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Ireland
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
United Kingdom | Publication | March 2024
Compared with recent years, the pensions changes announced in the Budget were relatively minor this year. The Chancellor, Jeremy Hunt, confirmed in his Budget speech on March 6, 2024, that the Government intends to consult on:
The Chancellor also confirmed that the Government remains committed to the triple lock for the State pension. The Budget speech was quiet on the DB pension front, with the biggest announcements made in this sphere in last year’s Autumn Statement. These were a commitment to establishing a public sector consolidator and a reduction in tax on accessed scheme surplus from 35 per cent to 25 per cent with effect from April 6, 2024.
Publication
On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.
Publication
The EU Foreign Subsidies Regulation, or FSR, is intended to prevent or remedy distortions of the EU internal market caused by “foreign” – meaning non-EU – subsidies benefitting companies active in the EU.
Publication
The conventional wisdom is that ‘securitisation caused the great financial crisis’ (GFC). A further piece of conventional wisdom is that this was due to the misalignment of incentives between securitisation originators and securitisation investors . This conventional wisdom in turn drove much of the regulation of securitisation we now have.
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