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The CELIS Institute together with BLOMSTEIN have successfully assisted AmCham Moldova in improving the national Moldovan FDI law and align it with best practises in the EU
Over the past three months, the CELIS Institute has brought together a team of leading FDI experts to assist the American Chamber of Commerce (AmCham) in Moldova in improving Moldova's Foreign Direct Investment (FDI) screening mechanism. The team supporting this process consisted of Dr Roland M. Stein and Dr Laura Louca from BLOMSTEIN and Professor Steffen Hindelang of Uppsala University. ...
Continue reading CELIS Update on Investment Screening – December 2023
Romania – New Amendments to the Romanian FDI regime On 6 December 2023 the Government Emergency Ordinance no. 108/2023 (“GEO 108/2023) was published in the Official Gazette. GEO 108/2023 provides for new amendments to Romania’s Competition Law no. 21/1996, aimed at fully transposing the EU Directive 1/2019 into local law. Main legislative changes include the meaning of foreign direct investment ...
Continue reading A message from the Editorial Team – Holiday Break
The Editorial Team of the CELIS Blog will be offline for the holidays. The CELIS Blog will be back with more exciting news on investment screening and beyond on 8 January 2024.
Continue reading Launch of the CELIS German Chapter and BDI-Event in Berlin
By Leonard von Rummel, BLOMSTEIN If you are interested in the latest developments and challenges in the field of investment screening and its impact on the German economy, you should not miss the Investment Screening Conference hosted by BDI and CELIS German Chapter on February 20, 2024 at the Haus der Deutschen Wirtschaft in Berlin. Globalisation is under great pressure ...
Continue reading Lessons learned from the “Kleo Connect” Case
By Janosch Wiesenthal, University of Lüneburg Due to its geo-economic orientation, both politicians and legal scholars usually perceive investment screening as a field being at the mercy of political interests. The "Kleo Connect" case confirms that this traditional perception still holds true. In addition, it also reveals that investment screening mechanisms might be used to different ends, namely ...
Continue reading Huawei Technologies Co. LTD. v. The Kingdom of Sweden – ISDS as a potential remedy against the Huawei ban from the 5G rollout?
By Kilian Wagner, University of Vienna Spearheaded by the United States, several states including Australia, Canada, Japan and the United Kingdom have imposed restrictions on the Chinese tech-giant Huawei. These measures essentially ban Huawei’s products for the roll-out of the infrastructure for the fifth generation of wireless technology (5G) on national security grounds. The EU has not taken a ...
Continue reading Screening Regime for Foreign Investment to be Introduced in Ireland
By Conor Hand, Deputy Director Investment Screening Unit at the Department of Enterprise Trade and Employment (Ireland) Introduction In an increasingly interconnected world, the national and global security environment is becoming more contested and complex. Reflecting this changing environment, and the increasing diversification of threats, the Irish Government has passed a key piece of legislation designed to protect security ...
Continue reading Marking a New Investment Era in Sweden: Enter the Swedish FDI Regime
By Pouya Ghotbi, Wistrand Advokatbyrå Background In 1916, the Swedish government introduced a piece of legislation restricting the right of foreigners to invest in Sweden. During the 1970s and early 1980s, the legislation was further tightened, making it difficult for foreigners to acquire businesses in Sweden without government scrutiny. The Act was abolished 1991, embarking on an open economy ...
Continue reading CELIS Update on Investment Screening – November 2023
Ireland – Introduction of a new FDI screening regime on 31 October 2023 On 31 October 2023, the Screening of Third Country Transactions Act 2023 was signed into law. Since the initial draft was published on 2 August 2022, the Act has undergone a series of amendments during the course of 2023,. Therewith, for the first time, there is a ...
Continue reading Taking due process seriously – The Administrative Court of Berlin doubles down on FDI procedural rules
By Jonas Fechter, University of Münster / CELIS Deputy Assistant Director I. Introduction Investment screening is infamous for the low number of judicial proceedings that have challenged the legality of the prohibition and mitigation measures imposed by governments. As a result, there is, as yet, no strong body of case law clarifying how investment screening laws are to be applied, ...
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The CELIS Blog always welcomes posts from economic security professionals that address current issues in international investment screening and economic security law and practice. Would you like to contribute to the Blog? Please contact our editors: blog@celis.institute
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