Publication
Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
United Kingdom | Publication | December 2023
On November 24, 2023, the Regulator published a blog Change is coming – we must grasp this opportunity in savers’ interests in which Nausicaa Delfas wrote that pensions are at a moment of significant change, and that the industry is on a journey towards fewer, larger, well-run pension schemes. She believes that this will help to deliver better outcomes for savers.
In a second blog Developments in the defined benefit alternative arrangements market, published on November 27, 2023, the Regulator urged DB scheme trustees considering a “capital backed journey plan” to engage with it sooner rather than later, following “significant activity” in this area. In the blog, Mike Birch, the Regulator’s Director of Supervision, says that such customised plans may be a good option for some schemes and the Regulator is keen to engage with the market on these arrangements.
The blog states that some elements of the Regulator’s DB superfund guidance will be relevant and further guidance will be published in the new year “to help trustees (and employers) navigate alternative arrangements and highlight factors that may be relevant to trustees’ consideration of these offerings”.
Publication
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
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.
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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