Posts Tagged ‘CELIS-CONTENT-Government’
European Union – Fourth Annual Report on the screening of foreign direct investments into the Union (17 October 2024)
[pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2024/11/COM2024464_0.pdf” title=”COM(2024)464_0″][pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2024/11/COM2024464_0.pdf” title=”COM(2024)464_0″] On 17 October 2024, the European Commission released the Fourth Annual Report on the screening of foreign direct investments into the Union for the year 2023. The Report is divided into 4 chapters and based on reports by the 27 states.
Read More ...United States – Notice of Proposed Rulemaking to implement Executive Order 14105 (21 June 2024) (English)
On 21 June 2024, the U.S. Department of the Treasury issued a Notice of Proposed Rulemaking (NPRM) to implement the Executive Order 14105 of 9 August 2023 “Addressing United States Investments in Certain National Security Technologies and Products in Countries of Concern” (the Outbound Order). [pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2024/07/20240621_USA_L_Notice-of-Proposed-Rulemaking.pdf” title=”20240621_USA_L_Notice of Proposed Rulemaking”]
Read More ...Belgium – Guidance on the application of the Belgian FDI screening regime (4 April 2024) (Dutch)
On 4 April 2024, the Interfederal Screening Commission (ISC) published guidelines to provide further clarification on the Belgian rules on the screening of foreign direct investments. The Belgian FDI screening regime became effective on 1 July 2023 and since then a mandatory notification procedure has been in place in Belgium for transactions involving a non-EU…
Read More ...Ireland – Inward Investment Screening Notification Form (February 2024) (English)
On 16 February 2024, the Department of Enterprise, Trade and Employment published the Draft Guidance on the Irish Screening of Third Country Transactions Act 2023, as well as a Draft Notification Form.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 enter into force by 30 June 2024. The Guidance sets out the responsibilities and obligations arising for investors and…
Read More ...France – Décret n° 2023-1293 (19 December 2023) (French)
On 28 December 2023, a decree and a ministerial order was issued that extends the French FDI regime, which came into effect 1 January 2024. The French authorities have modified the réglementation relative au contrôle des investissements étrangers en France provided by the French Monetary and Financial Code (FFIR) by decree n° 2023-1293 published in…
Read More ...Hungary – Decree No. 566/2023 (14 December 2023) (Hungarian)
The Hungarian government has issued a new Government Decree No. 566/2023 (XII. 14.) amending certain provisions of Government Decree No. 561/2022 (XII. 23.) on the different application of certain measures necessary for the economic protection of business associations in Hungary during the state of emergency. The provisions of the government decree apply from 13 January…
Read More ...Singapore – Significant Investments Review Bill (2023) (English)
On 9 January 2024, the Singapore government passes a new Significant Investments Review Bill (“SIRB”), which allows the Minister to designate critical entities required to notify or seek approval from the Minister for ownership or control changes. The Bill was first introduced on 6 November 2023 and seeks to safeguard Singapore`s national security interests. The…
Read More ...Germany – Special Fees Ordinance (German)
https://www.recht.bund.de/bgbl/1/2023/248/VO.html On 15 September 2023, the Special Fees Ordinance of the Federal Ministry of Economics and Climate Protection (“BMWK”) and the Federal Office of Economics and Export Control (“BAFA”) for War Weapons Control, Export Control and Investment Control (“BMWKB-GebKAIV”) came into force. This means that from 1 January 2024, fees will be charged for the…
Read More ...Norway – Official Norwegian Report 2023: 28 (Norwegian)
https://www.regjeringen.no/contentassets/d48b7fedaa21484cb1f33e118bcd1162/no/pdfs/nou202320230028000dddpdfs.pdf A Government appointed Commission proposed significant changes to the Norwegian FDI regime. The Investment Control Commission was appointed by Royal Decree on October 28, 2022. The investigation was handed over to the Ministry of Trade, Industry and Fisheries on December 4, 2023.
