In two recent decisions in the defense and national security sector, the Italian Foreign Direct Investment Authority ("FDI Authority") asserted jurisdiction in connection with two acquisitions of non-Italian companies that...more
The Development: The Screening of Third Country Transactions Act 2023 (the "STCT Act") was signed into law on October 31, 2023, introducing a new investment screening regime in the Republic of Ireland ("Ireland") with a...more
In Short -
The Development: The new Belgian foreign direct investment screening law ("FDI Regime") imposes preclosing filing requirements on non-EU investments into various industry sectors in Belgium, including energy,...more
On September 9, 2022, the French Ministry of Economy released its guidelines ("Guidelines") on the regulation of foreign direct investments ("FDI"). These Guidelines come a few months after the French Ministry of Economy made...more
Italy is ranked one of the top destinations for investment in the European union. Still, the Italian government wields the authority to review, and even prevent, investments by foreign entities seeking assets in certain...more
6/17/2019
/ Critical Infrastructure Sectors ,
Cross-Border Transactions ,
Dual Use Goods ,
EU ,
Export Controls ,
Foreign Acquisitions ,
Foreign Direct Investment ,
Foreign Entities ,
Foreign Investment ,
Investors ,
Italy ,
National Security ,
Screening Procedures
The Situation: Recent foreign investments in Italian blue chips led the Italian government to intervene to protect strategic assets.
The Result: Decree 148/2017 introduced new disclosure requirements regarding...more
12/4/2017
/ Acquisitions ,
Anti-Raiding ,
Board of Directors ,
CONSOB ,
Corporate Governance ,
Disclosure Requirements ,
Foreign Acquisitions ,
Investors ,
Italy ,
National Security ,
Regulatory Oversight ,
Transparency