22Jul
Better File Than Sorry – Second Set Of German FDI Screening Rules Imposes Strict Penalties, And Still More To Come
The second of three packages of proposed 2020 amendments to the German rules on control over foreign direct investments (FDI), effective on July 17, 2020, brings a scheme of severe civil and criminal penalties and lays the groundwork for broader and intensified scrutiny of FDI. The new rules, this time primarily entailing changes to the German Foreign Trade and Payments Act (AWG), supplement the first tranche of 2020 amendments to FDI screening in Germany that reflected the new public interest...
By:
Morrison & Foerster LLP
Source Url: https://www.jdsupra.com/legalnews/better-file-than-sorry-second-set-of-35827/
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