Although often viewed as one of the most open economies in Europe, the broader European policy push for more foreign direct investment (FDI) screening has also given momentum to the Dutch legislature to design and implement the very first Dutch cross-sector FDI screening regime. On 1 June 2023, the Act on Security Screening of Investments, Mergers, and Acquisitions (“Vifo Act”) entered into force.
Baker McKenzie’s Sanctions Blog published the alert titled Dutch authorities make arrest over Russia sanctions circumvention on 20 July 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.