Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | March 2018
Revisions to the National Planning Policy Framework (NPPF) were published for consultation by the Prime Minister and the Secretary of State for Housing and Local Government on 5 March 2018.
The NPPF sets out a national framework for planning policy in England which must be taken into account by local planning authorities (LPAs) when setting local planning policy for their area and when making decisions on whether to grant planning permission.
The primary intention of the draft revised NPPF is to speed up the delivery of housing development in England, with a target of increasing housing supply to deliver 300,000 homes a year by the mid-2020s.
The changes proposed are numerous, although many have been raised and debated previously. Insofar as housing is concerned, amongst other things:
To support the draft NPPF and housing delivery, the government is also undertaking a separate consultation on reforming developer contributions towards affordable housing and infrastructure. It is also considering changes to the Community Infrastructure Levy and the developer contributions required by planning and highway legal agreements.
The deadline for comments on the draft NPPF is 10 May, with the aim of adopting the final amended framework sometime in the summer of 2018.
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.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023