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A New European Commission Proposal on Foreign Direct Investment Screening: Towards Greater Harmonization?

By Karl Stas & Jean-Baptiste Blancardi on April 9, 2024
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As part of a recent package of initiatives aimed at strengthening the EU’s economic security, the European Commission has put forward a proposal to revise the EU Foreign Direct Investment (FDI) Screening Regulation. This proposal reflects the Commission’s experience with the existing FDI Regulation over the past three years, and it seeks to bring Member State national rules on FDI screening closer together and improve cooperation between Member States and the Commission.

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Photo of Karl Stas Karl Stas

When faced with complex competition or regulatory issues, clients turn to Karl Stas for no-nonsense, business-focused advice. A senior counsel in the Antitrust and Competition group in Crowell & Moring’s Brussels office, Karl focuses on EU and Belgian competition law (including state aid)…

When faced with complex competition or regulatory issues, clients turn to Karl Stas for no-nonsense, business-focused advice. A senior counsel in the Antitrust and Competition group in Crowell & Moring’s Brussels office, Karl focuses on EU and Belgian competition law (including state aid), public and administrative law, the regulation of network industries, and the digital economy. He regularly advises clients in the telecommunications, media, entertainment, postal and pharmaceutical sectors, among others.

Karl assists international and Belgian clients in complex antitrust and regulatory matters, representing them before both the European Commission and national antitrust and regulatory authorities. In addition to his extensive advisory experience in these areas, Karl is also an experienced litigator, regularly representing clients before Belgian civil and administrative courts at all levels, as well as before the Court of Justice of the European Union (CJEU).

Karl has been noted as a “key figure” for competition law in Belgium by the leading legal journal Legal 500 EMEA.

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Photo of Jean-Baptiste Blancardi Jean-Baptiste Blancardi

Jean-Baptiste Blancardi is an associate at Crowell & Moring, where he focuses on international trade law and on Environmental, Social, and Governance (ESG). His practice covers the broad spectrum of international trade law, including trade remedies investigations (antidumping, countervailing, and safeguard investigations) in…

Jean-Baptiste Blancardi is an associate at Crowell & Moring, where he focuses on international trade law and on Environmental, Social, and Governance (ESG). His practice covers the broad spectrum of international trade law, including trade remedies investigations (antidumping, countervailing, and safeguard investigations) in the EU and the U.S., as well as customs (origin, classification, duty refunds). In parallel, Jean-Baptiste advises clients on how to navigate the new EU regulations affecting trade in the Union and articulated around sustainability (Corporate Sustainability Due Diligence Directive, Carbon Border Adjustment Mechanism, Forced Labour Regulation) and open strategic autonomy (Foreign Subsidies Regulation, Anti-Coercion Instrument, Critical Raw Materials Act).

Prior to joining Crowell, Jean-Baptiste was a trainee at one of the most advanced ESG law firms in Paris, where he gained valuable experience relating to corporate sustainability reporting for groups with complex supply chains.

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  • Posted in:
    Government and Public Policy
  • Blog:
    International Trade Law
  • Organization:
    Crowell & Moring LLP
  • Article: View Original Source

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