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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 | November 2022
On November 11, 2022, the Regulator, the FCA and MaPS issued a joint press release warning to pension savers to be on their guard against pension scams, amid concerns that strained household finances could leave savers especially vulnerable.
The three bodies, all members of the Pension Scams Action Group which is a multi-agency taskforce dedicated to keeping savers safe from scams, have expressed concern that fears over the economy, such as recent extreme movements in gilt yields, may prompt savers to make rushed decisions about their finances and pension pots. A spokesperson for the Regulator emphasised that pension schemes are not at risk of collapse, and savers who have seen recent headlines over the economy should access free online advice services such as the Government’s MoneyHelper and the FCA's ScamSmart sites.
Scam warnings are likely to be repeated frequently as the cost of living crisis bites and savers are tempted by fraudsters to access their pension funds.
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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