The New UK Foreign Investment Regime – “The Biggest Shake-up in 20 Years”
The UK's National Security and Investment Act, which enters into full force on 4 January 2022, represents a major overhaul of the UK foreign direct investment (“FDI”) control regime. The Act provides the UK government with wide powers to scrutinise transactions not traditionally subject to heavy FDI scrutiny, ranging from artificial intelligence and data infrastructure to communications and transport, and also establishes a mandatory notification and suspensory review regime.
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VBB on Competition Law, Volume 2022, No. 11