Invitation - The UK's New NSI Act: Business Roundtable with BEIS Minister Lord Callanan

The UK's New NSI Act: Business Roundtable with BEIS Minister Lord Callanan

The United Kingdom’s new National Security and Investment (NSI) Act 2021 formally commenced on 4th January 2022.

The new regime, which will have significant implications for businesses operating and investing in the UK, introduces new powers for the government to investigate and intervene in investments and acquisitions involving entities based in, or linked to, the UK where they could harm the UK’s national security.

The NSI Act has been described by Lord Callanan, the minister responsible for the operation of the scheme, as “the biggest shake up of the UK’s national security investment screening powers for 20 years”. “Our economy”, the minister added, “has changed greatly over the last 20 years, and these reforms are about modernising our existing powers... not stifling investment [in the UK], but adapting to new threats and giving businesses and investors a clear and predictable screening process so that they can plan with confidence”.

In order to discuss the Act, its implications for business and to review its progress after its first month in effect, FTI Consulting invites you to a digital round-table event with Lord Callanan on 8th February from 4:00pm - 5:00pm.

Lord Callanan will share his observations about the new NSI regime and how business should best engage with government when issues of concern arise, before taking questions from the audience.

If you have any questions about this event, please reach out to lucy.stocks@fticonsulting.com.

Date: Tuesday 8th February 2022

Time: 4:00pm - 5:00pm GMT

Platform: Zoom

Lord Callanan

Minister for Business, Energy and Corporate Responsibility

Lord Callanan has been Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy since February 2020. In this role, he has responsibility for the new National Security and Investment regime, the government’s corporate governance and responsibility policy and issues relating to company law and better regulation. Prior to this, he was Minister of State at the Department for Exiting the European Union. He served as a Member of the European Parliament for the North East of England from 1999 to 2004 and was leader of the pan-national European Conservatives and Reformists group from 2011 to 2014.

Daniel Hamilton

Managing Director, FTI Consulting UK Public Affairs

Daniel Hamilton is a Managing Director at FTI Consulting and is based in London. He has fifteen years of experience in providing political and communications counsel, having worked across consultancies, think tanks and as a political advisor. An expert in international government relations and communications campaigns, he advises clients on public affairs and strategy challenges across a number of fields including defence, energy, consumer industries, technology and financial services.

Experts with Impact

FTI Consulting is an independent global business advisory firm dedicated to helping organisations manage change, mitigate risk and resolve disputes: financial, legal, operational, political & regulatory, reputational and transactional. FTI Consulting professionals, located in all major business centres throughout the world, work closely with clients to anticipate, illuminate and overcome complex business challenges and opportunities. For more information, visit https://www.fticonsulting.com/emea.