Italy, Spain, the Netherlands and Ireland: Comparing and Contrasting Screening Frameworks and the Latest Developments

June 12, 2024 11:00am

Andrea Carreri
Partner
LCA (Italy)

Pedro Callol
Partner
Callol, Coca & Asociados (Spain)

Stephanie The
Partner
De Brauw Blackstone Westbroek (The Netherlands)

Vincent Power
Partner
A&L Goodbody LLP (Ireland)

This four-part session will compare and contrast how FDI regulations are applied across different jurisdictions, what has changed in the last 12-months, and what’s around the corner and how to navigate the nuances of varying regimes

Italy

  • Hear the latest developments and details of the Golden Power regime, such as the expansion of FDI Controls to transactions in which the acquirer or ultimate beneficial owner is an Italian or EU person, the adoption of the pre-notification procedure

Spain

  • The new Spanish FDI regulations; gain clarity on the amendments to the existing screening mechanisms, such as:
    • The legal term to undergo Screening Mechanisms is reduced from six to three months; the new exemption regime based on the business activities each target carries out; new screening framework for Defence FDIs

Netherlands

  • The Vifo Act: Amid the first year review of the Dutch foreign direct investment screening regime, how is the regime working/not working? Where are the gaps, are there changes coming down the line, including for transactions involving semiconductor technology and a new sector specific regime in relation to the defence industry?

Ireland

  • Overview of the legislation from the newest Foreign Investment Screening Regime