CELIS Update on Investment Screening and Economic Security – January 2025

CELIS Update on Investment Screening and Economic Security - January 2025

by Helene Schramm with the help of intern Surbhi Gupta   ECONOMIC SECURITY STRATEGIES   European Union – Commission Recommendation calling on EU Member States to review outbound investments into non EU-countries As Foreign Direct Investment (FDI) regimes have expanded globally in recent years, concerns have also risen about the economic security risks posed by…

Read More ...

CELIS Update on Investment Screening – December 2024

CELIS Update on Investment Screening - December 2024

European Union – European Commission refers the United Kingdom to the Court of Justice of the European Union for failure to terminate intra-EU BITs On 16 December 2024, the European Commission decided to refer the United Kingdom to the Court of Justice of the European Union (CJEU) for failing to terminate its Bilateral Investment Treaties…

Read More ...

CELIS Update on Investment Screening – November 2024

Global – Publication of 31st UNCTAD-OECD Report on G20 Investment Measures On 13 November 2024, the United Nations Trade and Development (UNCTAD) and the Organisation for Economic Co-operation and Development (OECD) released the 31st Report on G20 Investment Measures (“Report”). The Report documents measures taken by the G20 governments between 16 October 2023 and 15…

Read More ...

CELIS Update on Investment Screening – October 2024

European Union – European Commission releases Fourth Annual Report on the screening of foreign direct investments into the Union  On 17 October 2024, the European Commission (“EC”) released the Fourth Annual Report on the screening of foreign direct investments into the Union (“Report”) for the year 2023. The Report is divided into 4 chapters and…

Read More ...

CELIS Update on Investment Screening – September 2024

CELIS Update on Investment Screening - September 2024

European Union – European Commission has granted conditional approval in first in-depth review for an M&A transaction On 24 September 2024, the European Commission has approved the acquisition by Emirates Telecommunications Group Company PJSC (ETGC) of sole control of PPF Telecom Group B.V. (PPF), excluding its Czech business, under the Foreign Subsidies Regulation. The approval is conditional on…

Read More ...

CELIS Update on Investment Screening – August 2024

EU – European Commission publishes Commission Staff Working Document giving clarifications on the application of Art. 4 (1), Article 6 and Article 27(1) of Regulation (EU) 2022/2560 on foreign subsidies distorting the internal market On 26 July 2024, the European Commission (“EC”) published the Commission Staff Working Document on foreign subsidies distorting the internal market…

Read More ...