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Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
United Kingdom | Publication | July 2024
On July 1, 2024, the Financial Conduct Authority updated its webpage on its sustainability disclosure requirements and investment labelling regime. This is relevant to all FCA-regulated firms and pension arrangements using or wanting to apply a label under the regime.
The FCA has introduced rules and guidance to help consumers navigate the market for sustainable investment products. These are:
Labels can be displayed from July 31, 2024, provided that the fund meets the requirements. The webpage includes a new section on how firms can notify the FCA about their use of an investment label for a fund. It also provides information on how to apply to make associated changes to a fund's name, investment objectives or policy.
Firms must notify the FCA when using an investment label through the form on its online notification and applications system. Although the FCA does not actually approve labels, firms are required to notify it when they use, revise or stop using a label.
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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