Topic: Foreign direct investment

EU foreign subsidy regime could lead to proliferation, official says

An official at the European Commission has said that the EU’s incoming legislation to tackle distortive foreign subsidies may lead to other jurisdictions adopting similar systems.

06 December 2022

Romania launches new foreign investment control regime

Romania has passed legislation to establish a specialised foreign investment review body that will scrutinise controlling investments from non-EU countries in 13 sectors of strategic importance for national security.

30 November 2022

Australia to tweak foreign investment approach for critical minerals with eye on China

Australia’s treasurer has said the country needs to be more “assertive” in encouraging foreign investment in critical mineral markets that aligns with its long-term national interest, as the government signals closer scrutiny of approval applications in that sector.

28 November 2022

US Department of Energy official to speak at GCR Live: Foreign Investment Control

Michael Considine, the deputy assistant secretary for international affairs at the US Department of Energy, has been confirmed as a speaker for GCR Live: Foreign Investment Control in London next month.

25 November 2022

PGA Tour subpoena barred by sovereign immunity, Saudi Arabian investment fund says

The PGA Tour cannot compel the Saudi Arabian government entity behind LIV Golf to produce discovery and submit to US jurisdiction in an antitrust dispute between the two tournaments, the investment fund has said.

25 November 2022

GCR FIC: 40 under 40 nominations now open

The nomination period is now open for our inaugural GCR FIC40 under 40 survey, a special publication profiling the next generation of the world's top foreign investment lawyers.

22 November 2022

China slams UK for unwinding semiconductor deal

A deputy director at China’s Foreign Ministry has claimed the UK government abused its power in unwinding the acquisition of a major semiconductor manufacturer by a Dutch subsidiary of Shanghai-listed Wingtech Technologies.

21 November 2022

EU can mitigate evidentiary issues from new foreign subsidy rules, official says

The head of the European Commission’s foreign subsidies taskforce has pushed back against claims the agency will have problems collecting information from non-EU countries to enforce the incoming regulation.

10 November 2022

China condemns Canada’s forced divestitures of critical minerals investments

The Chinese government has sharply criticised Canada’s decision to force three companies to divest their investments in critical minerals companies.

10 November 2022

Canada increases scrutiny for investments into critical minerals

The Canadian government has said it will only allow foreign state-owned enterprises to invest in the country’s critical minerals sectors when there is a likely net benefit to the transaction “on an exceptional basis”.

02 November 2022

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