United Kingdom

United Kingdom

Publishes new guidance on its National Security and Investment Act

27 Apr 2023

On 27 April 2023, the Government of the United Kingdom published new Market Guidance on the National Security and Investment Act 2021. The latest guidance provides more detailed information on various aspects of the National Security and Investment assessment process, such as the stages involved, when to notify, and the steps that companies in financial difficulty can take when notifying deals. Additionally, it includes practical guidance on completing the notification forms and the different stages of the process. The updated guidance aims to enhance the transparency and comprehensibility of the National Security and Investment regime.