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Arbitration trends in the Middle East: What to expect in 2024 and beyond
The last several years have seen rapid growth in the Middle East.
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
The last several years have seen rapid growth in the Middle East.
Publication
On May 14, 2024, Lena Haffner, Innovation Lead Germany at Norton Rose Fulbright, shared her insights on “How do you make a law firm AI ready?" at Legal Revolution 2024, one of Europe’s leading conferences in legal innovation and technology. Her lecture focused on developing a comprehensive roadmap for integrating AI into law firms, emphasizing the importance of developing a robust AI strategy and fostering an innovation-ready culture. Key topics covered in the lecture included strategic planning, skills development, multidisciplinary teamwork, and strong AI governance.
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