There have been a number of key developments in the evolution of the UK’s national security regime since our e-bulletin earlier this year (UK to Adopt New Powers Over M&A Activity To Protect National Security). First and...more
12/16/2021
/ Acquisitions ,
BEIS ,
Change in Control ,
Foreign Acquisitions ,
Foreign Investment ,
Investors ,
Mergers ,
National Security ,
New Guidance ,
Notice Requirements ,
Penalties ,
Risk Assessment ,
Risk Mitigation ,
UK
The National Security and Investment Bill (the “Bill”) received royal assent and was enacted into English law as the National Security and Investment Act (the “Act”) on 29 April 2021. As discussed in our previous Update, the...more
Draft legislation, which is currently being debated in the UK Parliament, will introduce a new regime granting the UK Secretary of State robust powers to review, vary or block acquisitions which may pose a risk to the...more
4/7/2021
/ Acquisitions ,
CFIUS ,
Corporate Counsel ,
Critical Infrastructure Sectors ,
Enforcement Authority ,
Foreign Investment ,
Merger Controls ,
Mergers ,
National Security ,
Pending Legislation ,
Regulatory Authority ,
UK
On 11 November 2020 the draft National Security and Investment Bill, the “NSI Bill” was published. The NSI Bill would introduce a new statutory regime granting the “Secretary of State” for Business, Energy and Industrial...more