Industrial Policy & Trade Monitor· 2667 actions· ✨ 89 recent

On June 8, 2026, the US Department of Defense published its annual update to the Section 1260H Chinese Military Companies (CMIC) list, adding 65 entities (17 new parent companies and 48 subsidiaries), bringing the total to approximately 188–200 designated entities. Major additions span EV and battery manufacturing (BYD, NIO, CATL), consumer internet (Alibaba, Baidu, Tencent), semiconductors (SMIC, YMTC, CXMT), solar (JA Solar, Trina Solar), biotech (BGI Genomics, WuXi AppTec), drones/robotics (DJI, Unitree, RoboSense), and telecoms (TP-Link). Effective June 30, 2026, DoD is prohibited from procuring goods, services, or technology directly from listed entities; effective June 30, 2027, the ban extends to indirect supply-chain procurement through prime contractors and all sub-tiers.

On 12 March 2026 the UK Cabinet Office (Investment Security Unit) published its Government Response to the consultation on reform of the Notifiable Acquisition Regulations (NARs) under the National Security and Investment Act 2021 — the first major substantive overhaul of the NSI mandatory-notification schedules since the regime took effect on 4 January 2022. The reform splits Critical Minerals out of the existing Advanced Materials schedule into a standalone mandatory schedule covering all 34 minerals on the Critical Minerals Intelligence Centre's latest criticality assessment; splits Semiconductors into its own standalone schedule (capturing advanced packaging and specific chip-design processes); creates a brand-new Water sector schedule covering the 17 regional water and sewerage undertakers in England and Wales; refocuses Artificial Intelligence on entities that create or materially modify AI systems (excluding routine end-use); and refines Communications, Critical Suppliers to Government, Data Infrastructure, Energy and Suppliers to Emergency Services to reduce low-risk capture. An implementing Statutory Instrument is expected later in 2026; the existing NARs remain in force until that SI takes effect.

Law No. 4 of 15 January 2026 (Gazzetta Ufficiale n. 15 of 20 January 2026, in force 21 January 2026) converted with amendments Decree-Law No. 175 of 21 November 2025 ("Transizione 5.0"). During parliamentary conversion the Camera dei Deputati inserted a new Article 2-bis that materially expands Italy's Golden Power foreign-investment screening regime (DL 21/2012) into the financial, credit, and insurance sectors — the first explicit statutory inclusion of banking and insurance qualifying-holding transactions inside the Golden Power perimeter. The amendment introduces "national economic and financial security" as a public-order criterion alongside the traditional security and public-order profiles, and conditions exercise of special powers in the financial sector on the prior conclusion of pending European prudential and competition proceedings (ECB / EIOPA / EU Commission).