On March 15, 2022, the United Kingdom adopted the Economic Crime (Transparency and Enforcement) Act of 2022 (the “Act”). The Act is lengthy (and this summary is qualified by reference to the entire Act) and imposes a sea change in the disclosure of the ownership of foreign property in the United Kingdom. Among other things,… Read more »
Posts Categorized: Investment in the UK
UK National Security and Investment Act 2021
On April 29, 2021, the U.K. adopted the National Security and Investment Act. The United Kingdom has issued draft rules and the law will go into effect on January 4, 2022. The law is and rules are complex, but from that date, acquisitions of 25% or more in a company active in the United Kingdom… Read more »