CELIS Update on Investment Screening – February 2024

Ireland – Draft Guidance and Notification Form on the Irish Screening of Third Country Transactions Act 2023 On 16 February 2024, the Department of Enterprise, Trade and Employment published the Draft Guidance on the Irish Screening of Third Country Transactions Act 2023, as well as a Draft Notification Form. The regime is expected to enter…

Read More ...

CELIS Update on Investment Screening – January 2024

EU –European Commission announces new economic security initiatives On 24 January 2024, the European Commission announced five initiatives aimed at enhancing EU economic security in the face of risks from profound technological shifts and increased geopolitical tensions. These initiatives follow on from the publication of the European Economic Security Strategy in June 2023. Amongst others,…

Read More ...

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…

Read More ...

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…

Read More ...

CELIS Update on Investment Screening – October 2023

Germany – Upcoming Investment Screening Act and the 20th Amendment to the AWV There is a new Investment Screening Act upcoming in Germany – the new law is expected to separate the foreign direct investment screening rules from the German Foreign Trade Laws (contained in AWG and AWV), restructuring them into an isolated law. A…

Read More ...

CELIS Update on Investment Screening – September 2023

CELIS Update on Investment Screening - September 2023

Estonia – FDI regime coming into force on 1 September 2023 Several FDI regimes came into force at the beginning of the month of September 2023. The Estonian Act establishing a new FDI regime in Estonia came into force on 1 September 2023. The Estonian Parliament adopted the Foreign Investment Reliability Assessment Act on 25…

Read More ...

CELIS Update on Investment Screening – August 2023

Luxembourg – FDI Regime coming into force on 1 September 2023 The Luxembourg law of 14 July 2023 introduces a new foreign direct investment regime with a suspensory mandatory notification requirement in relation to investments in a broad range of sectors. Luxembourg is the latest European jurisdiction to pass broad FDI legislation and its FDI…

Read More ...