UK Adopts New Powers to Investigate Smaller Transactions Raising National Security Concerns

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The expansion of the UK government’s foreign investment review powers will require additional scrutiny of potential deals for the early identification of additional steps in the regulatory approval strategy. The new UK rules are part of a wider global trend, with heightened scrutiny of foreign investment control increasing in a number of other jurisdictions. The UK government may further expand its powers in the longer-term as a result of its ongoing review of its foreign investment control regime.