Swiss government against takeover restrictions

The Swiss parliament requested the Federal Council to examine the risks arising from investments by Chinese companies in Switzerland and if necessary, introduce stricter investment controls. But, according to the Federal Council, additional investment controls on Chinese companies are currently not necessary and the existing laws suffice for dealing with any potential threats. New controls would bring no benefits to Switzerland and restricting capital flows into the country would increase red tape, generate uncertainty and make the country less attractive as an investment destination.

The government still plans to monitor new investments into Switzerland, to determine, whether there is a need to take appropriate steps in the future. In addition, the Federal Council plans to consider the question of reciprocity and hopefully level the playing field for Swiss companies in China.

Please follow and like us:
RSS
Follow by Email
Facebook
Twitter
LinkedIn
Pinterest
Google+
Weibo