Martijn van de Hel and Adriaan Craita are advising a technology developer regarding an investment. This investment could be assessed by the Bureau for Verification of Investments (Bureau Toetsing Investeringen, or “BTI”) under the new Investment, Mergers and Acquisitions Security Screening Act (Wet veiligheidstoetsinvestering, fusies en overnames, or “Vifo Act”).
The Vifo Act derives from the European Screening Regulation. This regulation aims to protect the European Union’s strategic interests while keeping the internal market accessible for foreign direct investment. This European Screening Regulation is also referred to as the Foreign Direct Investment Regulation ("FDI"). For more information, see this blog and this blog.
