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Clifford Chance

Clifford Chance


FDI Screening in the EU: European Commission publishes its first annual report on the Screening Regulation

16 December 2021

On 23 November 2021, the European Commission published its first annual report on the implementation of the FDI Screening Regulation.

The FDI Screening Regulation was adopted on 19 March 2019, entered into force on 10 April 2019 and was fully implemented on 11 October 2020. At the time the proposal for the Regulation was tabled, only eleven EU Member States had a national screening regime for foreign direct investment (FDI). Today, that number stands at 18.

The growing popularity of investment screening among governments around the world demonstrates the importance that FDI regulation will play in future transactions. Our briefing discusses some of the findings of the Commission's annual report and the changes over the horizon for the EU FDI regulation landscape.

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