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ARTICLE · 28 OCTOBER 2024

BTI Publishes Guidelines For Security Test Act

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On 1 June 2023, the Investments, Mergers and Acquisitions Security Test Act (Wet Veiligheidstoets investeringen, fusies en overnames, Security Test Act...

NetherlandsTechnology
Friederike Henke
Friederike Henke
Susanna Tang
Susanna Tang
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On 1 June 2023, the Investments, Mergers and Acquisitions Security Test Act (Wet Veiligheidstoets investeringen, fusies en overnames, Security Test Act, also referred to as "Vifo Act") has come into force. The Security Test Act provides a mechanism for screening of Corporate M&A transactions involving companies that are active as vital providers of (highly) sensitive technology, operators of corporate campuses, or vital infrastructure providers in The Netherlands. Since then, M&A deals that meet the requirements of the Security Test Act need to be reported to the Bureau for Investment Screening (Bureau Toetsing Investeringen, BTI). More information on this can be found in our previous article: Dutch Security Test Act into force as per 1 June 2023.

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