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With little fanfare, on 29 April 2021, the National Security and Investment Act (the “NSI Act”) was granted Royal Assent following the approval of the National Security and Investment Bill 2020
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The UK economy remains open for business and overseas investment although since November 2020 there are new controls on FDI will need to be navigated as updated in March 2021 as below.
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The arrival of the first criminal prosecution against a bank under Money Laundering Regulations (MLRs) by the UK’s Financial Conduct Authority (FCA) has led to speculation that the FCA is ramping up
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Whilst capital raising using SPACs has been tremendously successful in the US over the last 12-24 months, the UK had until the start of this year experienced significantly less activity both in terms...
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