Publication
Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Global | Publication | December 2020
Financial services regulators have made clear their view that responsibility for the culture of a financial services firm sits at the top; if senior management create the right culture, good regulatory practice and procedures will naturally follow.
Following the 2008 global financial crisis senior management have come under increasing regulatory scrutiny and in some jurisdictions new rules have been implemented to make it easier to make them accountable for their actions. These new rules are particularly pertinent as financial services’ firms navigate their way through the COVID-19 pandemic.
This comparative guide will help you to understand how senior management responsibility in different types of financial services firm (excluding insurers) is being treated in key jurisdictions around the world. The guide can be used to review individual countries and also to create and customise comparative reports between different jurisdictions.
To request access to the senior management guide, please register to join the NRF Institute. Registration indicates acceptance of the terms and conditions which include important information about how our product will be delivered.
Members of the NRF Institute can access a range of premium content including knowledge hubs and cross-border guides.
Once registered, the guide can be found in the 'Cross-border guides'.
Publication
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
Publication
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.
Publication
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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