Regulatoryhttps://www.pinsentmasons.com/shared-content/rss-feed/outlaw-regulatoryOut-Law Regulatoryen-GB60{53E2706F-CE3D-4E0D-A28D-92EC1D15CFBE}https://www.pinsentmasons.com/out-law/news/uk-gov-takes-step-to-improve-food-labelling-consistency?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government takes step to improve food labelling consistencyA recently published UK government consultation is evidence of the government’s commitment to improving food labelling to make it easier for consumers to make informed decisions when purchasing products, an expert has said. Tue, 26 Mar 2024 10:34:03 Z{FC1313F1-52D0-448D-8D49-7B878F8CAC48}https://www.pinsentmasons.com/out-law/guides/ensuring-alcoholic-drinks-promotions-in-scotland-are-responsible?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEnsuring alcoholic drinks promotions in Scotland are ‘responsible’In Scotland, every premises licence is subject to mandatory conditions, included those related to drink promotions.Tue, 26 Mar 2024 10:17:01 Z{A15C1B6E-096B-4A99-A481-AE5AD03A81EE}https://www.pinsentmasons.com/out-law/news/eu-plans-to-simplify-biotech-regulation-outlined?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU plans to simplify biotech regulation outlinedEU policymakers are considering introducing new legislation to help biotech companies bring new products to market faster.Mon, 25 Mar 2024 09:52:14 Z{611111DF-9249-4EE7-A459-F38F31BD2D4B}https://www.pinsentmasons.com/out-law/news/ico-unveils-new-data-protection-fining-guidance?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryICO unveils new data protection fining guidanceThe Information Commissioner’s Office (ICO) has published new guidance setting out how it will determine penalty notices and calculate fines under the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018 (DPA). Fri, 22 Mar 2024 16:05:45 Z{6C27944F-419F-4FEF-8CF0-6C45EE8AE31F}https://www.pinsentmasons.com/out-law/news/irish-central-bank-proposed-changes-consumer-protection-code?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIrish Central Bank issues proposed changes to consumer protection codeRevisions to Ireland’s consumer protection code (CPC) detailed in a recently published Central Bank consultation paper reflect a modernisation of the code and address current regulatory priorities, including protecting consumers from risks posed by digitalisation and scams, an expert has said.Fri, 22 Mar 2024 11:34:57 Z{A71100AA-2160-447E-9AF9-3D4058169C13}https://www.pinsentmasons.com/out-law/news/uk-government-consults-on-reforms-to-money-laundering-regulations?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government consults on reforms to money laundering regulationsThe UK Treasury has opened a consultation on improving money laundering regulations and reducing burdens on legitimate customers.Fri, 22 Mar 2024 11:29:56 Z{8B2D4DD0-B56F-4E6C-A6BF-E9DE1F0DEB1D}https://www.pinsentmasons.com/out-law/news/ireland-offshore-wind-industrial-strategy?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIreland’s offshore wind industrial strategy highlights its sector-leading potentialThe Irish government’s new industrial strategy document for the offshore wind sector recognises Ireland’s significant potential to be a leading European producer of offshore wind energy, while increasing Ireland’s energy security, a renewable energy expert has said.Thu, 21 Mar 2024 17:02:05 Z{C1F3FF7D-097F-49F5-8909-72D70F5007D6}https://www.pinsentmasons.com/out-law/news/fca-publishes-business-plan-reminding-firms-of-focus-areas?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA publishes business plan reminding firms of focus areasThe UK’s Financial Conduct Authority (FCA) has published its business plan for 2024-25, providing an accessible and useful reminder to firms in the financial sector of the FCA’s ongoing regulatory focus areas, an expert has said.Thu, 21 Mar 2024 14:28:51 Z{C2854963-AB17-444F-B6F9-C2E434A34B94}https://www.pinsentmasons.com/out-law/news/uk-pfas-restrictions-debate-over-alternatives-intensifies?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew UK PFAS restrictions closer as debate over alternatives intensifiesManufacturers could face restrictions on using per- and polyfluoroalkyl substances (PFAS) – so-called ‘forever chemicals’ – to make cleaning products and consumer goods under a UK regulatory initiative that will formally start in the coming months.Thu, 21 Mar 2024 09:50:53 Z{A9FE3874-5F6A-448E-9DE2-2890C28BB5F5}https://www.pinsentmasons.com/out-law/news/fca-emphasises-need-for-transparency-in-regulatory-approach?