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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United States | Publication | July 23, 2021
On July 22, 2021, the acting assistant secretary for the United States Department of Labor’s Occupational Health and Safety Administration (OSHA) James Frederick, issued an editorial promoting two sources of grant monies available to employers, unions and other organizations to address infectious disease workplace safety and training.
The first available funding is US$10 million in the American Rescue Plan Act of 2021, entitled “Workplace Safety and Health Training on Infectious Diseases, including the Coronavirus” grants. The deadline to apply is July 26, 2021. Applicants must develop training programs that emphasize:
The second available funding is US$11,787,000 through the Susan Harwood Training Grant Program. Applicants can petition through three different grant programs: Targeted Topic Training, Training and Education Materials Development and Capacity Building. Each is explained in the editorial. The deadline to apply is August 23, 2021.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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On February 2, 2024, the Belgian Presidency of the Council of the European Union confirmed that the Committee of Permanent Representatives had signed the Artificial Intelligence (AI) Regulation, referred to as the AI Act. Approval by the EU Parliament followed on 13 March 2024, and the AI Act is likely to appear in the EU’s Official Journal around May 2024. The AI Act aims to establish a stringent legal framework governing the development, marketing, and utilisation of artificial intelligence within the region, thereby marking a significant advancement in the regulation of this burgeoning domain.
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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.
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