relating to the Securities and Futures Ordinance (SFO) and the Banking Ordinance. He also advises on securities and futures licensing applications and financial market misconduct more broadly.


This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hour, of which 1.0 credit hour may be applied toward the areas of professional practice requirement. This course is approved for transitional/non-transitional credit.

Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact [email protected] to request the MCLE form.

Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hour.

California attorneys may claim “self-study” credit for viewing the archived version of this webcast. No certificate of attendance is required for California “self-study” credit.