As the war in Ukraine rages on, recent advisories from financial crime agencies in the United States and the United Kingdom indicate heightened scrutiny on financial activity of Russian individuals and entities, including...more
1/20/2023
/ Economic Sanctions ,
Financial Institutions ,
Financial Services Industry ,
Financial Stimulus ,
Foreign Investment ,
Foreign Nationals ,
Foreign Policy ,
Popular ,
Russia ,
UK ,
United States
On July 20, 2022, the Secretary of State for the Department for Business, Energy, and Industrial Strategy (BEIS) within the UK government published a final order blocking a proposed licensing arrangement between the...more
On June 16, 2022, the Department for Business, Energy, and Industrial Strategy (BEIS) published its first annual report regarding the National Security and Investment Act 2021 (the NSI Act). The report solely covers the...more
The United Kingdom's National Security and Investment Act (the NSI Act) is now fully in force. First proposed in 2016, the NSI Act creates a stand-alone regime that authorizes the UK government to consider and address the...more
1/4/2022
/ Acquisitions ,
Corporate Counsel ,
Critical Infrastructure Sectors ,
Defense Sector ,
Foreign Acquisitions ,
Foreign Investment ,
Investors ,
Mergers ,
National Security ,
National Security Review Proceedings ,
Public Interest ,
UK
The United Kingdom's National Security and Investment Act (NSI Act) is scheduled to come fully into force on January 4, 2022. The NSI Act will create a new framework for the UK government to review so-called "trigger events,"...more