National Security & Investment Act: What does it mean for industry? 2022 | techUK | 18 April 2022 | techUK & Online, 10 St Bride St, London EC4A 4AD, UK

The National Security and Investment (NS&I) Act came into force and is the most significant change to the UK's national security landscape for the last 20 years, containing important new requirements for techUK members. Through these new powers the government will be able to impose certain conditions on an acquisition or investment such as unwinding the purchase or blocking the investment if it believes it could harm UK national security.

The Government has not explicitly defined national security so that these new powers can be flexible and reflect the threats the UK faces today.

The new regime requires businesses and investors to notify the Government of certain acquisitions across 17 sensitive areas of the economy. These include Advanced Materials, Advanced Robotics, Artificial Intelligence, Civil Nuclear, Communications, Computing Hardware, Critical Suppliers to Government, Cryptographic Authentication, Data Infrastructure, Defence, Energy, Military and Dual-Use, Quantum Technologies, Satellite and Space Technologies, Suppliers to the Emergency Services, Synthetic Biology and Transport.

This briefing will offer techUK members an insight into what the implications of the new powers are for industry, how to navigate the investment screening regime and the opportunity to hear from lawyers at Baker McKenzie on their thoughts and experiences at their firm since the Act came into force.

2022 Speakers

GUEST SPEAKER:

Ross Evans
Senior Associate - Competition, Trade and Foreign Investment, Baker McKenzie

SPEAKERS:

Fred Sugden
Associate Director, Defence and National Security, techUK

Freddie MacSwiney
Programme Manager - Defence and Cyber, techUK

Raya Tsolova
Programme Manager, National Security, techUK