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ARTICLE · 27 DECEMBER 2018

EU Agrees On FDI Screening Framework

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On November 20, 2018, the European Parliament ("EP"), the Council and the European Commission ("Commission") reached a political agreement ...

European UnionGovernment, Public Sector

On November 20, 2018, the European Parliament ("EP"), the Council and the European Commission ("Commission") reached a political agreement on the final text of a regulation establishing a framework for screening foreign direct investments ("FDI") into the European Union ("EU") ("the EU FDI screening framework"/"the Regulation").1 The text is based on a proposal that the Commission presented on September 13, 2017. (See our previous Legal Updates.)2

The Regulation strikes a balance between the amendments that had been proposed by the EP and the concerns that exist at the member state level, as expressed by the Council. The essence of the proposal tabled by the Commission in September 2017 remains intact in the final text of the Regulation. However, there are some important additions and nuances that are discussed in this Legal Update.

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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