Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Authors:
Global | Publication | October 2022
As businesses focus on technological transformation, rapid regulatory change, data complexity and unforeseen crises, among many other areas, compliance rules are constantly evolving to keep pace with change.
In this second issue of our Compliance Quarterly, we continue to inform our clients about the global and local compliance rules and regulations which impact Turkish businesses. We highlight legal developments taking place in Turkey and in major jurisdictions where Turkish entities operate, including the US, EMEA and China, drawing on the knowledge of lawyers in the Norton Rose Fulbright offices around the world.
Our readers will once again find useful information on a range of areas, including data governance and cyber security; environmental, social and governance; health regulations and employment; competition and antitrust; capital markets and numerous others.
We hope that you find the information in this second issue of the Compliance Quarterly useful for your business and please contact us with any questions you may have about the topics covered in this issue.
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 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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