EU and UK Foreign Investment and National Security

December 05, 2017

The European Commission and, separately, the UK Government have recently proposed tightening national security controls on foreign direct investment (FDI). A draft EU Regulation would establish a common approach by Member States, co-operation when FDI may affect more than one of them, and assessment by the Commission if it may affect ‘Union interests’. The UK proposals would extend scrutiny to investment in small military, dual use and advanced technology businesses and, in the longer-term, to a range of other sectors. Dechert can assist businesses and investors seeking to clarify if and how they may be affected.

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