Foreign Takeovers Face New Regulatory Hurdles

Law360, New York (October 25, 2007, 12:00 AM EDT) -- The U.S. government now has even more power to weigh in on foreign acquisitions of U.S. companies, thanks to increased national security concerns – and a new law with a striking acronym: FINSA.

The Foreign Investment and National Security Act of 2007 went into effect on Oct. 24, setting in place a more stringent system for government review of cross-border transactions, especially those involving key U.S. industries, or entities owned or controlled by foreign governments.

It's still unclear exactly how investors will adjust to the government's...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.