CELIS Blog

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 violations of the laws and ...

Dr. Thomas Papadopoulos and Mr. Pantelis Christofides, CELIS Country Reporter for Cyprus,  provide an update on the current state of play of the process on legislation to screen foreign direct investment in Cyprus.            

Dr. Thomas Papadopoulos and Mr. Pantelis Christofides, CELIS Country Reporter for Cyprus,  report on the current state of play of the process on legislation to screen foreign direct investment in Cyprus.      

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 the EU mainly an overview ...

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 year. The Ministry of Industry ...

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 which will capture foreign transactions ...

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 advises member states to be ...

Phil Baumann, CELIS Country Reporter for Switzerland, briefly reports on the initiation of the consultation process on legislation to screen foreign direct investment by the Swiss Federal Council.

Andrea Sacco Ginevri, CELIS Country Reporter for Italy, Federico Riganti, CELIS Assistant Country Reporter for Italy, and Linda Lorenzon, CELIS Assistant Country Reporter for Italy, shortly brief us on the latest amendments of the Italian "golden powers" regulations.

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 smartphones, semiconductors are increasingly perceived ...