header-logo header-logo

The National Investment & Security Act 2021: the story so far

210364
Ludovica Pizzetti examines the latest trends in the UK’s National Investment & Security Act regime
  • The key trends that have emerged in the last year in relation to the enforcement of the National Investment and Security Act 2021, including the nature of sanctions imposed and the sectors most under scrutiny.

January 2025 marked the third anniversary of the UK National Investment and Security Act 2021 (NSIA 2021). In this article, we take stock of the key trends that have emerged particularly in the last year, and we look at anticipated developments for 2025. We also provide a brief overview of the increasing array of US trade and investment regulatory regimes and activities—most notably under the Committee on Foreign Investment in the United States (CFIUS) regime—that may affect deals having nexus to both sides of the Atlantic.

A standard consideration

The potentially far-reaching nature of the regime—with, among others, 17 broadly drafted ‘mandatory’ sectors, a high number of transaction structures potentially falling

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Clarke Willmott—Declan Goodwin & Elinor Owen

Clarke Willmott—Declan Goodwin & Elinor Owen

Corporate and commercial teams in Cardiff boosted by dual partner hire

Hill Dickinson—Joz Coetzer & Marc Naidoo

Hill Dickinson—Joz Coetzer & Marc Naidoo

London hires to lead UK launch of international finance team

Switalskis—11 promotions

Switalskis—11 promotions

Firm marks start of year with firmwide promotions round

NEWS
Property lawyers have given a cautious welcome to the government’s landmark Bill capping ground rents at £250, banning new leasehold properties and making it easier for leaseholders to switch to commonhold
Four Nightingale courts are to be made permanent, as justice ministers continue to grapple with the record-level Crown Court backlog
The judiciary has set itself a trio of objectives and a trio of focus areas for the next five years, in its Judicial Diversity and Inclusion Strategy 2026-2030

The Sentencing Act 2026 received royal assent last week, bringing into law the recommendations of David Gauke’s May 2025 Independent Sentencing Review

Victims of crime are to be given free access to transcripts of Crown Court sentencing remarks, the Ministry of Justice (MoJ) has confirmed
back-to-top-scroll