In our latest client alert, we provide a practical overview of the UK’s recently published National Security and Investment Bill, which forms part of a new regime that greatly extends the government’s power to intervene in takeovers of UK businesses if there is a threat to national security.

In addition to proving background on this latest move, we address the following areas which may be of particular interest:

  • Mandatory notification
  • Qualifying entities and assets
  • Voluntary notification
  • Trigger events
  • The Secretary of State’s “call-in” power
  • The call-in power is retrospective
  • Investment Security Unit
  • Penalties and remedies
  • Merger thresholds and the CMA.

Access the full piece here.