Publication
Keeping your dawn raid guidance current
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
United Kingdom | Publication | November 2023
On October 25, 2023, the Regulator published a transcript of a recent speech delivered by its chief executive, Nausicaa Delfas, at the Mansion House Pensions Summit, setting out the Regulator’s expectations, largely in relation to investment.
Ms Delfas said the Regulator would like to see "fewer, larger, well-run schemes that facilitate investment in a diverse range of assets". To achieve this, the Regulator expects all schemes to adopt sophisticated investment governance practices. Those lacking the scale or expertise, it says, should consolidate.
The Regulator intends to focus on three areas.
Publication
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
Publication
The EU Foreign Subsidies Regulation, or FSR, is intended to prevent or remedy distortions of the EU internal market caused by “foreign” – meaning non-EU – subsidies benefitting companies active in the EU.
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The English High Court has given its judgment in the legal battle between FW Aviation (FWA) and VietJet Aviation Joint Stock Company (VietJet). This case revolved around the enforcement of leasing agreements for four Airbus aircraft and the alleged interference by VietJet in the aircraft’s repossession in Vietnam.
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