National Security and Investment Act 2021: Q&A
The UK National Security and Investment Act 2021 started applying on 4 January 2022. The Act radically overhauls foreign investment screening in the UK, by creating a standalone regime with some of the highest levels of scrutiny in the world. It is not limited to foreign investment, applying to UK investors too. It provides for a hybrid regime with (i) a mandatory regime for the 17 most sensitive economic sectors; and (ii) a voluntary regime for other areas of the economy.
Read our Q&A which sets out all you need to know.