Foreign investors are in the minds of regulators on both sides of the Atlantic. Changes to the U.S. system for reviews of in-bound investment under the Committee on Foreign Investment in the United States (CFIUS) process are underway and important new CFIUS legislation is pending in Congress. At the same time, Germany has taken the lead in the EU to strengthen its screening mechanisms – and other EU jurisdictions will follow.
The growing trend to scrutinize foreign direct investments (FDI) continues to gain momentum. The recent unease is driven by increasing concerns about cutting-edge technologies and important know-how being lost abroad. In the United States and the EU there is a perceived need to protect strategic sectors and an expanded range of technologies, materials and infrastructure that are deemed “critical” to economic, public and national security.
This joint webinar by Drinker Biddle and Taylor Wessing covered significant regulatory and policy changes to investment screening on both sides of the Atlantic in 2017 and looked ahead to potential changes on the horizon for 2018.
- Status and prospects for national security reviews of FDI under the existing CFIUS process.
- Proposed new CFIUS legislation and its likely impact on markets and investments.
- The current U.S. administration’s views on trade issues and China’s “Made in China 2025” initiative and how these views may affect prospects for CFIUS approval.
- The revised framework for FDI screening in Germany.
- The proposal to establish a mechanism at the EU level.
- Developments in other EU countries.
- Nate Bolin (Partner, Drinker Biddle)
- Andreas Haak (Partner, Taylor Wessing)
- Dr. Barbara Thiemann