Protecting the Crown Jewels: U.K. National Security & Investment Act to be Enacted in Autumn
By EsqSocial Corporation 17/05/21
While the U.K. has a mature approach to protecting national security overall, the government lacks effective statutory powers in relation to the ownership and control of businesses and other entities that could be used to undermine national security. Successive recent governments have lamented its deficient intervention powers in relation to foreign U.K. takeovers. In 2016, the then May Conservative government publically acknowledged that the intervention mechanisms maintained within the EA 2002...
By: Akin Gump Strauss Hauer & Feld LLP