During the course of 2023, the screening of foreign direct investment (FDI) continued to be an item at the top of the agenda when planning and executing global M&A transactions, as well as greenfield cross-border investments. Over the past year, well over 5,000 mandatory notifications were made across major economies* which screen FDI on the basis of national security or public order considerations – and this does not even include voluntary notifications or jurisdictions which do not report FDI notification statistics.
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