The highly anticipated Memorandum of Understanding on scrutiny of the Investment Security Unit (“ISU”) between the Business, Energy and Industrial Strategy Committee (“BEIS Committee”) and the ISU (the “MoU”) agreed on 14...more
Welcome to our H1 2022 Energy and Infrastructure Round-up. Here we share our assessment of key legal and transactional developments in the energy and infrastructure market including: •Market Activity- •Market...more
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
It has now been just over six months since the UK’s national security regime came into effect under the National Security and Investment Act 2021 (NSIA), enabling the UK Government to review and intervene in a variety of...more
On 20 April 2022, the Department of Business, Energy and Industrial Strategy (BEIS) published its reforms to competition and consumer policy in the UK (see here for the reforms in full). The proposals follow BEIS’ July 2021...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
State aid remained one of the key sticking points in Brexit negotiations right until the announcement of the Trade and Cooperation Agreement ("TCA") on Christmas Eve 2020. One of the key priorities of the European Union...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
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