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National Security Foreign Direct Investment European Commission

DLA Piper

Revised EU FDI Screening Regulation’s Direction of Motion Following the European Parliament’s Review

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The EU Foreign Direct Investment (FDI) Screening Regulation (Regulation) entered into force in October 2020. It aims to create a cooperation mechanism which enables EU member states and the European Commission (EC) to...more

A&O Shearman

From open door to watchful gatekeeper: Greece adopts a foreign-investment screening mechanism

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On May 22, 2025, the Hellenic Parliament passed long-expected legislation to establish Greece’s first national mechanism for the screening of foreign direct investments (FDI) on grounds of national security and public order....more

Morgan Lewis

FDI Enforcement Trends in EU, EU Member States, and UK: Q1 2025

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In the first quarter of 2025, the approach of the European Union, EU member states, and the United Kingdom toward foreign direct investment (FDI) reviews continues to be cautious and is increasingly linked to security...more

McGuireWoods LLP

European Competition Law Newsletter – April 2025

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UK CMA Imposes Fines for Information Exchanges Affecting Labour Markets - On 21 March 2025, the UK Competition and Markets Authority (CMA) announced fines on four UK broadcast and production companies for engaging in...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

American Conference Institute (ACI)

[Event] 5th Annual European Forum on Global FDI Reviews - June 11th - 12th, Ixelles, Belgium

Hosted by C5 Group, the 5th Annual European Forum on Global FDI Reviews returns for another exciting year with curated programming that provide sessions on the most pressing issues coming across your desk and strategic...more

Latham & Watkins LLP

UK Open for M&A - Government Seeks Evidence on National Security and Investment Act Scope

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The UK government is considering steps to make the regime more business-friendly, while maintaining and refining essential national security protections. The National Security and Investment Act 2021 (NSIA), the UK’s first...more

Sheppard Mullin Richter & Hampton LLP

Protective Packaging: The EU’s Economic Security Package Changes the Landscape in Global Technology Controls

The EU plans to step up controls on its home grown technology. That is the short version. The longer version is a (pretty dry) recitation of the proposed legislation and whitepapers that were published last week as the...more

McGuireWoods LLP

European Competition Law Newsletter – February 2024

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UK FDI Regime Applied to Relationship Agreement Between Vodafone and Etisalat - The part of the UK foreign direct investment (FDI) regime dealing with national security issues, contained in the UK National Security and...more

Hogan Lovells

Make Europe safe again – EU Commission proposal aims to take FDI screening to the next level

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The EU Commission presented the long-awaited European Economic Security Package ("EESP"), a toolkit to ramp-up European action in investment, trade and research in the face of rising geopolitical tensions, geo-economic...more

McDermott Will & Emery

[Event] 2024 McDermott International Seminar in Japan - January 17th, Tokyo, Japan

マクダーモット・インターナショナル・セミナーは、おかげさまで皆様よりご好評をいただき、11回目となるセミナーを東京で開催することが決定いたしました。 ...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

American Conference Institute (ACI)

[Event] 4th European Forum on FDI Reviews and CFIUS - June 7th - 8th, London, United Kingdom

Hosted by C5, the 4th European Forum on FDI Reviews and CFIUS returns for another exciting year with curated programming that will help you navigate emerging complex National Security Reviews across the UK and EU....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

White & Case LLP

Germany prohibits sale of two companies to Chinese investors – FDI scrutiny in full swing

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In an unprecedented double-strike, the German government recently blocked two transactions pertaining to Chinese investments in German semiconductor facilities. Just two weeks before, the cabinet had already intervened...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

Hogan Lovells

Hungarian FDI veto lifted after pressure from EU Commission – all's well that ends well or dangerous precedent?

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For the first time ever, the EU Commission has issued a decision on the relationship between EU merger control law and national FDI screening rules. It found that the Hungarian Government's veto of Vienna Insurance Group's...more

Skadden, Arps, Slate, Meagher & Flom LLP

CFIUS Goes Global: New FDI Review Processes Proliferate, Old Ones Expand

Takeaways - Since 2018, the U.S. and several other countries have revised or installed national security-related screening of foreign direct investments. Many jurisdictions now require filings for investments in the...more

BCLP

EU/UK Merger Control - Five Trends to Watch in 2022

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2022 is shaping up to be another year of significant merger control and foreign direct investment (“FDI”) developments. The use of Article 22 of the EU Merger Regulation (“EUMR”) might jeopardise the European Commission’s...more

Hogan Lovells

EU foreign direct investment screening: lessons learnt after a year in motion

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In its First Annual Report on the EU Foreign Direct Investment (FDI) Screening Regulation and Member States’ individual screening mechanisms, the European Commission takes stock of the first year of implementation of the new...more

White & Case LLP

Foreign direct investment reviews 2020: A global perspective - Sweden

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Increased awareness of safety concerns related to foreign direct investments has prompted a ramp-up toward the implementation of a general FDI screening regulation - As of this writing, Sweden does not have a general FDI...more

White & Case LLP

Foreign direct investment reviews 2020: A global perspective - Germany

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The Federal Ministry for Economic Affairs and Energy continues to tighten FDI control, but the investment climate remains liberal in principle - In Germany, the investment climate remains liberal in principle....more

White & Case LLP

Taiwan in the changing global landscape - Adversarial capital and COVID-19 converge to expand FDI regimes – Watch this space!

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Already burgeoning, foreign direct investment regulations worldwide are bulking up still more in response to emerging threats. Over the past few years, countries around the globe have started to either implement or ratchet...more

Akin Gump Strauss Hauer & Feld LLP

Updated 5G National Security Report Issued by European Commission

- On July 24, the European Commission (EC) published an updated report (the “Report”) on the progress made by member states in implementing measures aimed at addressing the national security risks and mitigation strategies...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

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