In brief On 22 July 2025, the UK Cabinet Office made three major announcements relating to the National Security and Investment Act (“NSI Act”), which embodies the UK’s foreign direct investment (“FDI”) screening process. Firstly, the UK Government confirmed its intention to create exemptions to the NSI Act regime for certain types of internal reorganisations. Secondly, it launched a planned consultation on a raft of proposed changes to the notifiable sectors, including the introduction of…
- The European Court of Justice clarifies that national FDI regimes must respect the EU fundamental right of establishment
- United Kingdom: Government announces significant updates to the UK Foreign Investment Screening Regime
- UK government outlines plans to amend NSIA mandatory notification sector definitions
- EU: European Parliament adopts proposal to harmonise and expand foreign investment screening processes across all EU Member States
- Canada: Guarding the North – Updated Guidelines on the National Security Review of Investments Amid U.S.-Canada Trade War
- US Government Issues “America First Investment Policy” Memorandum
- Canada: Key Insights and Outlook—Foreign Investment 2024 Year in Review
- Canada: Investment Canada Act Financial Thresholds for Review Confirmed for 2025
- UK Foreign Investment Review – Government publishes annual report on operation of National Security and Investment Act for 2023/2024
Recent
In brief On 23 June 2025, the UK government published its Modern Industrial Strategy paper (the “Strategy Paper”).…
On 8 May 2025, the European Parliament adopted an amended proposal to revise the EU Foreign Direct Investment Regulation (Regulation (EU) 2019/452) (the “FDI Regulation”), amending the proposal originally published by the EU Commission and significantly deviating from it in certain important areas. The FDI Regulation revisions will bring into force significant changes to the foreign investment screening landscape across all Member States. It will be essential for investors to seek regulatory advice early in the planning stages of a transaction involving one or more EU Member States in order to formulate a robust FDI regulatory strategy.
In brief Following weeks of tariff threats from the U.S. and the imposition of retaliatory Canadian tit-for-tat tariffs…
On February 21, 2025, the US government issued the “America First Investment Policy” memorandum and accompanying fact sheet…
In brief 2024 brought many changes and developments to foreign investment law in Canada. The Canadian government introduced…
In brief The Government of Canada has published the 2025 financial thresholds for pre-closing, “net benefit” review and…