UK Government calls for input on national security and investment regime
The government will use this call for evidence to consider changes to the national security and investment regime (NSI) so it can be more business friendly.
The NSI Act 2021 is an economic security tool, enabling the government to scrutinise and intervene in acquisitions that could harm the UK’s national security.
The UK Government is looking for views from cross-economy stakeholders both in the UK and overseas to:
- Hone the scope of the system’s mandatory notification requirements
- Improve NSI notification and assessment processes
- Develop the government’s public guidance and communications on how the NSI Act works and where the government tends to see risk arising.
The call for evidence period began on 13 November and will run until 15 January 2024.