Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | September 2018
The Deregulation Act 2015 introduced additional restrictions on landlords of assured shorthold tenancies (ASTs) granted in England on or after October 1, 2015. These relate to the service of notices to terminate an AST using the “no fault” procedures in s.21 Housing Act 1988 (s.21 notice). There was a limited reprieve for ASTs granted before then, but that is about to come to an end.
From (and including) October 1, 2018, the following will also apply to ASTs granted before October 1, 2015
Landlords of ASTs granted on or after 1 October 2015 are also not permitted to serve a s.21 notice if they have not provided the tenant with an Energy Performance Certificate and a Gas Safety Certificate. It is not clear whether this requirement also applies to ASTs granted before then: it is to be hoped that further regulations or official guidance will clarify the position.
Stop press: In our July Focus we reported on a government consultation seeking views on a compulsory 3-year fixed term for ASTs. Recent press reports suggest that these proposals may now be scrapped – watch this space!
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
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