
Federal Council publishes Preliminary Draft Regulation for Swiss Investment Control
On 18 May 2022, the Swiss Federal Council opened the consultation process for a new Federal Act on Foreign Direct Investment Control. It is proposed to introduce a notifi-cation and approval requirement for certain takeovers of domestic undertakings. The focus is on state-owned and state-related foreign investors. However, in certain par-ticularly security-relevant sectors, private investors may also