The Law Society of England and Wales has warned that a ‘well-intentioned’ bill aimed at controlling foreign investments that may pose a security risk, could negatively impact legitimate foreign business at a time when businesses are already struggling.

Law Society president, I. Stephanie Boyce, said: “Overall, the Law Society supports the National Security and Investment Bill, its clear intention to control foreign investments that may have national security implications, and the need for safeguards.

“However, as drafted, the bill casts its net too wide across ill-defined territory an...

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