Italian government’s so-called "golden powers" of intervention in foreign direct investments involving companies operating in sectors strategic for the national interest were originally introduced by Law Decree No. 21 of 15...more
The Decree is going to introduce long-awaited simplifications to the Golden Power procedure....more
On 22 March 2022, Law Decree No. 21/2022 (the Decree) entered into force and provides for important amendments to Law Decree No. 21/2012 (the Golden Power Decree), as set out below....more
On March 21st, 2022, the Italian Government adopted Law Decree No. 21/2022 introducing urgent measures to react to the economic and humanitarian effects of the Ukrainian crisis ("Emergency Measures Decree"), which also...more
With the Decrees of the President of the Council of Ministers (“DPCM”) no. 179 and 180 dated December 30, 2020 (effective from January 14, 2021), the Legislator has significantly innovated the Golden Power regulation set...more
Important news on the application of the foreign direct investment legislation (“golden powers”) in Italy - On 30 December 2020, two decrees of the President of the Council of Ministers were published in the Official...more
In response to the COVID-19 emergency, the screening powers of the Italian government were significantly expanded - The Italian government, which is led by the President of the Chamber of Ministries, together with any...more
Among the measures taken to face the emergency arising from COVID-19, the Italian Government adopted Law Decree No. 23 of 8 April 2020 (the so-called “Liquidity Decree”) which aims...more
On April 8, 2020, in response to the COVID-19 emergency and following EU Commission guidelines issued on March 25, 2020 on the protection of European strategic assets and technologies, the Italian government issued Law Decree...more