Dies ist eine HTML Version eines Anhanges der Informationsfreiheitsanfrage 'Lobby contacts intra-EU investment protection'.



Ref. Ares(2021)3902058 - 15/06/2021
FISMA/11308 - Investment facilitation
Meeting date and place
Meeting held on 11/02/2021 10:00
Participating organisation(s) representative(s)
Commerzbank AG
Requester
Commerzbank AG
Participant
Raiffeisen Bank International AG
Requester
Raiffeisen Bank International AG
Participant
Main issues discussed
The meeting took place on the stakeholders' initiative. They were interested in an up-date on the work on the 
forthcoming investment protection and facilitation proposal announced in the Commission Work Programme 2021. DG 
FISMA up-dated on the results of the open public consultation. It also informed about the main findings of the Ecorys&
amp;Deloitte study, which was close to completion. The study included literature review, a survey focusing on 
cross-border investors, a focus group with all stakeholder groups, case studies and economic analysis. The study 
confirmed the Commission assessment of the problems, the main messages from the public consultation and 
complemented them with additional evidence. This evidence was included in the ongoing IA and supported the analysis 
of options.
The stakeholders asked whether a binding dispute resolution mechanism at EU level appeared as a promising option in 
the IA. DG FISMA explained that the option was analysed in-depth in the report. While the option, could effectively 
address the enforcement problem, it also had a number of disadvantages. The evidence for instance suggested that this
option would be very costly and difficult to implement. Similarly, the option coming close to a “single rule book” on 
substantive rules raised a number of questions concerning proportionality and subsidiarity. Based on the analysis, it was
doubtful that these options would come out as preferred ones at the end. The other options examined in the IA 
appeared more realistic and combinations of options could also be envisaged.
The stakeholders thanked for the up-date and reaffirmed their continued interest in the initiative.
Directorate or unit
FISMA
Internal participants
FISMA
@ec.europa.eu)
Participant
FISMA
@ec.europa.eu)
Participant
FISMA
@ec.europa.eu)
Notetaker
FISMA
@ec.europa.eu)
For information
Author(s) of minutes
Validator and validation date