The UK Government recently announced that the National Security and Investment Act (NSIA) will take effect from 4 January 2022 and published four new guidance papers as well as updated its draft of sector definitions for the mandatory notification regime under the NSIA.
To help investors and businesses while the new regime becomes clearer, we have prepared a Q&A sheet with key information about the NSIA. Please click here to view it.
If you would like to know more about the NSIA and its passing through parliament, please click here for another article, which provides further background.
“The NSIA will provide for a hybrid regime with (i) a mandatory regime for the 17 most sensitive economic sectors and (ii) a voluntary regime for other areas of the economy. In this document, we provide answers to some of the most frequently asked questions that are key for investors and businesses.”