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BEIS starts to bite—a look at the first NSIA prohibition and BEIS' new NSIA guidance

Published on: 17 August 2022

Table of contents

  • Prohibition
  • Lessons Learned
  • The Prohibition in Context
  • Dedicated higher education institution advice and guidance
  • New NSIA Guidance
  • New Guidance on new build downstream gas and electricity assets
  • New Market Guidance Notes
  • Notifying multiple acquisitions
  • Temporary acquisition of control: liquidators and other insolvency measures
  • Internal corporate reorganisations
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Article summary

Corporate Crime analysis: On 20 July 2022, the Secretary of State for Business, Energy and Industrial Strategy issued the first prohibition under the National Security and Investment Act 2021 (NSIA 2021). Marc Israel and Kate Kelliher of White and Case LLP consider the lessons learned from this milestone and BEIS' new guidance on markets and energy transactions.

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