EU Foreign Subsidies Regulation (FSR) update
The FSR will apply to transactions concluded and public tenders initiated after 12 July 2023, and all companies doing business in the EU should assess how this EU regulation may impact their operations and reporting obligations. The FSR grants the European Commission extensive powers to investigate and assess non-EU subsidies to companies active within the EU that may distort competition in the internal market. The new rules introduce an additional filing and standstill obligation for companies engaging in M&A deals and public tenders that involve a certain foreign financial contribution.
During the one-hour webinar, Mauricette Schaufeli, Vincent Wellens and Evi Mattioli will discuss, among other things, how the FSR may affect transactions and public tenders and how your business can prepare for the upcoming FSR obligations.
Please register by sending an e-mail to events.nl@nautadutilh.com.