Corporate Crime analysis: The national security screening system under the National Security and Investment Act 2021 (NSIA 2021) is more than six months old, so there is now greater clarity about how the system works, particularly now that the Secretary of State (SoS) has blocked a transaction. Here are some of the key practical points, based on recent Department of Business, Energy and Industrial Strategy (BEIS) decisions, guidance and events and our experience of advising on NSIA 2021. Adrian Magnus, Michael Dean, Christopher Graf and Rebecca Owen-Jones of Dentons LLP co-author this analysis.
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