Preliminary Draft on Swiss Foreign Investment Control

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In May 2022, the Swiss Federal Council initiated the consultation procedure on a new legislation to screen foreign direct investment (“FDI”) in Switzerland. The proposed FDI control regulation seeks to prevent threats to public order and security as a potential consequence of foreign investors acquiring control of Swiss companies. The consultation runs until 9 September 2022, followed by a final draft which will be deliberated in the Swiss parliament.

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