United Kingdom: Adoption of UK National Security and Investment Bill introducing notification and pre-clearance for foreign direct investment in data infrastructure and AI
Description
Adoption of UK National Security and Investment Bill introducing notification and pre-clearance for foreign direct investment in data infrastructure and AI
On 28 April 2021, the UK Parliament adopts the National Security & Investment Law, which introduces mandatory notification obligations for foreign investments in 17 areas, including data infrastructure and Artificial Intelligence. Transactions subje…
Scope
Policy Area
Foreign direct investment
Policy Instrument
MNE: Entry and ownership rule
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2020-11-11
under deliberation
2021-04-28
adopted
2021-04-29
in grace period