Posts Tagged ‘CELIS-CONTENT-Newsfeed’
CELIS Update on Investment Screening – June 2023
Belgium – FDI screening regime enters into force 1 July 2023 As almost all EU Member States have introduced a foreign direct investment screening mechanism into their law, it is now Belgium’s turn: on July 1 2023, Belgium’s new FDI screening regulations, drafted in June 2022, will take effect. As there is a significant increase…
Read More ...CELIS Update on Investment Screening – April 2023
EU – Commission considers introducing an outbound investment screening mechanism On 30 March 2023, European Commission President Ursula von der Leyen gave a speech in which she announced that the EU is preparing a mechanism for screening outbound investment. The speech was made during her visit to China on 5-6 April and addresses the threats…
Read More ...CELIS Update on Investment Screening – March 2023
France – Considerable increase in international investments On 27 February 2023, the French government announced that the number of international investments in France had increased in 2022 compared to 2021: 1,725 investment decisions were recorded in France that year, an increase of 7% compared to 2021. Projects in the energy and recycling sectors have grown…
Read More ...CELIS Update on Investment Screening – February 2023
Estonia – Introduction of new FDI-regime On 25 January 2023, the Estonian Parliament has passed the Foreign Investment Reliability Assessment Act which will enter into force on 1 September 2023. The act will introduce the very first Foreign Direct Investment Screening (FDI) regime in Estonia. Under the new law foreign direct and indirect investments from…
Read More ...CELIS Update on Investment Screening – January 2023
France – Extension of temporary FDI framework for another year On 23 December 2022, the French government published Decree No. 2022-1622 concerning the extension for another year of the temporary framework lowering the threshold for acquiring voting rights that may trigger FDI screening procedure in France from 25% to 10%. While this temporary regime, which…
Read More ...CELIS Annual Call 2023: CELIS Country Reporter
Annual Call for Expression of Interest 2023 CELIS Country Reporters on Foreign Investment Regulation, especially Investment Screening The CELIS Institute announces the opening of a number of positions as CELIS Country Reporter and CELIS Assistant Country Reporter (m/f/d) which will contribute to the Institute’s Knowledge and Research Hub at www.celis.institute. We are particularly interested in applications from the…
Read More ...PRISM – Politics and Regulation of Investment Screening Mechanisms newsfeed
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Read More ...CELIS Update on Investment Screening – November 2022
EU – Commission prepares revision of the EU’s FDI Screening Regulation In a communication on its work programme for 2023 dated 18.10.2022, the European Commission announced that it is ready to review the EU FDI Screening Regulation two years after its entry into force. The aim is to identify the necessary modifications that would improve…
Read More ...CELIS Update on Investment Screening – October 2022
USA – Treasury publishes CFIUS Enforcement and Penalty Guidelines On 20 October 2022 the Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”), has released the first-ever CFIUS Enforcement and Penalty Guidelines. The Guidelines provide the public with information about how the Committee assesses…
Read More ...CELIS Update on Investment Screening – September 2022
EU – European Commission publishes Second Annual Report on the screening of foreign direct investments into the Union On 1 September 2022, the European Commission (EC) published the Second Annual Report on the Screening of Foreign Direct Investment into the Union. The report contains besides the most recent data on foreign direct investment inflows into…
Read More ...CELIS Update on Investment Screening – August 2022
Czechia – First Annual Report on Foreign Direct Investments Screening in the Czech Republic On 1 August 2022, the Ministry of Industry and Trade of the Czech Republic published the first Annual Report on Foreign Investments Screening in the Czech Republic. The report provides some interesting insights on the FDI Act that has been in effect for one…
Read More ...CELIS Update on Investment Screening – June 2022
Belgium – Introduction of a general FDI regime The next EU member state is about to implement the EU Foreign Direct Investment (FDI) regulation and to present its first FDI regime. On 1 June 2022, the federal and regional governments of Belgium agreed on a draft legislative text that will introduce a mandatory FDI regime…
