21 Jun 2023 1 minute read
A framework for the screening of certain investments in critical companies and companies active in sensitive technologies on the basis of national security entered into force in the Netherlands.
The Dutch 'Act on security screening of investments, mergers and acquisitions’ (Wet veiligheidstoets investeringen, fusies en overnames) entered into force on 1 June 2023. The act introduces a notification obligation for investments in designated critical companies, and undertakings that are active in the area of sensitive technologies. The Act applies in addition to existing sector specific screening mechanisms in the Dutch energy and telecom sectors. For more information on this act we refer to this blogpost.
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