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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).
Regulator publishes private markets guidance for schemes
United Kingdom | Publication | January 2024
On January 24, 2024, the Regulator published new guidance for trustees of schemes investing in private markets. The guidance follows on from the Mansion House reforms and makes clear that with the right advice and effective governance, such assets can play a valuable part in a diversified portfolio that aims to improve and protect saver benefits.
The Regulator expects trustees to act in the best interests of savers and that means properly considering the full range of investment options. The guidance calls on trustees to ensure they have an appropriate level of knowledge and understanding to be able to work with their advisers to fully consider how accessing private market assets may meet their needs. This includes setting objectives for their investment advisers relating to private market investment advice and improving outcomes for members.
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Recent publications
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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.
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UK Supreme Court provides clarification on charterers’ liability limit under the 1976 Limitation Convention
On 9 April 2025, in MSC Mediterranean Shipping Company SA v Conti 11 Container Schiffahrts-GmbH & Co KG MS “MSC Flaminia”, the UK Supreme Court held that a charterer can in principle limit its liability under the 1976 Limitation Convention (the Convention) for a claim brought by the owner.
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