FINLAND Law and Practice Contributed by: Anna-Stéphanie Roubier, Johanna Kauppinen and Milja Vuopio, HPP Attorneys Ltd
Administrative Court). Such parties are considered to lack legal standing (no sufficient direct interest).
9. Foreign Direct Investment/Subsidies Review 9.1 Legislation and Filing Requirements Foreign direct investments are regulated by the Screening Act, which applies to acquisitions of Finn - ish corporations by foreign investors (see 1.2 Legisla- tion Relating to Particular Sectors ). The rules, filing requirements and review process are separate from the merger control rules. Finland’s regulatory framework for foreign subsidies is governed by the EU’s Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market (see 4.6 Non-Competition Issues ).
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