Matt Cunningham, Head of Corporate at Waterfront, recently advised Chris DeBrusk and Amrik Chawla, Joint Heads of North America and minority shareholders in the Rule Financial Group. Rule Financial Group is a multinational business and IT consultancy, which was recently sold to the GFT Group, a leading German IT services provider for the banking sector in Europe and North America.
Chris and Amrik joined Rule Financial in March 2012 as part of the acquisition by Rule Financial of the Waterline Group where they were founders. Matt also advised them in relation to 2012 acquisition.
Chris DeBrusk said: “Matt is approachable and responsive. His advice was clear and he took the time to make sure we fully understood the legal documents we were being asked to sign up to. I would recommend him without hesitation.”
The National Security and Investment Act 2021 came into force came into force on 4 January 2022 and introduced the first stand-alone regime for screening acquisitions and investments to protect UK national security.
On 19th November 2025, the European Commission announced proposed changes to the AI Act, following their commitment to a “clear, simple, and innovation-friendly implementation of the AI Act.”
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