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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 | November 5, 2021
Federal OSHA published today in the Federal Register its "Emergency Temporary Standard (ETS) to protect more than 84 million workers from the spread of the coronavirus." We provide here the OSHA FAQs documents highlighting the critical provisions and requirements of the ETS.
The ETS compels covered employers to develop and enforce a mandatory COVID vaccination policy unless they adopt a policy requiring employees to choose either vaccination or weekly COVID testing and masking at work.
The ETS covers employers with 100 or more employees – firm- or company-wide – and provides options for compliance. It also requires employers to provide paid time to workers to get vaccinated and paid leave to recover from side effects.
Moreover, the ETS requires employers to:
The ETS does not require employers to pay for testing or face coverings, although employers may be required to pay for testing to comply with other laws, regulations or collective bargaining agreements.
OSHA is offering compliance assistance to implement the standard.
Employers must comply with most ETS requirements within 30 days of today's publication, and within 60 days for testing requirements.
We will report separately on the numerous constitutional and other legal challenges being filed by the multiple states' Attorneys General and business organizations to invalidate the ETS.
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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 private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
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