The Russian Federation's invasion of Ukraine has precipitated the inclusion of provisions blocking Russian and Belarussian nationals from direct investment in a number of sectors.

Most deals are approved, but expanded jurisdiction, mandatory filings applying in certain cases, enhanced focus on national security considerations, and a substantially increased pursuit of non-notified transactions have changed the landscape.

Korea is increasing the level of scrutiny of foreign investments due to growing concerns over the transfer of sensitive technologies.

Malta's recently introduced FDI regime captures a substantial number of transactions that must be notified to the authorities and, in some cases, will be subject to screening.

Luxembourg has introduced a bill of law to regulate foreign direct investments. The law is currently being discussed before the Luxembourg Parliament.

All investments concerning national security are under the scope of review.

The Japanese government continues to review filings and refine its approach under the FDI regime following the 2019 amendments.

Italian "Golden Power Law:" Ten years old and continuously expanding its reach.

Ireland anticipates adopting and implementing an FDI screening regime by Q1 2023.

India continues to be an attractive destination for foreign investment, ranking as the world’s seventh-largest recipient of FDI in 2021.

The Canadian government announced a strict framework to evaluate foreign investments in the critical minerals sector by state-owned enterprises and state-linked private investors, especially if from "non-likeminded" countries.

A guide to navigating the rules for investing in countries that require foreign direct investment approval.

The need for FDI screening remains in focus for deals with Hungarian dimensions.

The Federal Ministry for Economic Affairs and Energy continues to tighten FDI control, but the investment climate remains liberal in principle.

In France, FDI screening authorities have issued new guidelines to improve the transparency of the FDI process.

Deals are generally not blocked in Finland.

Estonia will have in place an FDI review regime by September 2023.

The scope of the Danish FDI regime is comprehensive and requires a careful assessment of investments and agreements involving Danish companies.

The new Foreign Investments Screening Act took effect in May 2021, and completed its first full year in operation in 2022.

China has further developed its national security regulatory regime by promulgating measures on cybersecurity review and security assessment of cross-border data transfer.

In Austria, the Austrian Federal Investment Control Act (Investitionskontrollgesetz or the ICA) introduced a new, fully fledged regime for the screening of Foreign Direct Investments (FDI) and came into effect on July 25, 2020.

2022 was a big year for the Committee on Foreign Investment in the United States (CFIUS)—notification filings as well as mitigation agreements were both trending up, adding to the already challenging landscape for cross-border transactions

Key legal developments in 2022 and their implications for Taiwan.

While most FDI regimes encourage foreign investment, the growing number and greater sophistication of regimes can add to transaction uncertainty

Under the Biden administration, CFIUS continues its rigorous assessment of security concerns across a wider range of sectors

Governments around the world are tightening their scrutiny of foreign direct investments  

Increased sector scope and concerns around a more aggressive approach to identifying non-notified transactions is leading to rising numbers of filings

Recent legislative reforms have increased the New Zealand government's ability to take national interest considerations into account, but have also looked to exclude lower-risk transactions