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Greece
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
Singapore Focus: Transport Sector (Critical Firms) Act 2024
Global | Publication | December 2024
In May 2024, Singapore introduced the Transport Sector (Critical Firms) Bill (“Bill”), which aims to “enhance resilience of essential transport services in Singapore”, including those by sea, to protect against the risk of external parties exerting undue influence over such services. The Bill amends the Maritime and Port Authority of Singapore Act and the essential maritime services are considered to be “port and marine services and facilities, as well as services which support the provision of sea transport”. The Bill will introduce legislative controls on: (i) ownership of key transport service entities, (ii) management appointments and (iii) operations and resourcing. If you would like to find out more about the Bill, please contact us.
Recent publications
Publication
UK Government’s Department for Transport publishes Maritime Decarbonisation Strategy
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy, setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector.
Publication
Privy Council confirms burden of proof regarding duty to achieve best price reasonably obtainable rests with the mortgagor
On 29 May 2025, in Finlayson v Caterpillar Financial Services Corp [2025] UKPC 24 (The Bahamas), the Judicial Committee of the Privy Council of the United Kingdom (the Privy Council) heard the appeal of Mr Garet O Finlayson and Mr Mark Finlayson (the Appellants) following the Supreme Court of the Bahamas and the Court of Appeal of the Bahamas finding in favour of the respondent, Caterpillar Financial Services Corporation (the Respondent).
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