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Europe steps up its fight against fraud
European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
United Kingdom | Publication | June 2023
The Government has recognised “unlocking institutional investment”, particularly DC pension capital, as a long-term ambition and has announced “an ambitious life sciences package to support economic growth”.
It has now published a summary of responses to its March 2023 call for feedback on the Long-term Investment for Technology and Science (LIFTS) initiative, on which it is working with the British Business Bank (BBB). The objectives of the BBB are to unlock UK institutional investment, encourage investment into UK science and technology companies and to stimulate venture capital. In its development of the LIFTS project, the BBB has called for proposals from industry, with announcements of those to be taken forward expected in November 2023. The submission deadline for proposals is July 28, 2023.
The PLSA has also published a paper identifying measures to increase pension fund investment in UK growth.
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European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
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The Digital Markets, Competition and Consumers Act (DMCC Act) received Royal Assent on 24 May 2024 and is generally expected to come into force in autumn this year.
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Head of Legal Operations, Stephanie Hamon, will be joining the panel discussion on "Simplifying Legal Tech Adoption and Implementation" at the Legal Tech Talk conference on June 13th (3:30 - 4:15 PM).
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