GovWire

Notice: Operation of the National Security and Investment Act 2021: memorandum of understanding between BEIS and the CMA

Cabinet Office

February 6
11:19 2024

Details

This Memorandum of Understanding (MoU) establishes a framework for cooperation, coordination and information sharing in the operation of the National Security and Investment Act (NSIA) between the CMA and BEIS.

The MoU sets out the legal framework and broad principles for collaboration on:

  • the timing of investigations
  • interim measures
  • remedies
  • the sharing of relevant information between the parties

The shared aims of this MoU are to enable closer working between the parties to assist them in effectively discharging their respective regulatory functions.

Published 16 June 2022
Last updated 6 February 2024 +show all updates
  1. Updated the contact email address for investment screening

  2. First published.

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