Jurisdiction(s):
United Kingdom

Key definition

Investments definition

What does Investments mean? In practice, investments are financial products or rights acquired with the expectation of income or capital growth, such as shares, bonds, fund units and derivatives. In UK financial services law, however, the regulated concept is “specified investments” under the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (SI 2001/544) (RAO). This defined list includes, among others, shares, debentures and loan stock, government and public securities, warrants, units in a collective investment scheme, options and futures, contracts for differences, and rights under a contract of insurance. Whether a firm must be authorised, may communicate financial promotions, or owes particular...

Bosnia & Herzegovina sectoral FDI screening: defence/media 49% cap, mandatory entity approvals, 60-day review (FBiH deemed approval), decisions published; merger control interplay; EU-aligned reforms.

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Practice notes

Bosnia & Herzegovina FDI control

1. What is the applicable legislation?

Bosnia and Herzegovina presently lacks an FDI screening regime akin to those developing across Europe under the EU FDI Screening Regulation. Rather than that model, it relies on more conventional authorisation frameworks, with particular attention on the defence and media fields. Owing to the country’s administrative set‑up, foreign investment, including in areas subject to special limitations, is regulated at several tiers:

Bosnia and Herzegovina (state level)-the Foreign Direct Investments Policy Act (Official Gazette of BiH Nos. 4/1998, 17/1998, 13/2003, 48/2010 and 22/2015) provides the overarching policy and procedural framework for foreign investment and applies throughout Bosnia and Herzegovina (the FDI Policy Act)
Federation of Bosnia and Herzegovina (FBiH) (entity level)-the FBiH Foreign Investments Act (Official Gazette of FBiH, Nos. 61/2001, 50/2003 and 77/2015) prescribes the Rules for approving foreign investments within the FBiH, and
Republika Srpska (RS) (entity level)-the RS Foreign Investments Act (Official Gazette of RS No. 21/2018) prescribes the rules for approving foreign investments within the RS

2. Which government or other body (or bodies) reviews foreign investments?

The competence to assess and...

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Web page updated on 28/05/2026

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