UK’s National Security and Investment Bill Becomes Law

Following our prior client alerts regarding the U.K. government's proposals for a new investment screening regime (“UK Government Introduces New Regime for Screening Foreign Direct Investment” on November 11, 2020, and “UK Government Provides Greater Clarity on New National Security Screening Rules” on March 9, 2021), the U.K.’s National Security and Investment Bill received Royal Assent on April 29, 2021, and has formally become an Act of Parliament (the Act)....
By: Skadden, Arps, Slate, Meagher & Flom LLP

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