This includes the principal sectors of opportunity for foreign investors, the grants and incentives available, the financial sector and the laws and business regulations that affect foreign investors. In its World Investment Report 2013, the United Nations Conference on Trade and Development (UNCTAD) reconfirmed the UK as the largest recipient of foreign direct investment stock in Europe. The Ernst & Young European Attractiveness Survey 2014 found that the UK is the most attractive location for investors in Europe and ranks fifth globally after China, the US, India and Brazil in foreign investors' expectations over the next three years. This reflects its enterprise culture, business-friendly employment laws, world-class support services and relatively benign fiscal policies. Topics covered include: Grants and incentives, Company formation, Financial reporting, Business taxation, The Financial Services Organisation, Local Enterprise Partnerships, Commercial law, Intellectual property, Immigration, Pensions and benefits, Mergers and acquisitions, Joint ventures, The AIM market of the London Stock Exchange.