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Member State Foreign Investment European Commission

White & Case LLP

EU Commission Recommends Review of Outbound Investments in Advanced Semiconductors, AI, and Quantum Technologies

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On 15 January the European Commission (“EC”) took its latest (prudent) step towards an outbound investment screening regime, with the publication of its ‘Recommendation on reviewing outbound investments in technology areas...more

White & Case LLP

The EU Commission releases its Fourth Annual FDI report showing continuity and heightened FDI regulation in the EU27

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On 17 October, the European Commission (EC) issued its Fourth Annual Report under Article 5(4) of the Foreign Direct Investments (FDI) Screening Regulation (the Regulation) along with an EC Staff Working Document (SWD). The...more

K&L Gates LLP

Updates on Foreign Direct Investments: The European Commission Publishes Its Fourth Annual Report on the Screening of Foreign...

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On 17 October 2024, the European Commission (EC) published its Fourth Annual Report on the screening of foreign direct investments (FDI) into the Union (Fourth Annual Report), which is an annual update of the FDI reviews...more

Morrison & Foerster LLP

The European Economic Security Package

Building on the European Security Strategy of June 2023, the European Commission on January 24, 2024, adopted a package of five initiatives aiming to enhance the EU’s economic security. The package contains a far-reaching...more

Jones Day

European Commission Unveils Plan Aimed at Strengthening Economic Security

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The Development: On January 24, 2024, the European Commission ("EC") unveiled a package of five fresh initiatives aimed at strengthening the European Union's ("EU") economic security (the "Package"). This will likely increase...more

White & Case LLP

European Commission proposes measures to up the ante on EU FDI screening

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Foreign direct investment ("FDI") screening was one of the major topics of 2023 as a myriad of new regimes joined the FDI club and its more seasoned members continue to strengthen scope and enforcement, with the impacts felt...more

A&O Shearman

Draft EU Foreign Investment Screening Regulation sets out more comprehensive screening regime

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On 24 January 2024, the European Commission (EC) published its proposed reform of foreign investment screening in the EU. The proposal introduces more comprehensive rules for the review of foreign investments and strengthens...more

K&L Gates LLP

Brussels Regulatory Brief: November 2023

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Antitrust and Competition - European Commission Approves Consolidation in the Ground Transportation Sector Subject to Remedies - The companies are two global suppliers of signalling systems for mainline and urban railway...more

Cooley LLP

European Commission Publishes Third Annual Report on EU Foreign Direct Investments

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On 19 October 2023, the European Commission (EC) published its Annual Report on the screening of foreign direct investments into the Union, covering the year 2022. This is the third annual report published by the EC since the...more

A&O Shearman

Third annual report on EU foreign investment reveals a significant increase in formal screenings

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The European Commission (EC)’s third annual report on EU foreign direct investment (FDI) screening covers the operation of the screening mechanism in 2022. Together with a Commission Staff Working Document, it details...more

Orrick, Herrington & Sutcliffe LLP

5 Regulatory Issues to Consider When Acquiring a Business in the EU or UK

Companies considering an acquisition in Europe must navigate a regulatory and enforcement environment that can seem like a minefield. Here are five things they should consider amid unfolding legislative change and growing...more

Morrison & Foerster LLP

An Addition to the European Commission’s Toolbox

On November 28, 2022, the Council of the European Union adopted the Foreign Subsidies Regulation (FSR or the “Regulation”), a new legislative tool designed to prevent foreign subsidies from distorting competition in the...more

A&O Shearman

European Commission reports on operation of EU FDI screening mechanism

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With the EU FDI Regulation close to celebrating its second year anniversary, the European Commission (EC) has published its second annual report on EU FDI screening covering the operation of the mechanism in 2021. In...more

White & Case LLP

The EU Releases its Second Annual FDI report showing increased momentum in FDI regulation and screening in the EU27

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On 1 September, the European Commission (EC) issued its Second Annual Report under Article 5(4) of the Foreign Direct Investments (FDI) Screening Regulation along with an EC Staff Working Document (SWD). The Report covers the...more

White & Case LLP

Foreign direct investment reviews 2021: European Union

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Member States are introducing or expanding investment screening regimes, and the European Commission is now playing an active role - While there is no standalone foreign direct investment (FDI) screening at the EU level, the...more

White & Case LLP

European Commission Releases First Annual Report on FDI Screening in the EU

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The European Commission (EC) issued its first Annual Report pursuant to Article 5(3) of the Screening Regulation on foreign direct investment (FDI) in the EU on 23 November 2021. The Report provides transparency around the...more

A&O Shearman

Republic of Poland v PL Holdings SÀRL: CJEU Further Undermines Intra-EU Investment Protections

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On 26 October 2021, the Grand Chamber of the Court of Justice of the European Union (CJEU) handed down its judgment in Republic of Poland v. PL Holdings Sàrl. The CJEU ruled that EU Member States are prohibited from entering...more

Sheppard Mullin Richter & Hampton LLP

The European Commission Adopts a Proposal for a Regulation on Foreign Subsidies Distorting the Internal Market

In August 2020, we wrote a blog post about the adoption by the European Commission (“Commission”) of a White Paper on Foreign Subsidies. On 5 May 2021, the Commission adopted a proposal for a Regulation on foreign subsidies...more

A&O Shearman

Stricter information requirements for foreign investors under the EU FDI Regulation

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The European Commission published on 19 April 2021 a template notification form that EU Member States should use in the context of the cooperation mechanism put in place by the EU FDI Regulation....more

Jones Day

Foreign Direct Investment Screening in Europe and the Middle East

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One effect of the COVID-19 pandemic has been to accelerate the implementation of new or stricter controls on inward-bound foreign direct investment activity ("FDI"), particularly in the European Union. For example, in March...more

Akin Gump Strauss Hauer & Feld LLP

EU Locks Down Strategic Assets to Prevent Undervalued Foreign Takeovers During the Pandemic

The European Commission (EC) on March 25, 2020 issued new guidance on foreign investment screening in response to the COVID-19 emergency (the “Guidance”). The Guidance, which addresses the now 27 EU Member States and relates...more

WilmerHale

EU Issues Guidelines Regarding Screening Foreign Investment in Connection With Industries Critical for Combating COVID-19

WilmerHale on

On March 25, the European Commission (Commission) issued new Guidelines for screening foreign direct investment (FDI) in companies and critical assets located in the European Union (EU), including those operating in the...more

White & Case LLP

Foreign Investments in France: new legislation expands and strengthens the national security review mechanism (Updated)

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New legislation broadens the scope of foreign investments control review in France and reinforces the sanctions in case of infringement. As a next step, French authorities are likely to adopt new regulations by the end of...more

Jones Day

Screening of Foreign Direct Investments in the EU Under the New FDI Regulation

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On 21 March 2019, Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for the screening of foreign direct investments into the Union ("FDI Regulation") was...more

Sheppard Mullin Richter & Hampton LLP

Investments With Borders: CFIUS-Style Foreign Investment Review Goes Global

The Committee on Foreign Investment in the United States, CFIUS, is the U.S. government agency that conducts national security reviews of foreign direct investment in the United States. The CFIUS rules have been significantly...more

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