01Dec
UK outlines its plans for wide-ranging new investment review powers
The UK has published a draft of its new National Security and Investment Bill, together with explanatory notes, heralding the introduction of a new regime for reviewing investments in the UK. The new regime would introduce, for the first time, a mandatory pre-screening mechanism for deals involving investments in sensitive sectors. This new regime represents a substantial expansion of the existing investment review mechanism in the UK in terms of both its scope and its powers, and is likely to...
By:
White & Case LLP
Source Url: https://www.jdsupra.com/legalnews/uk-outlines-its-plans-for-wide-ranging-98612/
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