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Ireland
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
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Canada | Publication | May 7, 2020 - 11 AM ET
The Alberta Energy Regulator (AER) recently provided important clarification on two ministerial orders that suspended a number of reporting requirements applicable to the oil and gas industry. Updates on Alberta Energy ministerial order 219/2020 and Alberta Environment and Parks (AEP) ministerial order 17/2020 can be found here and here, respectively.
The AER confirmed that despite the temporary suspension of various reporting requirements under regulatory approvals issued under the Environmental Protection and Enhancement Act, the Water Act and the Public Lands Act, the following reporting requirements continue to apply to operations regulated by the AER:
Alberta Energy ministerial order 219/2020 temporarily suspended various requirements under the Oil and Gas Conservation Act to the extent necessary to comply with applicable Public Health Act orders. The AER has clarified that the following AER requirements are temporarily suspended:
Industry must continue to record and retain complete documentation and make such documentation available to the AER upon request.
It is important to note the above AER clarifications apply only to AER regulatory requirements. Environmental permits and reporting requirements administered by AEP are not affected.
Publication
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Publication
The EU Foreign Subsidies Regulation, or FSR, is intended to prevent or remedy distortions of the EU internal market caused by “foreign” – meaning non-EU – subsidies benefitting companies active in the EU.
Publication
The conventional wisdom is that ‘securitisation caused the great financial crisis’ (GFC). A further piece of conventional wisdom is that this was due to the misalignment of incentives between securitisation originators and securitisation investors . This conventional wisdom in turn drove much of the regulation of securitisation we now have.
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