Sweden

Sweden

Expands the scope of screening under the FDI Act

01 Sep 2024

On 26 June 2024, the Civil Contingencies Agency (MSB) issued updated guidelines (MSBFS 2024:8) expanding Sweden’s Foreign Direct Investment (FDI) screening mechanism under the Act on Foreign Direct Investments. The regulations clarify the socially important activities covered by the Act.

The revisions add essential services in rental, property, travel, healthcare, and social care, and broaden the scope within the information and communication sector. New additions include public electronic communication services, data programming and consulting, educational platforms, and the handling of genetic and biometric data.

Investors in these areas must notify the relevant authority before investing. The regulations took effect on 1 September 2024.

Nature of measure:
  • Entry restriction
Type:
  • Entry and establishment (Approval and admission - screening)
Industry:
  • Services (Accommodation and food service activities, Telecommunications, Computer programming, consultancy and related activities, Real estate activities, Education, Human health activities, Other service activities)
Inward FDI:
No
Outward FDI:
No
Sources: