The National Security and Investment Bill

Stephen Adams, Senior Director, and Max von Thun, Senior Associate, presented a webinar on the UK's National Security and Investment Bill currently making its way through Parliament. The bill contains proposals for a new, far more stringent UK national security investment screening regime that would replace the existing system enshrined in the UK Enterprise Act.

It would apply to both domestic and foreign investment, and unlike the current system would contain no thresholds on turnover or market share, and expand screening beyond companies to assets including intellectual property and land.

While the government is focused on ‘sensitive’ sectors such as nuclear, defence, energy, military/dual-use and critical technologies, any transaction that raises a very broadly defined set of national security concerns will be in scope.