What are the implications of the new NSI Act regime and the Government’s “public health emergencies” powers for healthcare and life sciences transactions? On 4 January 2022, the new UK foreign investment review regime under the National Security and Investment Act 2021 (“NSI Act”, available here) came into force. The new rules require businesses and investors to submit mandatory notifications for certain acquisitions of, and investments in, companies active in 17 key sectors of the economy.…

Since the end of the Brexit transition period on 31 December 2020, there has been significant uncertainty regarding the practical application of the UK’s international commitments (in particular, under the EU-UK Trade and Cooperation Agreement) on subsidy control. However, on 30 June 2021, the Government outlined its main legislative proposals for a new UK subsidy control regime. It introduced its long-awaited Subsidy Control Bill (the Bill) to Parliament, published a number of policy papers and…