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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 Kingdom | Publication | May 2022
The Regulator is urging pension schemes to take action now to ensure they are ready for dashboards and promises to take action against non-compliance.
Chief executive Charles Counsell and head of policy David Fairs have appeared at pensions industry conferences in recent weeks to warn that the “clock is ticking” on pensions dashboards and to recommend preparatory steps. Schemes of all sizes and types should:
Recognising the complexities of the dashboard proposals, Mr Counsell and Mr Fairs have said that the Regulator will be “supportive and pragmatic”. But they have also warned that the Regulator will “be assertive if we see intentional non-compliance”.
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Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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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