On Thursday, 24 October, Andrew Hill, Senior Policy Adviser, AmCham EU represented the organisation by speaking at the Conference on Foreign Investment Screening, hosted by the CELIS Institute.The discussion focused on the evolving landscape of investment screening in Europe and ways to ensure that the Foreign Investment Screening Regulation best supports Europe’s security. It also highlighted the importance of honing investment screening towards the most risky investments, while creating optimal pathways for cooperation between agencies. Panellists also highlighted the growing need for transatlantic cooperation, the drive toward transparent screening mechanisms and the development of investment screening as a practice, and the future of investment screening in view of economic security. 

The draft Guidelines to the Foreign Subsidies Regulation (FSR) risk broadening the already excessive reach of the FSR and making its application even less certain for industry, adding to already disproportionate costs and complexities for businesses. The Guidelines should take the opposite approach, seeking to clarify unclear concepts related to the FSR’s application, hone its scope to focus only on subsidies with a demonstrable EU nexus and align the FSR’s treatment of foreign incentives with EU State aid rules.

The Savings and Investments Union (SIU) is an opportunity for Europe to facilitate and deliver innovative financial services that create better outcomes for investors. Through targeted regulatory reforms and new initiatives, private and public sector actors can put retail investors at the core of their vision. But significant challenges remain, despite efforts to eliminate market barriers and reduce costly compliance. Learn how an ambitious SIU will allow the EU to gain momentum towards a complete Single Market.

From Monday, 30 June to Tuesday, 1 July, AmCham EU visited Copenhagen, Denmark to engage with Danish and US stakeholders on international tax files. Delegates met with representatives from the Danish Chamber of Commerce, Danish Industry, Danish Ministry of Taxation and the US Embassy to exchange views on the Danish Presidency’s priorities and the evolving tax policy landscape, including simplification at the EU level and developments regarding Pillar 2. The meetings highlighted the need to simplify tax policy to create an environment that supports investment, innovation and growth.

On Tuesday, 29 April, Andrew Hill, Senior Policy Adviser, AmCham EU represented the organisation at CompLaw's Foreign Direct Investment (FDI) Regimes & Foreign Subsidies Regulation conference. Joining the panel on the EU foreign direct investment screening mechanism, Mr Hill stressed the need to align FDI screening frameworks across borders and to ensure that FDI screening is focused on transactions with clear national security concerns. He also underlined the importance of predictability for businesses operating in the Single Market. The Foreign Investment Screening Regulation, if designed correctly, could make a significant impact in safeguarding security while preserving Europe's openness to global investment.