Author: Bethany Magro

The European Commission publishes the second annual report on FDI screening and the annual report on export control. Both reports have been adopted on 1st September 2022 and are available in all EU languages under these links:   Second annual report on FDI screening and accompanying staff working document : https://ec.europa.eu/transparency/documents-register/detail?ref=COM(2022)433&lang=en Annual report on export control: https://ec.europa.eu/transparency/documents-register/detail?ref=COM(2022)434&lang=en   The Commission produced a Brochure encompassing both reports and the Staff Working Document on FDI screening, with a foreword by the Commission's Executive vice-President....

On 04 April 2022, the Commission adopted Guidance to the Member States concerning foreign direct investment from Russia and Belarus in view of the military aggression against Ukraine and the restrictive measures laid down in recent Council Regulations on sanctions.   The Communication is available here....

The European Commission (EC) published the very first Annual Report on the implementation of the FDI Screening Regulation. The Annual Report draws on a number of sources, including the reporting by Member States pursuant to Article 5 of the FDI Screening Regulation. Prior to the entry into force of the FDI Screening Regulation on 11 October 2020, there was no EU-wide formalised cooperation among Member States and the European Commission on these matters. The European Commission had no role in the screening of FDI into the EU. This Report provides transparency around the operation of FDI screening in the EU, and developments in national screening mechanisms. It contributes to the accountability of the Union in an area where, given the security interests at stake, transparency regarding individual transactions is neither possible nor appropriate. This first Annual Report, based on the reports by the 27 Member States and other sources, confirms the clear value-added of the Regulation and the cooperation mechanism. More information here. ...

The National FDI Screening Office interviewed by The Malta Institute of Accountants. Click here to read the highlights from MIA's interview with the Office's Chairperson, Mr Mario Galea and COO, Ms Bethany Magro. ...