To address growing geopolitical tensions and technological shifts, the European Commission presented, on 24 January 2024, five new initiatives for strengthening the EU’s economic security.
Part of the package is a proposal for a new regulation on the screening of foreign investments, whose aim is to update Regulation 2019/452 (FDI Regulation), which is currently in force.
As explained by the European Commission, “the proposed changes reflect new geopolitical and security challenges” and “address the gaps and shortcomings” of the existing system.
