M

Member

Speaking in the House of Lords on 5 June 2025

Debate

National Security Act 2023 (Foreign Activities and Foreign Influence Registration Scheme: Exemptions for Certain Foreign Power Investment Funds, Education, Government Administration and Public Bodies) Regulations 2025

Contribution

We are not trying to put on unnecessary burdens that are difficult and damaging. All exemptions have been carefully crafted by the Government to ensure that we do not provide a loophole for state actors to evade the scheme—that is not our intention. If we have made an assessment that Russia and Iran are threats to the United Kingdom’s national security—which is why we are putting in place these regulations based on the primary legislation—then we are not going to be putting in place loopholes so they can get around those. We are putting in place a scheme that is proportionate and effective.

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