Publication
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
Under the Pension Schemes Act 2021, the legal framework for pensions dashboards is set out. The final regulations are expected to be in force by the end of 2022, and it will then be mandatory for trustees to connect with, and supply information to, pensions dashboards allowing their members to see pension information online.
The Regulator has now published some initial guidance which includes a useful checklist against which trustees and their administrators can assess the progress made in the run-up to their staging (or connection) deadline.
Trustees are urged to begin this process as soon as possible by:
Trustees may also find useful some guidance on dashboard accuracy data published by the Pensions Administration Standards Association. The PLSA’s compact guide sets out how trustees could approach their initial dashboard preparation by confirming member data and identifying any duplications on their system. It also provides a list of both private and public data sources available to trustees.
Although schemes’ staging dates may seem a long way off, the amount of work involved to get dashboard-ready should not be underestimated. Trustees should approach their scheme administrator sooner rather than later to get this ball in motion.
Publication
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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