CFIUK? UK introduces National Security and Investment Bill
11. November 2020
The UK Government has today announced comprehensive and wide-ranging proposed reforms to its powers to scrutinise foreign investment. The long-awaited National Security and Investment Bill will mark a step-change to the Government’s enforcement powers, by introducing a standalone CFIUS-style foreign investment regime for the first time in the UK. The Bill provides for a mandatory notification obligation for sectors perceived to be of highest national security risk, with a voluntary regime for others - similar to the hybrid model adopted by the US, Germany and Australia.