Outward foreign affiliates statistics (Outward FATS) describe the number, structure and activity of subsidiaries abroad that are controlled by institutional units resident in the reporting country. Control means that these subsidiaries are majority-owned (a shareholding of more than 50 %) by domestic enterprises (directly, or via intermediate enterprises). At present, data on four characteristics is collected for the units in question: country of residence, activity (NACE), employment and turnover. The data, which is compiled annually, is therefore presented by sectors (NACE) and country of residence.
The legal basis is the national FATS Regulation, which was based on the European FATS Regulation (EC) No 716/2007 up to and including the reporting year 2020; from the reporting year 2021 onwards, it is based on Regulation (EU) 2020/1197 (EBS General Implementing Act).