Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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Global | Publication | March 2023
Read the full publication, "Healthcare investigations and enforcement trends in the US."
With the amendment of the Regulation on Private Hospitals published in the Official Gazette dated 17 December 2022, a new requirement for site selection is introduced. Accordingly, applicants are required to submit a document showing that the site is in the private health area in the applied zoning plan in accordance with the zoning legislation, or in the area of educational facilities where a health facility can be built. This requirement will not apply to applications that have applied for a preliminary permit but have not yet been finalized or are under review.
With the amendment the operation of a part of the hospital shall be temporarily suspended if (i) a deficiency is detected in any unit or part of the hospital that adversely affect the treatment of patients, until the deficiency is eliminated, (ii) situations that may adversely affect the health of the society or health service recipients arise until such deficiencies or situations are eliminated. Furthermore, provision resulting in temporary suspension of the entire hospital in the event of situations that may adversely affect the treatment of health service users is removed.
Finally, in case of a violation of patient rights, the activities of the relevant unit committing such violation shall be temporarily suspended by the Governorship upon the decision of the Ministry until appropriate conditions are provided, so as not to disrupt the diagnosis and treatment process of patients outside the unit and administrative and judicial proceedings shall be initiated against those concerned in accordance with the relevant legislation.
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.
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