UK National Security and Investment Law Adopted: New UK Rules for Reviewing Foreign Direct Investment
By EsqSocial Corporation 19/05/21
On 29 April 2021, the UK's National Security and Investment Bill (NSI Bill) gained Royal Assent. The NSI Bill, dubbed by some as CFIUK – a nod to the United States' Committee on Foreign Investments (CFIUS) – has now become law as the National Security and Investment Act 2021 (the NSI Act). Widely seen as the biggest shake up of the UK's investment screening regime in 20 years, the NSI Act will modernise the UK Government's powers to investigate and intervene in potentially hostile foreign direct...
By: Katten Muchin Rosenman LLP