The Economic Crime and Corporate Transparency Act 2023 (“ECCTA”) introduces changes to UK company law to ensure accuracy of public information and reduce the possibility of fraud. Some of the key points are:...more
Following a consultation launched in May 2022[1], the UK Panel on Takeovers and Mergers (the “Panel”) effected changes to the City Code on Takeovers and Mergers (the “Code”) on 20 February 2023[2], including the circumstances...more
The National Security Investment Act 2021 (the “Act”) came into effect on 4 January 2022 and introduced a new UK investment screening regime focused on national security risks (the “NSI Regime”). It is similar to the...more
This alert considers the recent updates and guidance published by the UK’s Department for Business, Energy and Industrial Strategy (BEIS) regarding the UK’s National Security and Investment Act 2021 (the “Act”).
These...more
On 29 April 2021, there was a significant development in the evolving European national security landscape, when the National Security and Investment Act (the “Act”) was granted Royal Assent and passed into law in the United...more
On 11 November 2020, the UK Government (the “Government”) published the draft National Security and Investment Bill (the “Bill”), heralding the dawn of a new era through the proposed introduction of the UK’s first standalone...more
11/18/2020
/ Assessment ,
BEIS ,
CFIUS ,
Enterprise Act 2002 ,
Foreign Direct Investment ,
Foreign Investment ,
Impact Assessments ,
Investors ,
National Security ,
Secretary of State ,
UK ,
UK Competition and Markets Authority (CMA)
As European nations increasingly focus on regulation of foreign direct investment (FDI), the UK Government recently announced changes to the Enterprise Act 2002, which underpins the UK’s merger control regime.
Within the...more
7/17/2020
/ Artificial Intelligence ,
Enterprise Act 2002 ,
EU ,
Foreign Direct Investment ,
Foreign Investment ,
Jurisdictional Thresholds ,
Public Health ,
Public Health Emergency ,
Technology Sector ,
UK ,
UK Parliament
With many early-stage, high growth businesses facing economic upheaval and pressure on their cash flow as a result of COVID-19, the Chancellor of the Exchequer has announced a £1.25 billion support package to help innovative...more