Read More ...European Commission – Summary results of the Targeted consultation on the evaluation and revision of the EU FDI Regulation (28 November 2023) (English)
The European Commission has completed its assessment of the framework for the screening of Foreign Direct Investment and has published the Summary results of the Targeted consultation on the evaluation and revision of Regulation (EU) 2019/452. [pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2023/12/28112023_EU_Report-EU-FDI-Regulation.pdf” title=”28112023_EU_Report EU FDI Regulation”]
Read More ...Sweden – Foreign Direct Investment Act (September 2023) (Swedish)
On 13 September 2023, the Swedish Parliament enacted a new FDI Act, which introduces a mechanism for screening foreign direct investments that may pose a risk to Sweden’s security. On 1 December 2023, the legislation enters into force and will be applicable to transactions concluded on or after that date. [pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2023/12/13092023_L_Sweden_FDI-Act.pdf” title=”13092023_L_Sweden_FDI Act”]
Read More ...Ireland – Screening of Third Country Transactions Act (English)
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 framework introduced, which enables the Minister for Enterprise,…
Read More ...Germany – 20th Ordinance amending the German Foreign Trade and Payments Ordinance (27 September 2023) (English)
The 20th Ordinance amending the German Foreign Trade and Payments Ordinance of 27 September 2023 entered into force on 5 October 2023. Therewith, technical changes regarding form, timing and eligibility have been made. It establishes new offences that will be subject to fines and lays the foundation for an extensive digitalization of the FDI procedure.…
Read More ...Estonia – Foreign Investment Reliability Assessment Act of 25 January 2023
The Estonian Act establishing a new FDI regime in Estonia came into force on 1 September 2023.
Read More ...Sweden – Guide to Sweden’s New FDI Regime
Sweden adopted a new FDI Screening Mechanism starting 1 December 2023. Here you can find a quide to the scope and application of the law [pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2023/09/Sweden_FDI_Act.pdf”]
Read More ...EU – Chips Act (8 February 2022)
The final proposal for a Regulation of the European Parliament and of the Council establishing a framework of measures for strengthening Europe’s semiconductor ecosystem (Chips Act). https://eur-lex.europa.eu/resource.html?uri=cellar:ca05000a-89d4-11ec-8c40-01aa75ed71a1.0001.02/DOC_1&format=PDF
Read More ...USA – Executive Order 14105 (9 August 2023) (English)
On 9 August 2023 President Biden issued the highly anticipated Executive Order 14105, that directs the U.S. Department of the Treasury to draft regulations that will require disclosure of or prohibit certain outbound foreign investments into mainland China, Hong Kong and Macao. https://www.govinfo.gov/content/pkg/FR-2023-08-11/pdf/2023-17449.pdf
Read More ...United Kingdom – Decision Acquisition of GE Oil & Gas Marine & Industrial UK Ltd and GE Steam Power Ltd by EDF Energy Holdings Ltd via its wholly owned subsidiary, GEAST UK Ltd: notice of Final Order, 7 August 2023
The UK Government decided on the acquisition of GE Oil & Gar Marine & Industrial UK Ltd and GE Steam Power LTd by EDF Energy Holdings via GEAST UK Ltd. Acquisition of GE Oil & Gas Marine & Industrial UK Ltd and GE Steam Power Ltd by EDF Energy Holdings Ltd via its wholly owned…
Read More ...Turkey – Foreign Direct Investment Strategy of Turkey 2021-2023
Below you can find the official English Version of the Foreign Direct Investment Strategy of Turkey for 2021-2023. If you are interested in the Turkish version, follow this link. [pdf-embedder url=”https://www.celis.institute/wp-content/uploads/2023/08/Turkiye-Foreign-Direct-Investment-Strategy-2021-2023.pdf”]
Read More ...Romania – Law No. 164, introducing changes to FDI Screening mechanism, May 2023
Romania adopted changes to its FDI Screening Regime. The law can be found here: LEGE 164 31/05/2023 – Portal Legislativ (just.ro).
Read More ...Czech Republic – Act No. 34/2021 Coll. on Screening of Foreign Investments, May 2021
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Read More ...France – Lignes directrices relatives au controle des investissements ètrangers en France, Septembre 2022
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Read More ...United States – Committee on Foreign Investments in the United States, Annual Report to Congress (2022) (English)
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Read More ...Canada – Annual Report of Canada Investment Act 2021-2022 (English)
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Read More ...India – Annual Report of the Ministry of Home Affairs 2021/2022 (English)
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