The U.K. government has published proposals to strengthen its powers to review, and potentially block or unwind, investments on national security grounds. The impacts for infrastructure assets and projects can be significant. What should investors and investment managers know about this process and how to manage it going forward? i3 senior editor Drew Campbell, asked Jenine Hulsmann, partner, Clifford Chance, about the firm’s recent report — U.K. reviews national security impact of foreign investment.

What are the United Kingdom’s plans for this policy?

In October, the Business and Energy Secretary, Greg Clark, announced proposals to enable the U.K. government to intervene in mergers that raise national security concerns, even when they involve smaller businesses. Short-term proposals include amending the thresholds of the existing public interest regime to catch