Written by Stanley Zhou, Andrew Fei and Keith Huang

A few days ago, the Chinese government announced a series of measures to further open up China’s financial markets and financial services sector to foreign investment and participation. This article provides an overview of the announced measures and their key implications for foreign financial institutions and investors.Continue Reading China’s 11 measures to further open up its financial sector

On 30 June 2019, the National Development and Reform Commission (“NDRC”) and the Ministry of Commerce (“MOFCOM”) jointly issued the Special Administrative Measures (Negative List) for Foreign Investment Access (2019 Edition) (“2019 Negative List”), the Special Administrative Measures (Negative List) for Foreign Investment Access in Pilot Free Trade Zones (2019 Edition) (“2019 FTZ Negative List”) and the Catalogue of Encouraged Industries for Foreign Investment (2019 Edition) (“2019 Encouraged Catalogue”) for the purposes of further promoting the reform and opening-up of the service industry, relaxing the restrictions on the access to the mining, agricultural and manufacturing industries, and continuing to facilitate Free Trade Zones’ role of the opening-up test field . These new policies will take effect on and from 30 July 2019.
Continue Reading Foreign Investment in China CBM Industry – Restrictions Removed

In order to put the European restrictions into perspective, the last section is dedicated to FDI in UAE showing that, despite recent tightening of controls, the European Union still has a relatively open investment environment compared to some other jurisdictions that also benefit from FDI.
Continue Reading Winds of change in foreign direct investment control in Europe and the Middle East (9) -UAE

为全面看待欧洲对外商直接投资的限制,本系列最后一部分专门分析阿拉伯联合酋长国的外商直接投资情况。阿联酋的情况显示,尽管欧盟近期监管收紧,但与其他同样受益于外商直接投资的司法管辖区相比,欧盟仍然保持着相对开放的投资环境。
Continue Reading 欧洲及中东地区外商直接投资监管新动向(九)——阿联酋

Status of foreign direct investment control law in Belgium

Belgium does not have a specific legislative framework for controlling foreign direct investments. Far from being problematic, this absence of state control over foreign direct investments promotes Belgium to 21st place worldwide based on the FDI Index. This ranking is explained in the context of strong economic recovery as well as key advantages highlighted by foreign investors (such as the proximity of numerous international institutions, connectivity to the rest of Europe and a productive and educated workforce).
Continue Reading Winds of change in foreign direct investment control in Europe and the Middle East (8) -Belgium

比利时外商直接投资监管法律现状

比利时没有专门管控外商直接投资的法律框架。缺少政府管控,不仅未对外商直接投资造成问题,反而将比利时的全球外商直接投资指数排名推升至第21位。这一排名还得益于该国经济强劲复苏并具备外国投资者青睐的关键优势(如众多国际机构设在比利时,与欧洲其他地区连通便捷,以及拥有极具生产力、受过良好教育的劳动力)。

Continue Reading 欧洲及中东地区外商直接投资监管新动向(八)——比利时

Status of foreign direct investment control law in France
France ranks 7th globally and 3rd in Europe in the FDI Index. Since 2005, France has organised its legal framework for controlling FDI in its Monetary and Financial Code (“Code Monétaire et Financier”). The Code has been amended and the rules have been strengthened over the years.
Continue Reading Winds of change in foreign direct investment control in Europe and the Middle East (7) – France

法国外商直接投资监管法律现状
法国外商直接投资指数在全球排第七名,在欧洲排第三名。自2005年以来,法国在《货币金融法》(Code Monétaire et Financier)中对外商直接投资管控的法律框架进行梳理。多年来,该法案修订更新,法规也得以强化。
Continue Reading 欧洲及中东地区外商直接投资监管新动向(七)——法国

Status of foreign direct investment control law in Italy
After a series of intense reforms implemented since 2011, Italy is now 10th globally and 4th in the EU, in the FDI Index. Even after the national-populist League and the anti-establishment Five Star Movement won the highest share of the vote in the elections, markets did not react strongly, with bond yields continuing to remain low and the equity market rising.
Continue Reading Winds of change in foreign direct investment control in Europe and the Middle East (6) -Italy

意大利外商直接投资监管法律现状
意大利自2011年以来大刀阔斧开展一系列改革,如今其外商直接投资指数在全球排第十名,在欧盟排第四名。即便民粹主义联盟党和反建制五星运动党在大选中赢得最高选票,意大利市场也未对此做出强烈反应,其中债券收益持续走低,股票市场则呈现上升态势。
Continue Reading 欧洲及中东地区外商直接投资监管新动向(六)——意大利