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Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United Kingdom | Publication | November 2023
On October 26, 2023, the Economic Crime and Corporate Transparency Act received Royal Assent. The Act will be relevant to all companies, including corporate trustees, in terms of ID verification for their directors and persons with significant control, and most individuals who file documents with Companies House. In due course, corporate trustees that have corporate directors will need to review their structure to ensure compliance with the Act.
It is not yet confirmed when the measures will come into force but new secondary legislation and guidance is awaited.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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