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Global rules on foreign direct investment (FDI)
Cross-border acquisitions and investments increasingly trigger foreign direct investment (FDI) screening requirements.
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United States | Publication | February 18, 2022
On February 17, 2022, federal OSHA announced its initiative urging healthcare and related industries to take immediate actions to help make 2022 safer for their employees. OSHA noted an almost 250 percent increase in injury and illness incidence rates among healthcare and social assistance workers commencing in 2020, largely attributed to the COVID pandemic, and leading to combined totals greater than any other American industry.
To that end, OSHA continues to work on its final standard to protect healthcare workers from COVID. In the interim, OSHA emphasizes that employers must continue to comply with their obligations under the General Duty Clause, and the Personal Protective Equipment, Respiratory Protection and other relevant standards to protect employees from COVID hazards in the workplace.
Moreover, OSHA states that employers should create and implement proactive safety and health programs that address recognized hazards, training and preventive measures to keep workers safe. Companies are encouraged to utilize local OSHA On-Site Consultation personnel (1-800-321-OSHA (6742) and OSHA's program website) to discuss program development and conduct on-site safety and health evaluations.
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.
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