The Draft FSR Implementing Regulation Is Out - Now What?

Specific compliance considerations apply to M&A transactions and public tenders.

On 12 January 2023, the Foreign Subsidies Regulation (FSR) entered into force. The FSR empowers the European Commission (Commission) to control subsidies from non-EU States that distort competition on the EU internal market. On 6 February 2023, the Commission published its draft implementing regulation on key aspects of the FSR (Draft IR). The final implementing regulation is due to be adopted in Q2 2023.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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