European Network Legal News Alert - Foreign direct investment screening in the main continental European jurisdictions: trends and challenges

On October 11, 2020, Regulation (EU) no. 2019/452 of the European Parliament and of the Council dated March 19, 2019 - which establishes a framework for the screening of foreign direct investments into the Union (so-called “FDI Regulation”) - came into force.

This memorandum - jointly prepared by the experts of leading independent law firms Chiomenti, Cuatrecasas, Gide and Gleiss Lutz - offers a brief overview of the main innovations recently introduced in France, Germany, Italy, Portugal and Spain granting the respective national competent authorities deeper powers to protect companies and assets deemed “strategic”.