Updated on June 23, 2020
Like various other EU member states (e.g. Hungary, Czechia), Poland has finally adopted a new act intended to screen foreign direct investments in Polish companies. The new law (the “Amendment”) amends the Act on Control of Certain Investments of 2015 (more on this available here), but it will also materially extend control over mergers and acquisitions.
The Amendment was finally adopted on 19 June 2020 and signed into law on 23 June 2020, with the new provisions entering into force as of 23 July 2020 and expiring 24 months thereafter.