Frankfurt

The EU’s Foreign Subsidies Regulation (FSR) entered into force on 12 July 2023. Its M&A and public procurement notification regimes will go live on 12 October 2023. On 10 July 2023, the European Commission (Commission) adopted its final version of the FSR’s Implementing Regulation alongside the template notification forms. This gives further information on how the FSR regime works in practice, and specifies the information that must be included for mandatory M&A and public procurement notifications. We have written previously about the FSR regime at the beginning of 2023. This article looks at the new FSR regime, and what this means in practice for those doing business within the EU.