06
Mar
By Till Steinvorth | Orrick
The Council of the European Union (EU) has adopted a new regulation “establishing a framework for the screening of foreign direct investments into the Union” (the Regulation). This is the first time the EU is equipping itself with a comprehensive framework to monitor investments into EU businesses by investors from outside the EU.
The new rules create a cooperation mechanism where EU member states and the European Commission are able to exchange information and raise concerns. The...