03.07.2020
In relation to foreign direct investments, the Regulation (EU) 2019/452 of the European Parliament and of the Council establishing a framework for the screening of foreign direct investments into the Union (hereinafter: “the FDI Screening Regulation”) has already been in force since the 10 April 2019 but will be applied from the 11 October 2020. The FDI Screening Regulation establishes a framework for the screening by Member States of foreign direct investments into the Union on the grounds of security or public order and for a mechanism for cooperation between Member States, and between Member States and the Commission, with regard to foreign direct investments likely to affect security or public order. It includes the possibility for the Commission to issue opinions on such investments. Furthermore, nothing in the FDI Screening Regulation will limit the right of each Member State to decide whether or not to screen a particular foreign direct investment within the framework of this regulation.
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