CELIS Institute

Investment Screening | National Security | Competitiveness

The Institute

The CELIS Institute is an independent non-profit, non-partisan research enterprise dedicated to promoting better regulation of foreign investments in the context of security, public order, and competitiveness. It produces expert analysis and fosters a continuous trusting dialogue between policymakers, the investment community, and academics. The CELIS Institute is the leading forum for studying and debating investment screening policy.

Want to get involved? Here are ways to stay in touch and contribute to the Institute’s aims:

CELIS Newsletter

CELIS Newsletter: Stay in touch with the Institute and receive the latest developments in the field of investment screening and economic security, invitations to the Institute’s events, and get alerted when a CELIS blog post is published.

CELIS Country Reporter

CELIS Country Reports: Contribute with your in-depth knowledge and expertise towards our effort to identify best practice in the field of investment screening by joining the Board of Country Reporters. We regularly publish calls for positions to be filled. You may respond to these calls or get in touch proactively.


CELIS Blog: Write for our CELIS Blog on investment screening and economic security, showcase your expertise, and contribute towards the development of the field. After the summer of 2023, we will launch our most ambitious project so far, bringing the latest developments and analysis on investment screening and economic security to you. From investment security experts – for investment security experts.

CELIS Fellow

Become a CELIS Fellow: Our Fellows are natural persons actively engaged in the development or application of foreign investment control and economic security through their professional, vocational, or academic activities. They are legal practitioners from various professions, working in academia, government, legislature and other sectors, who participate in the Institute's activities on the basis of their personal and professional interests and without regard to the interests of any clients or stakeholders.

CELIS Patron

Become a CELIS Patron: Over the years, our work has been generously supported by sponsors (CELIS Patrons). We are currently applying for the charitable status for the CELIS Institute. Sponsorship as well as donations benefit from various tax privileges. If you are interested in supporting the work of the Institute do not hesitate to get in touch.

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Latest CELIS Blog posts relating to the field of foreign investment screening and economic security.

CELIS Update on Investment Screening – August 2023

Luxembourg – FDI Regime coming into force on 1 September 2023 The Luxembourg law of 14 July 2023 introduces a new foreign direct investment regime with a suspensory mandatory notification requirement in relation to investments in a broad range of sectors. Luxembourg is the latest European jurisdiction to pass broad FDI legislation and its FDI…
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National Interest and Freedom of Establishment: The CJEU’s Judgment in Xella

By Bálint Kovács In its judgment[1] published on 13 July 2023, the Court of Justice of the European Union (CJEU) ruled that Hungary’s decision to prohibit an investment by a foreign-owned Hungarian company aiming to acquire a Hungarian company violated the freedom of establishment. The prohibition involved the use of the novel foreign direct investment…
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CELIS Update on Investment Screening – July 2023

Spain – Spanish FDI Regulation enacted on 4 July 2023 Over the past three years, Spain has significantly strengthened its FDI regime. On 4 July 2023, the Spanish Council of Ministers approved the Royal Decree 571/2023 of 4 July on foreign investments and therewith amended and developed a number of rules that had been introduced…
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CELIS produces, hosts, and points to various original and third-party content relating to the fields of foreign investment and public order and secruity as well as investment protection and facilitation.

Sweden – Guide to Sweden’s New FDI Regime

Sweden adopted a new FDI Screening Mechanism starting 1 December 2023. Here you can find a quide to the scope ...

EU – Chips Act (8 February 2022)

The final proposal for a Regulation of the European Parliament and of the Council establishing a framework of measures for ...

USA – Executive Order 14105 (9 August 2023) (English)

On 9 August 2023 President Biden issued the highly anticipated Executive Order 14105, that directs the U.S. Department of the ...

CELIS hosts and organises alone and with partners various events on the fields of foreign investment and public order and secruity. Our flagship event is the CELIS annual conference.

CELIS International Conferences

CELIS Webinar CJEU Judgment

21 September 2023 ⋅ 12.30-14.00 h CEST

2023 CELIS Forum on Investment Screening (CFIS)

CFIS 23 - Investment Screening and Economic Security

11-13 October 2023

CELIS Partner Events


Understanding National Security Concerns in Light of FDI Screening

Conference: Understanding National Security Concerns in Light of FDI Screening Steffen Hindelang for two days devoted to national security considerations and Foreign Direct Investments at the Conference on ‘Understanding National Security Concerns in Light of FDI Screening’, 27 to 28 October 2022 in Rome. Steffen is currently professor of international investment and trade law at…

Investment Screening in the European Union

ERA Conference: Investment Screening in the European Union Steffen Hindelang and Jens Hillebrand Pohl for two days devoted to the new EU investment screening framework at the Academy of European Law ERA Conference on Investment Screening in the European Union, 12-13 November 2020. Steffen is professor (wsr) at the Department of Law of the Syddansk…
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