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By Gilles HECKEL, Counsel and Nastasia DUMITRU, Senior Associate - Corporate / MA, Baker McKenzie
In recent years, the European Union has put in place a sophisticated set of legislation aimed at bolstering its economic resilience, regulating national and EU markets, and shielding stakeholders from external investors. This regulatory effort includes critical measures such as foreign direct investments screening(1) and stringent EU-wide antitrust(2) regulations.
In this context, Luxembourg has recently updated its legal framework to align with the EU regulation, introducing a new screening mechanism to scrutinize foreign direct investments for national security and public order concerns. Moreover, the Luxembourg legislator is in the...
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