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA emphasises need for transparency in regulatory approachA recent update from the UK’s Financial Conduct Authority (FCA) indicates that it is likely to pursue greater transparency even outside any enforcement investigation, posing some challenges for firms, an expert has said.Wed, 20 Mar 2024 12:08:32 Z{9E24C836-608A-41AD-A4D0-54D6B31080EA}https://www.pinsentmasons.com/out-law/news/india-uae-bilateral-investment-treaty?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIndia, UAE promote investor confidence with bilateral investment treatyThe recently signed bilateral investment treaty (BIT) between India and the United Arab Emirates (UAE) is expected to facilitate investments in both countries and foster foreign direct investment (FDI) opportunities, international arbitration experts say.Fri, 15 Mar 2024 11:10:12 Z{A2505AE0-5792-43CF-BCA3-EDBF90BAF5EB}https://www.pinsentmasons.com/out-law/analysis/home-care-revolutionise-the-way-healthcare-delivered-in-ireland?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHome care could revolutionise the way healthcare is delivered in IrelandBringing healthcare services into the home can prevent hospitalisation or the need to visit a GP, saving the national healthcare system as well as providing a better outcome for patients.Thu, 14 Mar 2024 17:36:06 Z{219C4292-2CB5-4117-81B9-E6BB8CA579EB}https://www.pinsentmasons.com/out-law/news/challenge-raised-irish-central-banks-pcf-interview-process?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatorySuccessful challenge raised to Irish Central Bank’s PCF interview processA successful legal challenge to the Central Bank of Ireland’s pre-approval controlled function (PCF) interview and decision-making process has several important implications for the fitness and probity assessments of people in senior positions in the financial sector, a legal expert has said. Thu, 14 Mar 2024 16:10:08 Z{5433EDC6-C77B-45D1-B596-E16072CD8813}https://www.pinsentmasons.com/out-law/analysis/impact-of-retained-eu-law-reforms-on-data-protection?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryImpact of retained EU law reforms on data protectionData protection law in the UK is in a state of change, with uncertainty for organisations arising from recent reforms to retained EU law and the prospect of further reforms to follow as the Data Protection and Digital Information (No. 2) Bill proceeds through parliament.Thu, 14 Mar 2024 15:42:56 Z{B8739C73-F591-4579-99E9-FFE57EF3EDDE}https://www.pinsentmasons.com/out-law/analysis/fdi-screening-germany-dropped-slightly-2023-trends-stable?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFDI screening in Germany dropped slightly in 2023 but trends are stableForeign direct investments (FDI) into Germany benefit the economy, however certain FDI may present risks to Germany’s security and public order.Thu, 14 Mar 2024 11:59:52 Z{A51E0800-5EE3-4633-8DF9-C029444C6AC0}https://www.pinsentmasons.com/out-law/news/data-act-proposals-underline-impact-cloud-software-services?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch Data Act proposals underline impact on cloud software servicesRecently published draft Dutch legislation that further underlines and clarifies the scope of the EU Data Act in the Netherlands but provides both opportunities and risks for the current IT business landscape, an expert has said.Thu, 14 Mar 2024 11:27:23 Z{69AF6F6C-4760-473E-9F0A-0509F7811316}https://www.pinsentmasons.com/out-law/analysis/energy-charter-treaty-reform-stalemate-investment-treaty-arbitration?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEnergy Charter Treaty reform stalemate sparks uncertainty for investment treaty arbitrationThe EU’s participation in the Energy Charter Treaty (ECT) is at a crossroads, as some EU member states have decided to withdraw from the ECT while others continue to support its modernisation.Thu, 14 Mar 2024 11:23:27 Z{B9087084-2A10-40A1-BB44-D578F8365E1B}https://www.pinsentmasons.com/out-law/news/rema-consultation-pivotal-to-british-energy-market-investment?