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The UK's National Security and Investments Act ("NSIA") came into force today, granting the UK Government, through the Department for Business, Energy & Industrial Strategy ("BEIS"), the power to review transactions that may give rise to a national security risk.

On 4 January 2022, after approximately four years from the UK government's first attempt to reform the UK national security screening regime, the National Security and Investment Act 2021 became operational.