Zagreb Law Review, Vol. 10 No. 2, 2021.
Review article
THE APPLICATION OF PUBLIC POLICY AND PUBLIC SECURITY REASONS FOR JUSTIFYING RESTRICTIONS ON FREE MOVEMENT OF CAPITAL IN THE EU
Matija Kontak
Abstract
The paper explores public policy and public security grounds for justifying restrictions to free movement of capital in the EU, analyses the distinction between these two grounds, and discusses the limits for their application. The content of these terms is flexible and their concrete meaning is determined by the Court of Justice of the European Union. The most prominent examples of restrictions of capital movement have been golden shares. More recently, screening mechanisms that assess incoming foreign direct investment represent a significant new type of restriction of free movement of capital.
Keywords
public policy, public security, free movement of capital, FDI screening mechanisms, golden shares
Hrčak ID:
271600
URI
Publication date:
30.1.2022.
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