News & Analysis as of

United Kingdom National Security Investors

Skadden, Arps, Slate, Meagher & Flom LLP

Europe’s Sharpened Focus on Defense Creates M&A and Investment Opportunities

Key Points - - The war in Ukraine has prompted a historic surge in European defense spending. - Governments in the EU and U.K. are stressing the need for innovation. They are increasingly turning to investment in small...more

Jones Day

Extraterritorial Reach of Italian/UK FDI Rules: Are In-Country Sales Sufficient Nexus?

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In two recent decisions in the defense and national security sector, the Italian Foreign Direct Investment Authority ("FDI Authority") asserted jurisdiction in connection with two acquisitions of non-Italian companies that...more

Orrick, Herrington & Sutcliffe LLP

Founder Series: Managing Investment Control Risk in the UK

Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our...more

White & Case LLP

UK FDI Update: Key takeaways from the latest NSIA Annual Report

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The third Annual Report on the UK's National Security and Investment Act provides some valuable insights into the review process and how it continues to develop. We explore some of the key metrics and trends and what they...more

Latham & Watkins LLP

5 Key Takeaways From the CFIUS 2023 Annual Report

Latham & Watkins LLP on

The report shows a decline in filings, new mitigation measures and conditions, and continued emphasis on monitoring and enforcement. On July 23, 2024, the Committee on Foreign Investment in the United States (CFIUS)...more

White & Case LLP

UK FDI: Strategic streamlining but sectoral spread - the UK Government confirms its plans for NSIA reform

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In April 2024, the UK Government published its response to the Cabinet Office's 'call for evidence' on the National Security and Investment Act 2021. The call for evidence was an invitation to submit views on how the NSIA...more

McDermott Will & Schulte

Private Markets Update - 2023

Welcome to the inaugural Private Markets Update, which highlights developments in the European private markets, covering the issues that matter to investors in alternative assets. Touching on themes as diverse as predictions...more

Morrison & Foerster LLP

Q1 2023 Update on the UK’s Investment Screening Regime

As the UK’s investment screening regime starts to bed down following over a year of being in effect, we have been tracking the developments in the last quarter relevant to the operation of the regime. It has been a tumultuous...more

White & Case LLP

Foreign direct investment reviews 2023: A global perspective

White & Case LLP on

Now in its seventh year of annual publication, White & Case's Foreign Direct Investment Reviews provides a comprehensive look into rapidly evolving foreign direct investment (FDI) laws and regulations in approximately 40...more

White & Case LLP

UK FDI Year in Review: a look at the first year of the National Security and Investment Act

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4 January 2023 marked the one-year anniversary of the coming into force of the UK's National Security and Investment Act. We take a look at decisional practice to date and the lessons learned from the regime so far....more

A&O Shearman

The National Security and Investment Act 2021: reflections on the first year

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The UK's National Security and Investment Act 2021 (the NSIA) came fully into force on 4 January 2022, with retrospective effect on certain transactions entered into or completed on or after 12 November 2020. In this article...more

Jones Day

Key Lessons from UK National Security and Investment Regime's First Year

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Since the United Kingdom implemented the National Security and Investment Act in January 2022 ("NSI Regime"), there has been a significant increase in state intervention in, and review of, business transactions in the United...more

White & Case LLP

Germany prohibits sale of two companies to Chinese investors – FDI scrutiny in full swing

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In an unprecedented double-strike, the German government recently blocked two transactions pertaining to Chinese investments in German semiconductor facilities. Just two weeks before, the cabinet had already intervened...more

A&O Shearman

The National Security and Investment Act 2021: A Snapshot of experience so far

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The UK’s new national security screening tool has been in force for over 9 months and its impact on deal making is being felt. Determining whether notification is required can be complex and while the notification process...more

Katten Muchin Rosenman LLP

The UK National Security and Investment Act – Guidance Notes

On 4 January 2022, the UK National Security and Investment Act 2021 (NSI Act) came into full force. As we previously noted, the NSI Act grants the UK government wide new powers to scrutinise and intervene in acquisitions and...more

Alston & Bird

UK Government Publishes First Annual Report on New UK National Security & Investment Regime

Alston & Bird on

The UK’s version of the United States’ Committee for Foreign Investment in the United States went into effect January 2022. Our International Trade & Regulatory Group and London competition team summarise key facts,...more

Wilson Sonsini Goodrich & Rosati

The UK's National Security and Investment Act Now Fully in Force

The United Kingdom's National Security and Investment Act (the NSI Act) is now fully in force. First proposed in 2016, the NSI Act creates a stand-alone regime that authorizes the UK government to consider and address the...more

Dorsey & Whitney LLP

The UK National Security and Investment Act 2021: A New Regime For Acquisition and Investment Transactions: Update

Dorsey & Whitney LLP on

There have been a number of key developments in the evolution of the UK’s national security regime since our e-bulletin earlier this year (UK to Adopt New Powers Over M&A Activity To Protect National Security). First and...more

A&O Shearman

Great Investor Insights: The National Security and Investment Act (NSIA) - a date is set

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The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. This will include a power for the UK...more

Katten Muchin Rosenman LLP

The UK National Security and Investment Act – New Regime Effective on 4 January 2022

The new UK National Security and Investment Act 2021 (NSI Act) received Royal Asset on 29 April 2021 and, at the time, the UK Government indicated that further guidance regarding the scope and the effective date of the NSI...more

Sheppard Mullin Richter & Hampton LLP

CFIUK Comes to Life: The National Security and Investment Act 2021

A new framework for foreign direct investments in the United Kingdom - Takeaways - • The United Kingdom Government has adopted a CFIUS-style National Security and Investment Act (“the Act”). • The new law takes...more

Katten Muchin Rosenman LLP

UK National Security and Investment Law Adopted: New UK Rules for Reviewing Foreign Direct Investment

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...more

BCLP

Act on it - the National Security and Investment Act 2021

BCLP on

The UK’s long-awaited National Security and Investment Act passed into law on 29 April 2021 when it received Royal Assent. Secondary legislation will follow and the regime is expected to be fully in force towards the end of...more

Cooley LLP

Alert: UK National Security and Investment Bill Receives Royal Ascent

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On 29 April 2021, the UK National Security and Investment Bill, which strengthens the UK government’s ability to investigate transactions on grounds of national security, was granted Royal Ascent. This marks the end of the...more

A&O Shearman

National security and investment bill receives royal assent

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On 29 April 2021, the National Security and Investment Act 2021 (the Act) received royal assent. The Act dramatically expands the UK Government’s powers to scrutinise investments. The regime that the Act puts in place has not...more

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