NSI Act, CMA thresholds, FCA change-of-control, sector regulators.

• IX.1

  Confirm whether the target operates in one of the 17 NSI Act sensitive sectors.[NSI Act 2021]

  Severity A
• IX.2

  If mandatory NSI notification applies, plan for the 30-working-day acceptance period.[NSI Act 2021]

  Severity ABuy-side
• IX.3

  Assess voluntary NSI notification on a non-mandatory acquisition close to a sensitive sector.[NSI Act 2021]

  Severity BBuy-side
• IX.4

  Assess CMA merger jurisdiction: target UK turnover > £70m or 25% share of supply.[CMA]

  Severity A
• IX.5

  Consider CMA pre-notification briefing where jurisdiction is plausible but not clear.

  Severity BBuy-side
• IX.6

  If target is FCA-authorised, confirm Part XII FSMA change-of-control approval window (60 working days).[FCA change-of-control]

  Severity A
• IX.7

  Confirm threshold conditions and any current FCA supervisory action.

  Severity A
• IX.8

  Identify sector regulator notifications (Ofcom, Ofgem, Ofwat, CQC, SRA).

  Severity B
• IX.9

  Confirm CQC registrations and inspection ratings (healthcare).[CQC]

  Severity A
• IX.10

  Review trading licences, environmental permits and renewal status.

  Severity B
• IX.11

  Confirm export-control and sanctions-screening procedures.

  Severity B
• IX.12

  Identify any pending regulatory investigation or undertakings.

  Severity A
• IX.13

  Confirm public-procurement compliance for any framework agreements.

  Severity B
• IX.14

  Review competition-law compliance programme.

  Severity C
• IX.15

  Identify foreign-investment notifications in jurisdictions of operation.

  Severity BBuy-side