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryLatest REMA consultation pivotal to British energy market investmentBusinesses active in Britain’s electricity market should take the latest opportunity afforded them to shape future policy and help ensure any reforms are delivered quickly to catalyse investment, an expert in energy market regulation has said.Thu, 14 Mar 2024 10:21:14 Z{FCBDC129-65CF-486E-BF62-B69FF2E56F95}https://www.pinsentmasons.com/out-law/news/meps-formally-adopt-the-eu-ai-act?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryMEPs formally adopt the EU AI ActThe European Parliament has formally adopted the EU AI Act – the world’s first ever law on AI – in a move that brings the proposed legislation to the brink of becoming EU law.Wed, 13 Mar 2024 16:07:17 Z{F66ACBBB-A2BD-4C89-B87D-EEB742E6CDFB}https://www.pinsentmasons.com/out-law/news/police-investigation-should-spur-funeral-director-regulation-debate?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryPolice investigation ‘should spur funeral director regulation debate’An ongoing police investigation in Hull should spark a debate on whether funeral director businesses should be subject to greater regulation in England, an expert in health regulation has said.Wed, 13 Mar 2024 15:36:16 Z{0966E1A5-FEAB-4221-BC66-5B8FBB102307}https://www.pinsentmasons.com/out-law/news/annex-1-firm-managers-to-review-financial-crime-records?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA gives Annex 1 firm managers six months to review financial crime recordsRecent assessment work by the UK’s Financial Conduct Authority (FCA) in relation to financial crime controls at Annex 1 firms underscores the importance of senior management involvement in implementing and reviewing their firm’s controls, an expert has said. Wed, 13 Mar 2024 14:46:05 Z{36EAA8AC-4524-450B-A8D2-22A5FB82230A}https://www.pinsentmasons.com/out-law/news/uk-court-appeal-decision-give-firms-guidance-tcs-digital-age?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK Court of Appeal decision gives firms guidance on T&Cs in digital ageThe Court of Appeal in England and Wales has considered what businesses need to do to incorporate standard terms and conditions into a digital contract for online services for the first time. Wed, 13 Mar 2024 14:13:48 Z{4734F0A8-6B33-443F-9281-A4BDE0FE062C}https://www.pinsentmasons.com/out-law/analysis/eltif-2-european-commission-moves-to-fix-esma-chaos-0?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryELTIF 2.0: European Commission moves to fix ESMA ‘chaos’The European Commission has made a welcome intervention by amending proposed new regulatory technical standards (RTS) that concern European long-term investment funds, but it may not be enough to promote long-term success of those products.Tue, 12 Mar 2024 12:16:03 Z{0ECB7A63-8430-47E9-8765-48CDE50789CA}https://www.pinsentmasons.com/out-law/news/uk-financial-regulator-releases-data-on-financial-promotions?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK financial regulator releases data on financial promotionsFinancial Conduct Authority (FCA) data on actions against firms breaching financial promotion rules, and referrals and investigations into unregulated activity, provides insight into the regulator’s current priorities and proactive approach to supervision, an expert has said. Tue, 12 Mar 2024 09:52:55 Z{2E28E0DA-0D06-4602-B66C-144B70F8EFC2}https://www.pinsentmasons.com/out-law/news/legislation-simplifies-uk-cis-scope?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew legislation simplifies UK Construction Industry Scheme scopeNew rules outlined today are designed to simplify a UK tax regime that applies when tenants carry out certain construction works and where payment is made by landlords. Fri, 08 Mar 2024 16:41:37 Z{EC0472C4-B96F-49FE-A063-D431BADC0220}https://www.pinsentmasons.com/out-law/news/extremism-clampdown-could-effect-free-speech-at-universities?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryExtremism clampdown could have 'chilling effect' on free speech at universitiesA clampdown on extremism could have a chilling effect on free speech at universities and other higher education institutions, an expert has said. Thu, 07 Mar 2024 09:57:51 Z{F953291B-2BBA-48A9-B096-3D9CBFFD6D0E}https://www.pinsentmasons.com/out-law/analysis/electricity-needs-in-africa-require-infrastructure-investment?