On 15 December 2023, SWI GVT informed that the Federal Council adopted the draft act on foreign investment screening thereby fulfilling its mandate from SWI PRL and Rieder motion.

• Foreign investment screening will take the form of an approval requirement for the takeover of domestic companies, operating in a highly critical sector, by a foreign state-controlled investor.
• The state control criterion also applies to private companies that are under direct or indirect state control; critical sectors include defense equipment, dual use goods.
• Electricity transmission/production, water, health, telecoms, transport infrastructure.