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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U.K. – CMA Foreign Direct Investments
On 7 September 2020, UK CMA proposed guidance on its powers and procedures. UK CMA issued consultation on proposed guidance setting out powers and procedures used in cooperation mechanisms under EU foreign direct investments (FDI) regulation. FDI Regulation Creates a cooperation mechanism within the EU for exchange of information on an FDI. In relation to…
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New Zealand – Extends Foreign Investment Measures
On 1 September 2020, NZ GVT retained temporary investment screening rules. NZ GVT announced it would keep emergency notification regime in the overseas investment act 2005 for 90 more days to protect New Zealand’s national interest. Follows NZ GVT May 2020, updated foreign investment screening rules. Background Introduced June 2020, to manage heightened foreign investment…
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India – SEBI Foreign Direct Investment
On 23 June 2020, IND SEBI said following representations from various stakeholders, it has decided that the temporary relaxations will be extended to 31 August 2020.
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COVID-19 Brings Renewed Concerns Over FDI
Late 2018 into early 2019, there was increasing attention put on foreign direct investment in sensitive sectors by...full article.
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