Hosted jointly by techUK and SC Strategy Ltd, this panel event will share insight into the investment screening regime established under the UK’s National Security and Investment Act 2021 (NS&I Act). Two panel members are also elected members of techUK’s National Security Committee and looking forward to hearing from techUK members on the challenges that are being faced.
After almost two years of the NS&I Act, we have seen an acute impact on defence and national security-relevant technology firms. The areas where the Government perceives there to be security risks, and appropriate responses and mitigation strategies, are becoming increasingly apparent. There are clear implications for technology companies’ growth and investment plans, and key operations like supply chain management.
Key topics covered at this event will include:
- What are the latest developments in the implementation of the NS&I Act? What did the Annual Report 2023 say and what does it mean?
- What are the key Government national security concerns of relevance to the technology industry?
- What are the dynamics of deals? How should companies work with Government to navigate a deal through the act?
- How could companies ensure, up front, they remain NS&I Act-viable, especially if they want to work with Defence & national security in future?
- Will we see more Government openness with business in future?
- How does the UK compare with approaches in other countries?
Chaired by Fred Sugden, Associate Director for Defence and National Security, we will be joined by:
- Dan Spacie, Senior Advisor Defence, National Security and Technology at SC Strategy Ltd - formerly an NS&I Act risk manager at the UK Ministry of Defence.
- Ross Evans, Senior Associate, FDI and National Security at Baker McKenzie LLP, London
- A senior Government representative involved in the NS&I screening process
National Security Programme
techUK's National Security programme aims to lead debate on new and emerging technologies which present opportunities to strengthen UK national security, but also expose vulnerabilities which threaten it. Through a variety of market engagement and policy activities, it assesses the capability of these technologies against various national security threats, developing thought-leadership on topics such as procurement, innovation, diversity and skills.
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