Since our last edition, our corporate and advisory work has continued to be impacted by the acceleration of the economic crisis. With the focus now on economic growth, we consider the key pieces of legislation affecting our work through that lens. The National Security and Investment Act has been described by the Government as a measure designed "to maximise foreign direct investment to the UK's economic growth while minimising the potential risk to national security". In this edition, we consider the Department for Business, Energy and Industrial Strategy's recently published market guidance notes, which provide helpful clarification on various aspects of the regime. Since July, corporate transparency reforms, intended in part to create a trusted business environment that promotes economic growth, have continued. The Economic Crime and Corporate Transparency Bill, introduced to Parliament on 22 September 2022, includes amendments to the expected prohibition on corporate directors, along with many other company law reforms which we will be tracking over the next few weeks as they progress through Parliament. The new Bill follows the launch of the UK's new register of overseas entities holding UK property on 1 August.
On the theme of sustainability, our podcast interview with Rupa Ganguli, CEO and Founder of Inclusive Trade discusses the main hurdles in sustainable shopping and how to put an end to greenwashing. In the realm of digital assets, we consider the use of NFTs in corporate transactions and recap on recent case law on the service of proceedings via NFT. Finally, in the context of our recent M&A deals, we outline some of the recent trends in W&I insurance in a challenging market.