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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 | June 2022
On June 17, 2022, the US Department of Labor announced US$11.7 million in Susan Harwood Training Grants to assist employers and workers in the identification and elimination of workplace health and safety hazards. The grants are administered by federal Occupational Safety and Health Administration (OSHA) and are available to traditional employers, community-based, faith-based and grassroots organizations, employer associations, labor unions, joint labor/management associations, Indian tribes and public/state college and university systems.
Targeted Topic Training, including educational programs requiring applicants to conduct training on OSHA-designated workplace hazards
Training and Educational Materials Development for classroom-quality materials that identify and prevent workplace hazards
Capacity Building, permitting employers to assess needs and formulate plans to develop full-scale safety and health education programs
Applicants must register no later than August 1, 2022 at www.grants.gov and the System of Award Management.
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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 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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