Publication
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 | October 2023
On October 18, 2023, the ONS announced that the Consumer Prices Index had risen by 6.7 per cent in the 12 months to September 2023. This is the figure by which SERPS and S2P should rise next April.
Average weekly earnings have risen by 8.5 per cent. If the triple lock continues to apply, the Basic State Pension and the Single Tier State Pension should increase by 8.5 per cent, as it is higher than the CPI figure and 2.5 per cent.
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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