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ARTICLE · 19 FEBRUARY 2024

The EU Commission Gets Serious About Foreign Direct Investment Screening

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As part of its European Economic Security Package, the European Commission (‘Commission') has recently proposed a number of legislative proposals and White Papers intended to better protect Europe's

GlobalGovernment, Public Sector
Dimitris Vallindas
Dimitris Vallindas
Anton Gerber
Anton Gerber
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As part of its European Economic Security Package, the European Commission ('Commission') has recently proposed a number of legislative proposals and White Papers intended to better protect Europe's strategic interests. We have covered the wider initiative here.

This blog post discusses one specific aspect: the proposal for a revised FDI Screening Regulation ('Proposal'). The Proposal is intended to repeal and replace the existing legal instrument enacted to provide a handle on the acquisition of foreign control over strategic EU assets, Regulation 2019/452, commonly known as the FDI Screening Regulation

The story so far: the current FDI Screening Regulation, a toothless tiger?

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