Publication
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).
United Kingdom | Publication | May 2022
The Pensions Regulator has confirmed that it will develop common measurements to allow savers to see which DC schemes offer the best value for money.
Working jointly with the Financial Conduct Authority (FCA), the two regulators will engage with industry and consumer groups in the coming months before publishing a consultation on proposals “towards the end of 2022”.
This statement follows on from a Pensions Regulator and FCA discussion paper in 2021 about how best to measure value for money.
The regulators believe that it is currently hard to compare fees and charges, investment performance and quality of service. They want to achieve consistent data across the pensions industry on investment performance, costs and charges and service standards. The idea is that this greater transparency should improve competition and value.
The Pensions Regulator says that there is clear support across the industry for a consistent approach. However, achieving this will be complex, there are differences of opinion about the best approach and further work is needed on what should be disclosed and how.
For most DC schemes this is likely to mean further disclosure requirements in due course. Trustees should monitor how this initiative develops.
Publication
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).
Publication
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
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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