The EU Parliament, the Council and the EU Commission agree on a Framework for the screening of foreign direct investment on grounds of security or public order

EUROPEAN PARLIAMENT, COUNCIL AND EC PROPOSE EU FRAMEWORK FOR FOREIGN DIRECT INVESTMENT SCREENING On 20 November 2018, the European Parliament, the Council and the EC agreed on a framework for the screening of foreign direct investment (FDI) on grounds of security or public order. This new framework is embodied in the proposal for a regulation of 6 December 2018. The main objective of the proposed regulation is to ensure security and public order in the European Union while leaving scope for Member States to screen FDI in light of their individual situation. The regulation does not have as its objective the harmonisation of national screening mechanisms, but the enhancement of cooperation between Member States, and between Member States and the EC. To date, there has

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Authors

  • McDermott Will & Emery (Brussels)
  • McDermott Will & Emery (Paris)
  • McDermott Will & Emery (Brussels)

Quotation

Mai Muto, Jacques Buhart, Philip Bentley, The EU Parliament, the Council and the EU Commission agree on a Framework for the screening of foreign direct investment on grounds of security or public order, 20 November 2018, e-Competitions Bulletin November 2018, Art. N° 89397

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