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Notice

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

Memorandum of Understanding between the Department for Business Energy and Industrial Strategy and the Competition and Markets Authority on the operation of the National Security and Investment Act 2021.

Updates to this page

From:
Cabinet Office and Department for Business, Energy & Industrial Strategy
Published:
16 June 2022
Last updated:
6 February 2024
Show all updates

  1. Updated the contact email address for investment screening

  2. First published.

This publication was withdrawn on

This page has been withdrawn. The Memorandum of Understanding (MoU) between the Department for Business, Energy and Industrial Strategy (BEIS) and the CMA has been superseded by an updated MoU between the Cabinet Office and the CMA, following the transfer of the Investment Security Unit (ISU) from BEIS to the Cabinet Office in February 2023.

Documents

MoU between BEIS and the CMA on the operation of the National Security and Investment Act 2021

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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.

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