After facing criticism for restricting various benign overt actions of non-UK organisations, businesses and charities, the FIRS was narrowed before the Bill received Royal Assent on 11 July 2023....more
Following negotiations with the United States, the Netherlands in January 2023 agreed to impose controls on the export of certain semiconductors and related products to China....more
The UK's National Security and Investment Act 2021 (the NSIA) came fully into force on 4 January 2022, with retrospective effect on certain transactions entered into or completed on or after 12 November 2020. In this article...more
On 8 September 2022, the UK Government introduced the Foreign Influence Registration Scheme (FIRS) by way of amendment to the National Security Bill (the Bill)....more
With the EU FDI Regulation close to celebrating its second year anniversary, the European Commission (EC) has published its second annual report on EU FDI screening covering the operation of the mechanism in 2021. In...more
The UK National Security and Investment Act 2021 (NSIA) has been in force for over six months. We know that within the first three months, the UK government received 221 notifications and “called-in” 17 deals for a more...more
On 10 May 2022, the Queen's Speech 2022 was delivered to the UK's Parliament. The speech included a range of announcements relating to different Bills, three of which will be of particular interest to companies in relation...more
The National Security and Investment Act 2021 came into force on 4 January. We look at the implications for the loan markets.
...more
The UK government is continuing to build up its guidance in preparation for the commencement of the UK’s national security regime on 4 January 2022. ...more
The UK government has taken a further step in preparation for the commencement of the UK’s strengthened national security regime on 4 January 2022. ...more
The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. This will include a power for the UK...more
The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. That will include a power for the UK...more
On 29 April 2021, the National Security and Investment Act 2021 (the Act) received royal assent. The Act dramatically expands the UK Government’s powers to scrutinise investments. The regime that the Act puts in place has not...more
The UK government has finally delivered on its promise to tighten the scrutiny of transactions on national security grounds....more
On 24 November 2020, the Telecommunications (Security) Bill (the Bill) was introduced by the UK Government into Parliament. As anticipated, the Bill seeks to introduce a new regulatory framework for telecommunications...more
The table below sets out an overview, based on our current awareness of the position as regards foreign investment control, of the different approaches being taken by authorities around the world in response to the Covid-19...more
On 11 November 2020 the UK Government published its groundbreaking National Security and Investment Bill (Bill). The Bill will drastically expand the Government’s powers to scrutinise investment on national security grounds,...more
11/12/2020
/ Corporate Sales Transactions ,
Covered Transactions ,
Critical Infrastructure Sectors ,
Foreign Investment ,
Investment ,
Investment Funds ,
Legislative Agendas ,
National Security ,
Private Equity ,
Regulatory Reform ,
UK