New Swedish rules on FDI screening
On 1 December 2023, the Swedish new act for a foreign direct investment review mechanism (the “FDI Act”) entered into force. The new FDI Act allows foreign direct investments to be screened for security risks and, if necessary, restricted or prohibited.
For the FDI Act to apply, there should be an investment in a so called protected activity (both terms further defined in the FDI Act and related legislation). Although the aim is to control foreign investments, Swedish and EU investors must also notify their transactions if the FDI Act is applicable.
We expect the FDI Act to affect many M&A transactions in terms of filing obligations, although only a few will in the end turn out to raise any problems.
Read more about the new rules and their impact here.
Contact
Johan Carle | Partner | johan.carle@msa.se
Carolina Dackö | Partner | carolina.dacko@msa.se
Anders Bergsten | Partner | anders.bergsten@msa.se
