Proposal For A FDI Screening Mechanism In Switzerland
Currently, Switzerland does not have a formal screening mechanism in place for foreign direct investment (“FDI”). However, in March 2020, the Swiss Parliament adopted a motion “Protection of the Swiss economy through investment controls”, thereby instructing the Federal Council to draft the necessary legislation on foreign investment screening. On 18 May 2022, the Federal Council initiated a consultation on the draft Federal Act on the Screening of Foreign Investment (Investitionsprüfgesetz, IPG).
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