Following on from its first annual report on the National Security and Investment Act (“NSIA”) in June 2022 ), on 19 July 2022 the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) published its first set of...more
7/26/2022
/ Acquisitions ,
Annual Reports ,
BEIS ,
Insolvency ,
National Security ,
New Guidance ,
Notice Requirements ,
Reorganizations ,
Shareholders ,
Transfer of Control ,
UK
On 16 June 2022, the UK’s Department for Business, Energy & Industrial Strategy (“BEIS”) published its first annual report into the performance of the National Security and Investment Act (“NSIA”) regime. The report - which...more
November has seen a number of developments in preparation for full implementation on 4 January 2022 of the UK’s new investment screening regime, the National Security & Investment Act. The Government has updated and...more
The UK Government on 20 July 2021 published further details on the UK’s new investment screening regime, the National Security & Investment Act - confirming that mandatory filings and pre-completion approvals will be required...more
The UK’s long-awaited National Security and Investment Act passed into law on 29 April 2021 when it received Royal Assent. Secondary legislation will follow and the regime is expected to be fully in force towards the end of...more
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more
The new National Security and Investment Bill, which aims to provide the Government with the necessary powers to scrutinise and intervene in business transactions to protect national security, will introduce a mandatory...more
On 11 November, the UK Government introduced to Parliament the long-awaited National Security and Investment Bill. The Bill, which is expected to be enacted in Spring 2021, is a transformative event for investors in UK...more
11/16/2020
/ Acquisitions ,
BEIS ,
Critical Infrastructure Sectors ,
EU ,
Foreign Investment ,
Merger Controls ,
Mergers ,
National Security ,
Notice Requirements ,
Proposed Legislation ,
Regulatory Agencies ,
Regulatory Oversight ,
UK ,
UK Competition and Markets Authority (CMA)
On 21 June 2020, the UK Government announced that it is introducing emergency legislation that will bolster its powers to scrutinise, and potentially block, foreign takeovers on new public interest grounds, namely:
..to...more