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryElectricity needs in Africa require infrastructure investmentNew opportunities are emerging for infrastructure projects across sub-Saharan Africa in pursuit of universal electrification ranging from off-grid solutions to main grid expansion, to international super-grids. Wed, 06 Mar 2024 15:56:31 Z{8CF60B6E-3F47-46B5-9221-9C7FD10CDC1A}https://www.pinsentmasons.com/out-law/news/germany-carbon-management-strategy-decarbonisation-initiative?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCCS/CCU: Germany outlines carbon management strategy as part of decarbonisation initiativeGermany’s Federal Ministry for Economic Affairs and Climate Action (BMWK) has published the outline for its carbon management strategy alongside a draft law to amend the Carbon Dioxide Storage Act (KSpG) based on it.Wed, 06 Mar 2024 11:18:43 Z{0C458B0B-33BA-4C67-B1CE-6FC516A8C508}https://www.pinsentmasons.com/out-law/analysis/fca-enforcement-firms-face-changes-investigation-procedures?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA enforcement proposals mean firms face changes to investigation proceduresUK financial firms should be ready to engage with changes to processes including internal investigation procedures as the Financial Conduct Authority (FCA) proposes a new approach to enforcement cases.Wed, 06 Mar 2024 10:58:46 Z{39929B03-A31E-4C4D-8442-A4181365725E}https://www.pinsentmasons.com/out-law/news/eu-digital-markets-act-conduct-rules-take-effect-online-gatekeepers?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU Digital Markets Act conduct rules to take effect for online ‘gatekeepers’Services run by six major technology companies will be subject to strict new EU regulations, including rules on targeted advertising and interoperability, from Thursday, when conduct obligations affecting online ‘gatekeepers’ take effect under the Digital Markets Act (DMA).Tue, 05 Mar 2024 16:15:36 Z{7BF2D7EE-4F54-4AD9-AB88-FE8768C6FB50}https://www.pinsentmasons.com/out-law/news/uk-government-calls-enhanced-cyber-security-system-governance?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government calls for enhanced cyber security system governanceAnnouncements from the UK government and National Institute of Standards and Technology (NIST) show aims of enhancing governance in cyber security control management systems with hopes of more appropriate protection for firms, an expert has said. Mon, 04 Mar 2024 17:00:28 Z{25FFA69D-93C9-490B-B1CC-48FB7A32A950}https://www.pinsentmasons.com/out-law/analysis/what-draft-aemo-plan-means-australia-transmission-network?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryWhat the draft AEMO plan means for Australia’s transmission networkThe Australian energy market operator’s (AEMO) draft integrated systems plan for 2024 may not spell a major change from its 2022 plan in terms of actual transmission projects needed for the energy transition, but it does highlight the need to significantly speed up the timeline for the development of those projects.Mon, 04 Mar 2024 13:45:57 Z{2546B6DC-51C5-4861-8182-148E90AFFBE7}https://www.pinsentmasons.com/out-law/news/ico-guide-addresses-online-safety-act-and-gdpr-cross-over?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryICO guide addresses Online Safety Act and GDPR cross-overNew guidance has been issued by the UK’s Information Commissioner’s Office (ICO) to help content platforms meet their duties under the UK’s Online Safety Act in a way that accords with UK data protection law.Thu, 29 Feb 2024 09:35:35 Z{5A54CCF3-B515-4FA7-9DD9-7298EB1075CB}https://www.pinsentmasons.com/out-law/news/bill-pension-complaints-procedure-line-irish-constitution?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryBill to bring financial services and pension complaints procedure in line with Irish ConstitutionRecently published Irish draft legislation contains welcome updates to the existing legal framework around the consumer complaints procedure within the financial services and pensions industry which, if passed, will ensure compliance with the Constitution, an expert has said. Wed, 28 Feb 2024 15:25:08 Z{DFD1FEBE-DB71-4ADC-A226-62351A7ECCD1}https://www.pinsentmasons.com/out-law/news/singapore-non-compete-clause-guidance-will-be-welcomed?