Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
United Kingdom | Publication | March 2024
On March 4, 2024, ahead of the Budget, Chancellor Jeremy Hunt announced pension fund reforms as another step in the Government’s plan to boost British business and increase returns for savers. The reforms include:
The Regulator and the FCA will have a full range of intervention powers.
The plans, which do not affect DB schemes, build on the “Mansion House Reforms” that encouraged pension funds to invest at least 5 per cent of their assets in unlisted equity. However, it is unclear how the “Britishness” of assets would be defined for these purposes.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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