What governance requirements need to be observed in Australia?
Investors need to be aware of the governance rules that apply to entities in Australia.…
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.
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.…
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.…
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).…
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.…
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。…