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Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
United Kingdom | Publication | July 2023
On July 10, 2023, the Chancellor set out in a speech at Mansion House the Government’s intended strategy to boost outcomes for savers and increase funding liquidity for high-growth companies through reforms to the UK’s pension market.
Seeking to make the UK capital markets more attractive, the Chancellor has proposed widespread changes across the pensions system. The measures are intended to enable the financial sector to unlock capital for industries and increase returns for savers, while supporting UK economic growth.
There is also confirmation of a commitment from 9 of the biggest providers in the DC retail and master trust market to earmark 5 per cent of their default fund assets to private equity investments by 2030.
The measures affecting occupational pension schemes include a multitude of new consultations and calls for evidence on a diverse range of topics:
All these consultations run until September 5, 2023.
Several responses on previous consultations are also included:
Together with a report on Analysing the impact of private pension measures on member outcomes.
These new reforms have the potential to introduce wide-ranging changes particularly for the DC sector. We will look in more detail at these proposals in our next briefing later this month.
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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