But the UK government has made it clear that it wants Arm to be listed on the London stock exchange, and recent reports claimed that it is considering using national security laws to force the issue with SoftBank. This would mean applying the National Security and Investment Act (NSIA), which came into force at the start of the year, in a bid to have SoftBank change its mind over listing Arm exclusively on the Nasdaq. The legislation gives UK ministers the power to halt mergers and acquisitions if they deem this necessary.