A consultation paper on national security and investment
published by the UK government advocates extensive changes to
current provisions regarding foreign investment in UK businesses.
In essence, the proposed changes would allow the government to stop
proposed deals where "hostile actors" might use ownership
of, or influence over, businesses and assets to harm the United
Kingdom. The paper stresses that the proposed changes are for
national security reasons only, and that the United Kingdom will
continue to encourage investment activity from around the
world.
This Jones Day White Paper explains the proposal
in appropriate context and provides answers to several Key
Questions.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.