On 1 December, the new Swedish FDI Act enters into force. Vinge's chapter in the International Comparative Legal Guide - Foreign Direct Investment Regimes, written by Martin Johansson and Victoria Fredén, provides a practical and clear summary of the impact of the Swedish Protective Security Act and the new FDI Act on various types of transactions.
Among other things, the chapter reviews which investments and investors are affected by the Swedish regulatory framework and which activities may fall under the concepts of security-sensitive activities and activities worthy of protection. The chapter also deals with the notification and screening processes, as well as the sanctions that may be relevant in the event of failure to comply with the regulatory requirements.
Like the rest of the ICLG's FDI Guide, the Swedish chapter is particularly relevant for those who need to understand whether a particular transaction risks being caught by the applicable national legislation and what that means.
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Read the chapter here.