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 | June 2025
The Regulator has published new guidance for trustees and employers of DB and hybrid schemes, which covers running on the scheme and an overview of arrangements for improving financial outcomes, scheme governance and member security.
The guidance also highlights the key characteristics of these arrangements and issues for consideration when assessing if they are right for a scheme. The Regulator says that some of these options may form part of endgame planning and has provided case studies to aid decision-making.
Commenting on the guidance in a blog, the Regulator’s Interim Director of Policy and Public Affairs, Patrick Coyne, said: “Ongoing market innovation has led to a wider range of financial, governance, and insurance options. Each have their own pros and cons. Not every option will be right, or even available, for every scheme. Trustees need to really think about the specific circumstances of their scheme and their members.”
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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