Read More ...CELIS Update on Investment Screening – May 2022
EU – Commission singles out “hostile investors” As a reaction of the war against Ukraine, for the first time ever, the European Commission has taken the step of singling out two hostile investor countries for Member States to consider in applying foreign direct investment (“FDI”) screening laws. In its communication from 6 April 2022 the Commission…
Read More ...CELIS Update on Investment Screening – February 2022
EU – Commission proposes European Chips Act On 8 February 2022, the European Commission published multiple documents relating to the Proposal for a Regulation establishing a framework of measures for strengthening Europe’s semiconductor ecosystem (European Chips Act). Due to their importance in the production of many goods in the technology sector, such as cars or…
Read More ...CELIS Update on Investment Screening – January 2022
Germany – Second Amendment to Ordinance on the Designation of Critical Infrastructures enters into force and will cause more FDI Screening On 1 January 2022, the second amendment to the Ordinance on the Designation of Critical Infrastructures (“BSI-KritisV”) entered into force. The amendment constitutes an overhaul of the ordinance, which significantly lowers the thresholds that…
Read More ...CELIS Update on Investment Screening – November/December 2021
UK – Further secondary legislation intended to clarify certain aspects under the National Security and Investment Act published On 16 November 2021, the government published further secondary legislation to clarify certain aspects under the National Security and Investment Act, the latter entering into force on 4 January 2022. The secondary legislation sets out the acquisitions…
Read More ...CELIS Update on Investment Screening – October/November 2021
EU – Launch of consultation platform on the EU-US Trade and Technology Council (TTC) On 18 October 2021, following the inaugural meeting in September, the European Union and the United States set up an online consultation platform for stakeholders to involve in shaping the transatlantic cooperation under the TTC. The platform will allow stakeholders to…
Read More ...CELIS Update on Investment Screening – October 2021
Japan – Notification obligation for investments in critical minerals The Ministry of Finance as well as other Ministries confirmed that foreign investors of three new “core business sectors” that plan to invest in critical minerals will be required to file a prior notification from 5 November 2021 under new rules in the Foreign Exchange and…
Read More ...CELIS Update on Investment Screening – September 2021 (Part II)
Luxembourg – Minister for Foreign and European Affairs submits Bill on Investment Screening On 15 September 2021, the Minister for Foreign and European Affairs has submitted a bill “establishing a national screening mechanism for foreign direct investment that may affect security or public order” for the purpose of implementing Regulation (EU) 2019/452. The Bill concerns…
Read More ...CELIS Update on Investment Screening – September 2021 (Part I)
EU – CJEU rules intra-EU investment arbitration under the Energy Charter Treaty (ECT) to be incompatible with EU law On 2 September 2021, the CJEU issued its ruling in Case C‑741/19 (Republic of Moldova v Komstroy) finding that Article 26 of the ECT is not applicable to intra-EU investment disputes due to a violation of…
Read More ...CELIS Update on Investment Screening – August 2021
Australia – The Treasury completes consultations on foreign investment reforms On 31 August 2021, the Treasury has completed its consultation process of recent reforms on foreign investment in 2020. In order to evaluate the reforms, the Treasury invited stakeholders to submit written statements on key elements such as national security, compliance, streamlining and fees. The…
Read More ...CELIS Update on Investment Screening – July/August 2021
Australia – Foreign Investment Review Board (FIRB) publishes a series of guidance notes The FIRB published a series of guidance notes which should help foreign investors navigating through the review process of their investments. The notes not only give a quick overview of the foreign investment screening regime but also contain information about how those…
Read More ...CELIS Update on Investment Screening – July 2021
Denmark – New Danish Investment Screening Regime enters into force On July 1, the new Danish Investment Screening Act, adopted by the Parliament in May, entered into force. The objective of the new law is to prevent foreign investments executed after September 1 (as the law does not apply to investments prior to that date)…
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