On 19 June 2024, the Ministry of Finance, Ministry of Economy, Trade and Industry, and Ministry of Land, Infrastructure, Transport and Tourism launched a public consultation on the draft amendment to the core business sectors of the Foreign Exchange and Foreign Trade Act to secure stable supply chains. Submissions may be submitted: by mail: 3-3-1 Kasumigaseki,…
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U.K. – Parliament National Security, Investment Bill
On 11 March 2021, UKP said members continued committee stage on 9 March 2021. Discussed acquisition of land near sensitive sites, minority investor veto rights and assets wholly controlled within UK higher education and research institutes. UKP issued 3rd marshalled list for committee, committee stage continues on 16 March 2021.
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U.K. GVT National Security and Investment Bill Regime
On 2 March 2021, UK GVT narrowed definitions of new regime sector scope. UK GVT published further details about the sectors within scope of the mandatory notification regime under the proposed national security and investment bill. Follows UKP November 2020 issued bill on national security and investments. And follows UK GVT November 2020 consultation on…
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U.K. – Gov’t National Security, Investment Bill
On 17 November 2020, UKP published Commons second reading of bill, and noted no debate in Commons program motion, nor for Commons money resolution. The bill is now being considered by a public bill committee which will scrutinize the bill line by line and is expected to report to the House by 15 December 2020.…
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UK – Gov’t National Security, Investment Bill
On 11 November 2020, UKP issued bill on national security and investments. UKP said national security and investments bill 2019-21 had first commons reading. UK GVT issued statement of policy intent, impact assessment, regulatory policy committee report, memos on human rights, delegated powers and regulatory reform committee, plus factsheets on overview of bill and the…
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Russia – CB Ownership In Financial Firms
On 29 May 2020, RUS CB issued notice on ownership of financial firms. RUS CB will provide simpler language about the ownership structure of financial firms. The aim is to help consumers, investors and public to understand the firms' ownership. Key Points The simpler disclosures apply to insurers, management companies, microfinance firms. RUS CB will…
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