Source · Select Committees · Foreign Affairs Committee
Recommendation 3
3
Acknowledged
Paragraph: 27
It is vital that there is continuous monitoring of the investment and technology landscapes to...
Recommendation
It is vital that there is continuous monitoring of the investment and technology landscapes to catch non-notified transactions, as well as monitoring for changes to board compositions or ownership models, which may not serve the UK’s security interests, after the initial transaction has taken place with Government intervention if necessary. This should be additional to the notification regime established by the NSI Act and will require regular feed-in from multiple departments, including the FCDO, building on the tech ambassador we recommended in our report on the Integrated Review, Brave new Britain
Government response summary AI-generated
The government agrees that regular market monitoring to identify national security concerns should be a key part of the new regime but does not detail specific additional monitoring mechanisms or multi-departmental inputs.
Summary of the government's response below — read the verbatim text to verify.
Paragraph Reference:
27
Government Response
Acknowledged
HM Government · verbatim extract
Acknowledged
We note the Committee’s recommendation, and agree that regular market monitoring to identify deals that may raise national security concerns should and will be a key part of the new regime. The market monitoring function will also help identify wider investment trends, and patterns of behaviour.
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