On March 8, 2023, the UK security minister, Rt Hon Tom Tugendhat MP, wrote a letter to ISDA CEO Scott O’Malia to confirm that the UK government has tabled amendments to provisions in the UK National Security Bill. The amendments will mean that foreign entities legitimately acting in their own private interests will no longer be required to register their own activities. These amendments were passed to the House of Lords on Tuesday March 7, 2023.