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The EU Commission adopts a formal decision that the UK will not be treated as an EU Member State for FDI regulation purposes

The EU Regulation on Foreign Direct Investment (2019/452) (the “EU FDI Regulation”) will enter into force fully on October 11, 2020. Most notably, on this date, a cooperation and information sharing mechanism among Member States and the European Commission in respect of foreign direct investment (“FDI”) that has an “EU-dimension” will come into effect. As October 11 approaches, there is renewed attention on how the EU cooperation and information sharing mechanism will operate in practice and impact upon transactions entered into by foreign investors in the EU. In addition, many EU Member States have been making preparations to ensure that their domestic laws permit the gathering and sharing of information on FDI to a degree necessary to engage in such cooperation activities among EU

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Katherine Kingsbury, The EU Commission adopts a formal decision that the UK will not be treated as an EU Member State for FDI regulation purposes, 31 July 2020, e-Competitions Preview, Art. N° 96754

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