Government Launches Public Consultation on FDI screening

On 24 April 2020, the Department of Business, Enterprise and Innovation (the “Department”) launched a public consultation on screening of foreign direct investments (the “Consultation”). The Consultation is intended to inform the policy position that Ireland adopts in relation to the EU Regulation on screening of foreign direct investment for possible security and public order risks (2019/452/EU) (the "FDI Regulation"), with a particular focus on the potential establishment of an investment screening regime.