On 9 December 2020, AST GVT passed legislation on foreign investment framework reform. Requires foreign investors to seek approval for all investments in sensitive national security land or businesses, including starting such a business, regardless of value. Subjects foreign investors to enhanced monitoring and investigation powers. As well as continue to bear the costs of…
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France – GVT Foreign Direct Investment
On 12 October 2020, FR GVT issued update on entry into force of EU regulation. DG Trésor issued an update on the entry into force of the regulation establishing a framework for screening of foreign direct investments (FDIs) in the European Union. Followed March 2019, EC regulation on screening foreign direct investment. Followed December 2019,…
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E.U. – Screening of Foreign Direct Investment
On 9 October 2020, EC announced the EU framework for screening of foreign direct investment (FDI) will become fully operational as of 11 October2020. Following formal entry into force of FDI screening regulation in April 2019, EC and member States have worked on putting in place necessary operational requirements. Included notification by EU member States…
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