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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United Kingdom | Publication | July 2022
There is also an actions checklist included in the Appendix at p.28 which trustees should find useful.
The PLSA has also published guidance on the Regulator’s draft single code of practice and the requirement for schemes to prepare an own risk assessment (ORA). Our July 2022 briefing looked in detail at the requirement for schemes to put in place an effective system of governance (ESOG). A future briefing will take an in-depth look at the ORA requirement.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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