New Slovak investment screening regime
24.02.2021Company: Clifford Chance Prague LLP, organizační složka
On 5 February 2021 the Slovak Government approved a bill amending the Act on Critical Infrastructure, which introduces a new screening regime for certain sector-based investments (the "Investment Screening Regime"). The amending act, which was approved in an accelerated legislative process, will become effective on 1 March 2021. The grounds on which the authorities may challenge proposed investments are broad and thus open to interpretation - which may present an obstacle for future transactions in Slovakia.
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Tags: Law |
