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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 | July 2022
The Michigan Occupational Safety and Health Administration (MIOSHA) recently joined with employers and workers for Trench Safety Stand Down Week.
Excavation and trenching are among the most hazardous jobs in the construction industry. MIOSHA is encouraging employers to talk directly with their workers about hazard recognition and how to implement appropriate safety measures.
The greatest risks associated with these activities are cave-ins, falling loads, standing water, and insufficient atmospheric oxygen.
Nonetheless, this work can be performed safely by observing the three principal ways to protect workers:
Each is addressed in MIOSHA's Excavation, Trenching, and Shoring Construction Safety and Health Standard.
Trench Safety Stand Down Week is conducted annually with encouragement from the National Utility Contractors Association. It is supported by both MIOSHA and federal OSHA. MIOSHA has adopted the national emphasis program on excavation and trenching to help prevent future incidents.
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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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