The UK Parliament adopts the National Security and Investment Act

On 29 April 2021, the UK National Security and Investment Bill was granted Royal Assent and has therefore formally become law. The new National Security and Investment Act (NSIA), is not yet in force but it is expected to become effective later this year. The NSIA establishes a new security regime which will strengthen the UK government’s ability to investigate and intervene in any corporate deals and investments to protect national security. It will allow the UK Government to review and approve foreign investments and will capture qualifying transactions involving the acquisition of shares and assets. It is a standalone regime and

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  • Bird & Bird (London)

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Anthony Rosen, The UK Parliament adopts the National Security and Investment Act, 29 April 2021, e-Competitions Foreign Investment, Art. N° 100945

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