Recent developments in the French FDI screening regime

In recent years, the world has seen a heightened level of scrutiny applied to foreign investments in the name of national security and France has been no exception to the trend. This article discusses notable recent amendments to the French foreign investment screening regime, including the impact of ministerial decrees and orders issued in 2020 and 2021, the effects of the EU Regulation on FDI screening and the French Ministry of the Economy tendances.

1. Foreign direct investment (FDI) in France has been subject to regulation for several decades, with the first such law being enacted fifty-five years ago on 28 December 1966 regarding foreign financial relations. [1] However, the past decade in particular has taken on a narrative of its own in relation to FDI screening, not only in France but around the world. While in the past, attracting foreign investment was a point of pride for western economies, nowadays, foreign investments in or acquisitions of companies and strategic assets are regarded with an increasingly suspicious eye. Exacerbated by the political currents against globalisation in the latter half of the last decade and the ongoing effects of the Covid-19 pandemic, governments across the globe have grown to adopt the

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Emily Xueref-Poviac, Recent developments in the French FDI screening regime, February 2022, Concurrences N° 1-2022, Art. N° 105130

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