CELIS-NEWS

by Helene Schramm with the help of intern Parth Aggarwal   INVESTMENT SCREENING MECHANISMS     Hungary – Update of Hungarian FDI Screening Framework with Adoption of Act L of 2025 On 19 August 2025, Hungary enacted Act L of 2025, repealing the government decrees that had established the ‘Special FDI Screening Regime’ during the national…

by Helene Schramm and Órlaith Higgins   INVESTMENT SCREENING MECHANISMS   Republic of Cyprus – Cyprus moves to align with EU by introducing FDI screening framework Cyprus has finally begun to remedy the absence of its FDI screening regime amid efforts to harmonize European foreign direct investment (“FDI”) screening with its submission of the bill entitled “the Establishment…

by Helene Schramm with the help of intern Parth Aggarwal   INVESTMENT SCREENING MECHANISMS    European Union – Commencement of trilogue discussions on the revision of the EU FDI screening regulation   In January 2025, the European Commission unveiled a proposal to overhaul the EU’s Foreign Direct Investment (FDI) screening regulation (Regulation 2019/452), aiming to strengthen…

by Helene Schramm   INVESTMENT SCREENING MECHANISMS   European Union – European Parliament approves proposal for a wide framework for screening of foreign direct investments On 8 May 2025, the European Parliament adopted the proposal of a major reform of the Foreign Investment Screening Regulation, aimed at protecting strategic EU sectors from foreign threats. The…

by Helene Schramm   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…

by Helene Schramm with the help of intern Surbhi Gupta   INVESTMENT SCREENING MECHANISMS European Union – European Economic Area’s Standing Committee of the EFTA States comments on the Proposal for a regulation on the screening of foreign investments in the Union On 25 February 2025, the European Economic Area (EEA) European Free Trade Association…