Pursuant to the Foreign Trade and Payments Act (Außenwirtschaftsgesetz – AWG) and the Foreign Trade and Payments Ordinance (Außenwirtschaftsverordnung – AWV), investments into German entities may be subject to the review of the German foreign investment review laws framework. Investments into entities operating in specific, particularly sensitive, business areas, such as for example the operation of critical infrastructure, may be subject to a notification and clearance requirement. The legislative act specifying what qualifies as critical…
To highlight recent developments in foreign direct investment restrictions in Germany, Baker McKenzie has published a podcast setting out what businesses should be aware of, and what the German regulator will look for. Produced in partnership with Concurrences, our foreign investment experts Samantha Mobley and Anahita Thoms discuss these developments with Angelika Milger, a member of the Investment Screening team at the German Federal Ministry of Economic Affairs. This is the first in a series…
The German Government has further strengthened its FIR regime on 30 April 2021. This amendment is – for now – the last part of a series of three significant amendments, each further strengthening the German FIR regime and adapting it to the EU Framework Screening Regulation. Three modifications are especially notable as they will be highly relevant in practice: Firstly, the amendment drastically extends the scope of transactions that are subject to mandatory notification requirements.…