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 | October 2023
The Bank of England has begun the design process in a “journey of 1000 miles” in developing a new lending tool for non-bank financial institutions including pension schemes. This is part of a plan announced in a recent speech to tackle systemic risks, such as those seen in September 2022 in schemes using LDI funds. Although resilience has improved over recent months in schemes using LDI, the Bank’s view is that “safeguarding financial stability requires an effective public backstop”. It intends to work with schemes and the Regulator in development of the new lending tool, although the project is seen as long-term.
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.
Publication
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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