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UK Government Consults on Changes to Application of National Security and Investment Act

The UK government recently issued a Call for Evidence seeking input from stakeholders regarding potential changes to how it enforces the National Security and Investment Act (NSIA), which enables the UK government to...more

UK Government Publishes Second Edition of Market Guidance on NSI Act 2021

Following feedback on the first edition of the National Security and Investment Act 2021 (NSI Act) market guidance, a recently published second edition clarifies aspects of the NSI Act for businesses falling within its scope....more

FDI Screening Alert: Challenges for Sensitive Technology Deals in Germany and United Kingdom

Two major transactions have recently faced headwinds in Germany and the United Kingdom, jurisdictions traditionally perceived as investor friendly. Specifically, Taiwanese-based investor GlobalWafers Co. Ltd. failed to obtain...more

UK National Security and Investment Act Comes into Force on 4 January 2022

The UK government announced on 20 July that the National Security and Investment Act will enter into force on 4 January 2022. This act introduces mandatory filings for certain investments raising national security concerns,...more

Foreign Direct Investments in the United Kingdom: UK National Security and Investment Act Receives Royal Assent

The UK National Security and Investment Act 2021 (NSI Act) received royal assent on 29 April 2021. Expected to come into force in late 2021, the NSI Act will introduce a standalone UK foreign direct investment and national...more

The Uk’s Proposed New National Security Investment Screening Regime: Standalone, Mandatory, and Broad in Scope

The proposed regime is a huge departure for the United Kingdom, since it introduces mandatory filings for certain investments raising a national security concern, while it also gives the UK government extensive call-in powers...more

New Powers for UK Government in Transactions Impacting Public Health Emergencies and National Security

New reforms have given the UK government the power to intervene in acquisitions, with a view to maintaining in the United Kingdom the capability to combat and mitigate the effects of public health emergencies....more

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