We use cookies

Moalem Weitemeyer uses cookies, including cookies from third parties, needed to make the website work and to enhance the user experience. Cookies are also used to detect inexpediencies and to examine your interactions with our website. Read more about how we use cookies and take care of your data here

Necessary/functional

Statistical

Accept

23 September 2021

New Regulation on Export of EU Dual-Use Products Enters into Force

Group 7 Created with Sketch.
Download PDF version

In May 2021, the European Commission proposed a recast on the legal framework for export control on dual-use products (Dual-Use Regulation No 428/2009) in order to secure clarity, effectiveness and efficiency. The new EU Dual-Use Regulation (No 2021/812) entered into force on 9 September 2021 (the “Regulation”).

The Regulation governs the EU’s export control, and with the recast it has been modernised to include sensitive dual-use products in the category of software and technology, among other things.

The Regulation and the modernising of the definition of a dual-use product will have a direct impact on the Danish Foreign Direct Investment scheme which came into force on 1 July 2021. In the event that a target company (the company being acquired) exports, produces, or otherwise provides services related to dual-use products, the acquisition will require a clearance from the Danish Business Authority if the acquirer is a foreign investor.

In the following, some of the material changes in the Regulation will be described.

Pernille Nørkær

Partner

+45 30 37 96 40

Go to profile

Jeanette Kjeldgaard Rasmussen

Associate

+45 30 37 96 44

Go to profile

The Latest

See all insights

27 January 2022

Happy Chinese New Year

27 January 2022

The Unified Patent Court and Unitary Patent

14 January 2022

Moalem Weitemeyer is a leading Danish M&A law firm

4 January 2022

18 Danish Nightclubs found to have been participating in Cartel Activities

3 January 2022

Dan Moalem reviews the documentary Children of the Enemy

16 December 2021

Changes to the Danish Purchase Act regarding Consumer Purchases and the Introduction of Digital Services

29 November 2021

Happy Hanukka!

26 November 2021

Happy Holidays!

25 November 2021

Severe Criticism from the Danish Data Protection Agency of a Website with a Consent Setup which was found not to be sufficiently clear

8 November 2021

UK introduces a new Regime for screening of Foreign Investment