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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).
DC chair’s statement guidance is updated
United Kingdom | Publication | March 2022
The Pensions Regulator has made small changes to its quick guide. These focus on how additional documents can be attached and referred to in the chair’s statement.
Trustees preparing a DC chair’s statement will need to check that how they refer to the default statement of investment principles (SIP) and illustrative examples is in line with revised guidance.
Last April the DWP acknowledged (as part of a post implementation review of the regulations governing the chair’s statement) that the requirements for chair’s statements needed to be looked at again. The statements are typically too long, complicated and costly to produce. However, until it produces a simplified framework, trustees must continue to ensure they are meeting the current expectations.
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