09
Sep
On 20 July 2021, the Department for Business, Energy & Industrial Strategy ("BEIS") announced that the new screening regime under the National Security and Investment Act 2021 ("NSIA") would officially commence on 4 January 2022. Alongside this announcement, BEIS also published some long-awaited guidance and draft secondary legislation on various aspects of the new regime.
Key points to take away from this briefing:
BEIS have opened a new consultation ("Consultation") relating to its proposed use of its discretionary "call-in" power....