On January 1, 2021, the U.S. federal Congress overrode then President Trump’s veto of the National Defense Authorization Act (the “NDAA”), effectively adopting the Anti-Money Laundering Act of 2020 and the Corporate Transparecy Act (together, the “Act”) incorporated within it. While the NDAA is very long, among many other things, the Act provides, largely by… Read more »
Monthly Archives: May 2021
UK Requires Certain Sensitive Transactions to Be Filed For Approval
On April 29, 2021, the United Kingdom adopted the National Security and Investment Act 2021 (the “Act”). The Act will be effective once new rules are adopted, expected at the end of this year. It will require that any acquisition involving a buyer of a target “carrying on” activities in the United Kingdom in certain… Read more »