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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 | January 18, 2022
On October 27, OSHA published an “Advance Notice of Proposed Rulemaking for Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings.” OSHA did not have a prior specific hazardous heat conditions standard.
The Advance Notice of Proposed Rulemaking initiated a public comment period to gather stakeholder perspectives and expertise on heat-stress thresholds, heat-acclimatization planning and exposure monitoring. This period ended on December 27.
Heat has been identified consistently as the leading cause of death among weather-related workplace hazards. OSHA previously implemented its nationwide enforcement initiative on heat-related hazards and is now forming a National Advisory Committee on Occupational Safety and Health Heat Injury and Illness Prevention Work Group.
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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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