The European Union strengthens its FDI screening framework

Regulation (EU) 2026/1386 on the screening of foreign direct investments (FDI), in force since 16 July 2026, repeals Regulation (EU) 2019/452, which was implemented in Romania by Government Emergency Ordinance No. 46/2022, as subsequently amended and supplemented. The new Regulation provides for an 18-month transitional period to allow Member States to adapt their national legislation and administrative screening mechanisms.

By way of exception, certain provisions — particularly those concerning the notification of national measures, the common information form, the secure European infrastructure for data exchange and the delegated powers of the European Commission — have applied since 16 July 2026.


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