Approves further changes to the FDI screening regime
20 May 2022
On 20 May 2022, the Italian Parliament adopted Law 51/2022 to approve with amendments the Government's Law-Decree 21/2022 laying down urgent measures to counter the economic and humanitarian effects of the Ukrainian crisis. The Law introduces a number of changes to the foreign investment review regime in Italy. Among the main ones are:
- the expansion of the mandatory notification process to the incorporation of new legal entities which carry out activities in strategic sectors and where non-EU individuals or entities holds more than 10 per cent of the capital or voting rights;
- the expansion of the definition of non-EU individual or entity.
-
Type:
-
Entry and establishment (Ownership and control, Approval and admission)
-
Industry:
-
Sources:
-
Normattiva - official legal database, LEGGE 20 maggio 2022, n. 51 Conversione in legge, con modificazioni, del decreto-legge 21 marzo 2022, n. 21, recante misure urgenti per contrastare gli effetti economici e umanitari della crisi ucrain, https://www.normattiva.it/atto/caricaDettaglioAtto?atto.dataPubblicazioneGazzetta=2022-05-20&atto.codiceRedazionale=22G00061&atto.articolo.numero=0&atto.articolo.sottoArticolo=1&atto.articolo.sottoArticolo1=10&qId=7b34e965-7d57-4830-8dc5-50d234a037c9&tabID=0.7945984903350383&title=lbl.dettaglioAtto, 21 May 2022
-
Lexology, Italy — Amendments to the foreign investment review become permanent with some changes, https://www.lexology.com/library/detail.aspx?g=9185f31c-7b6c-4af1-bb33-b6d2fa3b37dc&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2022-06-03&utm_term=, 01 Jun 2022
