On October 31, 2024, several significant regulatory updates were announced, including a proposed rule restricting data sharing with China, Russia, Iran, North Korea, Cuba, and Venezuela. The U.S. Treasury also published final rules for the Outbound Investment Security Program, marking a crucial step in regulating international investments. Legal firms reported the long-awaited final rule for outbound investment regulations, emphasizing its importance for compliance in the finance sector. Additionally, updates regarding the Corporate Transparency Act were released, focusing on tax-exempt entities. The Financial Crimes Enforcement Network (FinCEN) introduced a final anti-money laundering rule specifically for investment advisers, and a deadline for beneficial ownership reporting under the Corporate Transparency Act is approaching, highlighting ongoing efforts to enhance corporate transparency and accountability in the U.S.