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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 | March 2022
The Pensions Regulator has made small changes to its quick guide. These focus on how additional documents can be attached and referred to in the chair’s statement.
Trustees preparing a DC chair’s statement will need to check that how they refer to the default statement of investment principles (SIP) and illustrative examples is in line with revised guidance.
Last April the DWP acknowledged (as part of a post implementation review of the regulations governing the chair’s statement) that the requirements for chair’s statements needed to be looked at again. The statements are typically too long, complicated and costly to produce. However, until it produces a simplified framework, trustees must continue to ensure they are meeting the current expectations.
Publication
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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