Update on Outbound Investment Screening: Current Developments in the EU and US

CELIS Update on Investment Screening - November 2023

By Konstantin Ahlers, PhD Candidate at the Leibniz Universität Hannover 1. Introduction  Since the European Commission added the regulation of Outbound Investments onto its 2023 Working Program in fall 2022 and President Biden signed the Executive order to restrict Outbound Investments by US- persons in summer 2023, a lot has happened in regard of Outbound…

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The ‘Protecting Americans from Foreign Adversary Controlled Applications Act’ (PAFACAA): ‘TikTok Ban’ or New Milestone in US Economic Security Law?

By Paolo Mazzotti, PhD candidate and Research Fellow, Max Planck Institute for Comparative Public Law and International Law (Heidelberg) The recently adopted ‘Protecting Americans from Foreign Adversary Controlled Applications Act’ (PAFACAA) marks a new step in the evolution of US economic security law. While often referred to as a ‘TikTok ban’, PAFACAA puts in place…

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CFIUS should steel itself from domestic presidential politics. On Biden’s public intervention on the Nippon Steel-US Steel Acquisition

CELIS Update on Investment Screening - December 2023

By Thomas P. Feddo, founder of The Rubicon Advisors LLC and former Assistant Treasury Secretary for Investment Security (2019-2021)   This blogpost elaborates on the opinion piece ‘Biden, CFIUS and the US Steel Acquisition’ authored by Feddo and published on the Wall Street Journal (15 April 2024)   In December 2023, Nippon Steel and US…

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