CELIS Blog
The CELIS Blog: Fueling the Conversation on Economic Security. The CELIS Blog is a unique forum for current debates on international investment control and economic security law and practice more broadly. It brings the latest developments and analysis to you. From economic security (law) experts – to economic security (law) experts.
Engage, Share, Contribute: Become part of the conversation. Share your insights, engage with thought-provoking content, and contribute to a blog that influences policy and practice. Whether you're looking to enhance your professional visibility or make an impact in the field, the CELIS Blog welcomes your voice.
Collateral Damage: What about the Casualties of the Geoeconomic Turn?
Bálint Kovács* At the beginning of this year, the government of the United States completed its outbound screening regime, adopting the final rule to implement Executive Order 14105 of 9 August 2023 (the Outbound Order).[1] The Outbound Order focuses on three key technology areas: semiconductors and microelectronics, quantum information technologies, and artificial intelligence. In an Annex, it also identifies the ...
Continue reading CELIS Update on Investment Screening and Economic Security – April 2025
by Helene Schramm with the help of intern Surbhi Gupta INVESTMENT SCREENING MECHANISMS European Union – European Commission publishes first in-depth decision on the Foreign Subsidies Regulation in e&/PPF On 4 April 2025, the European Commission issued its first conditional Phase II decision under Regulation (EU) 2022/2560 - the Foreign Subsidies Regulation (“FSR”) - in the acquisition of PPF Telecom by Emirates ...
Continue reading CELIS German Chapter Round Table in Berlin – 27th May 2025
CELIS German Chapter, BLOMSTEIN and Dentons jointly organize an economic policy Round Table on 27th May (17:00-19:00) in Berlin to discuss the impact of trade policy measures on investment decisions. In particular, the debate will focus on how new and complex trade policy measures on both sides of the Atlantic and their embedding in questions of economic security affect investment ...
Continue reading “MAL-TAming” – Malta aimed and Luxembourg tamed the Maltese investor citizenship scheme. Is there anything to learn from an FDI perspective?
Johannes Barbist (Binder Grösswang, Partner) Malta and certain other EU member states (e.g., Cyprus, Bulgaria, partly even Austria) have been operating schemes with preferential access to citizenship or residence for quite some time and partly still do. The standard strenuous path to citizenship or right of residence in these EU member states could be eased into a fun downhill ...
Continue reading The EU Anti-Coercion Regulation: A New Tool Against Economic Pressure
Georgia Tzifa & Mariia Shulha (Wilmer Hale)* As global economic pressures mount, the EU has armed itself with a powerful new tool to counter economic coercion. The EU Anti-Coercion Regulation (Regulation (EU) 2023/2675) has been fully in force for about a year (officially entering into force on December 27, 2023) and is poised to shape the EU's trade defense strategy. ...
Continue reading CELIS Update on Investment Screening and Economic Security – March 2025
by Helene Schramm with the help of intern Surbhi Gupta INVESTMENT SCREENING MECHANISMS European Union – EU consults on Foreign Subsidies Regulation Guidelines On 5 March 2025, the European Commission published a Call for Evidence seeking feedback on the upcoming Guidelines regarding the implementation of the Foreign Subsidies Regulation (“FSR”). The FSR, effective since July 2023, empowers the ...
Continue reading Transatlantic Economic Security at a Crossroads: CELIS DC Leaders Meeting 2025
John Kay, Head of Programmes and Strategic Partnerships, CELIS Institute The United States and the European Union remains one of the most deeply integrated economic partnerships in the world with immense volumes of trade, joint investment, and overlapping financial infrastructure. U.S. foreign direct investment (FDI) in Europe is roughly three times more than in Asia, and European companies play a ...
Continue reading Learnings from the first FSR Phase II merger decision: The Commission publishes a provisional public version of the commitment decision in e&/PPF (part 2)
Lena Hornkohl, University of Vienna, & Pierfrancesco Mattiolo, University of Antwerp On 24 September 2024, the European Commission (EC) issued the long-awaited first decision (under phase II of the concentration tool) of the new Foreign Subsidies Regulation (FSR). It took another long wait of seven months, but a provisional public version of the commitment decision in the e&/PPF transaction (Case ...
Continue reading Learnings from the first FSR Phase II merger decision: The Commission publishes a provisional public version of the commitment decision in e&/PPF (part 1)
Lena Hornkohl, University of Vienna, & Pierfrancesco Mattiolo, University of Antwerp On 24 September 2024, the European Commission (EC) issued the long-awaited first decision (under phase II of the concentration tool) of the new Foreign Subsidies Regulation (FSR). It took another long wait of seven months, but a provisional public version of the commitment decision in the e&/PPF transaction (Case ...
Continue reading CELIS German Chapter Round Table in Berlin – 27th May 2025
CELIS German Chapter, BLOMSTEIN and Dentons jointly organize an economic policy Round Table on 27th May (17:00-19:00) in Berlin to discuss the impact of trade policy measures on investment decisions. In particular, the debate will focus on how new and complex trade policy measures on both sides of the Atlantic and their embedding in questions of economic security affect investment ...
Continue reading Get the blog posts in your inbox: CELIS Newsletter
CELIS Blog Editors
Want to be an author?
The CELIS Blog always welcomes posts from economic security professionals that address current issues in international investment screening and economic security law and practice. Would you like to contribute to the Blog? Please contact our editors: blog@celis.institute
Please feel free to consult our Editorial Guidelines.