{"id":4571,"date":"2012-08-22T11:04:00","date_gmt":"2012-08-22T10:04:00","guid":{"rendered":"https:\/\/worldfishing.nfdtesting.uk\/icefish-conference\/2012\/08\/22\/faeroes-restrict-foreign-ownership\/"},"modified":"2026-08-26T23:48:32","modified_gmt":"2026-08-26T22:48:32","slug":"faeroes-restrict-foreign-ownership","status":"publish","type":"post","link":"https:\/\/www.worldfishing.net\/icefish-conference\/news\/industry-news\/faeroes-restrict-foreign-ownership\/","title":{"rendered":"Faeroes restrict foreign ownership"},"content":{"rendered":"<p>The bill has been introduced in an effort to prevent important strategic decisions about the industry from being taken in other countries.<\/p>\n<p>The bill was presented to parliament by the Minister of Trade and Industry, Johan Dahl. The bill was presented on 9 August, but it has yet to receive a full parliamentary hearing. When the bill enters into force after the hearings, it will be with retrospective application from 9 August, in order to avoid unintended actions from foreign companies, who would be likely to seek ownership of Faroese fish-farming companies before the bill came into action.<\/p>\n<p>Since 2009, foreigners have been allowed to own up to half of Faroese fish-farming companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Faroese Minister of Trade and Industry has introduced a bill which restricts the level of foreign ownership of Faroese fish-farming companies to a maximum of 30%.<\/p>\n","protected":false},"author":2,"featured_media":4572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"sponsor":[],"class_list":["post-4571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/4571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/comments?post=4571"}],"version-history":[{"count":1,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/4571\/revisions"}],"predecessor-version":[{"id":4573,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/posts\/4571\/revisions\/4573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media\/4572"}],"wp:attachment":[{"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/media?parent=4571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/categories?post=4571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/tags?post=4571"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.worldfishing.net\/icefish-conference\/wp-json\/wp\/v2\/sponsor?post=4571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}