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Position paper - Foreign Subsidies Regulation implementation
On Thursday, 12 October 2023, reporting obligations under the Foreign Subsidies Regulation (FSR) will come into effect. To increase legal certainty, the European Commission should publish early guidelines and organise stakeholder workshops to clarify key requirements. Aligning the FSR's notification exemptions with the comprehensive notification exemptions in the EU’s State Aid Framework would also help avoid duplication of requirements. Read how these improvements, among others, would deliver the FSR’s objectives of tackling distortive foreign subsidies, ensuring a level playing field and minimising administrative burdens for businesses investing in Europe.