Publication
Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
United Kingdom | Publication | December 2023
On December 7, 2023, the Regulator published the text of a speech recently given by its chief executive, Nausicaa Delfas, to the UK Finance Corporate Finance Committee dinner.
Ms Delfas highlighted that the Regulator’s anti-avoidance powers have been enhanced through the new criminal sanctions enacted under the Pension Schemes Act 2021. In relation to industry concerns about the scope of the criminal sanctions, she referred to the Regulator's published policy on their use, which she said means that the Regulator will only consider using them "in the most egregious cases".
Overall, Ms Delfas outlined three "takeaways" for corporates engaged in M&A activity.
Ms Delfas noted the government's intention to extend the notifiable events regime to include a new requirement for a declaration of intent to be submitted to the Regulator and trustees. The government will apparently bring forward the long-awaited final regulations “in due course".
Publication
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
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.
Publication
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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