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatorySingapore non-compete clause guidance will be welcomedSingapore’s tripartite labour regulation bodies will release guidelines on the use of non-compete clauses, marking a pivotal shift in the way in which restrictive covenants are regulated in the state, an employment law expert has said.Tue, 27 Feb 2024 15:49:02 Z{9733A956-FD9D-4905-8074-BE0765E81C51}https://www.pinsentmasons.com/out-law/news/cryptocurrency-related-arbitration-on-the-rise-in-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCryptocurrency related arbitration on the rise in 2024Arbitration involving crypto assets is expected to continue to rise, but it is still a growing area and there are several challenges to overcome for parties involved and arbitration tribunals alike, an expert has said. Tue, 27 Feb 2024 14:31:34 Z{CB3EE8AD-F813-49D1-9BEE-69DDC417D4FC}https://www.pinsentmasons.com/out-law/news/fca-calls-firms-to-be-bolder-in-the-fight-against-financial-crime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA calls on firms to be bolder in the fight against financial crimeThe FCA has urged financial service firms, as well as other businesses including tech companies and social media networks, to do more in combatting financial crime, especially where FCA awareness campaigns and enforcement can only go so far.Sat, 24 Feb 2024 11:22:36 Z{9AB7776C-3ADE-4665-AE21-DDC741C2EC9E}https://www.pinsentmasons.com/out-law/news/inside-trading-fca-market-abuse-crackdown?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryInsider trading conviction highlights FCA market abuse crackdown A recent criminal conviction secured by the Financial Conduct Authority (FCA) in a case of insider trading highlights the UK regulator’s intention to proactively crackdown on cases of market abuse – not just with criminal prosecutions but through the enforcement of regulation too, a former senior market regulator has said. Fri, 23 Feb 2024 16:36:08 Z{F99823F4-F821-425A-B024-6DF4F97724B4}https://www.pinsentmasons.com/out-law/analysis/biomethane-strategy-ireland-decarbonise-less-import-dependent?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryBiomethane strategy to help Ireland decarbonise and become less import-dependentThe development of a new biomethane strategy is an important step towards decarbonising Ireland’s energy production and strengthening its energy security.Fri, 23 Feb 2024 16:27:09 Z{93C85AF8-BA8D-437A-BB23-14B32C52CAE9}https://www.pinsentmasons.com/out-law/analysis/cbi-updates-individual-accountability-framework-irish-financial-firms?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCBI updates Individual Accountability Framework for Irish financial firmsThe Central Bank of Ireland (CBI) has recently published updated regulations and updated guidance on the implementation of the Individual Accountability Framework (IAF) for staff at regulated financial firms.Fri, 23 Feb 2024 13:26:17 Z{CA84B5F9-DD11-47EA-B228-238EF3E7B63A}https://www.pinsentmasons.com/out-law/news/fca-reminds-firms-of-consumer-duty?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA reminds firms to be proactive in Consumer Duty implementation Regulated UK financial services firms are being urged to set out plans for how to implement and demonstrate compliance with the Consumer Duty regarding closed products and services following an update from the Financial Conduct Authority (FCA). Fri, 23 Feb 2024 12:08:16 Z{1381EE6A-C0DF-4977-9A17-749CAD05C331}https://www.pinsentmasons.com/out-law/analysis/victorian-building-reform-to-have-wide-impact-on-industry?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryVictorian building reform to have wide impact on industryReforms to the Australian state of Victoria’s Building Act commenced this month, heralding a raft of changes set to impact builders, building surveyors, architects and others in the building industry.Fri, 23 Feb 2024 10:56:36 Z{B2918498-C92A-465C-ACCC-0DDCA86F46F7}https://www.pinsentmasons.com/out-law/analysis/increasing-corporate-ppa-demand-in-france?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIncreasing corporate PPA demand in FranceThe French Energy Regulatory Commission (CRE) – Commission de régulation de l’énergie – has advocated for the increased development of renewable energies without public aid, emphasising the importance of corporate power purchase agreements (corporate PPAs).Thu, 22 Feb 2024 16:06:38 Z{72B69F72-4138-47F5-8BFE-207264DC529C}https://www.pinsentmasons.com/out-law/analysis/ireland-climate-action-welcome-step-delivery-issues-remain?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIreland’s climate action plan 2024 – a welcome step but delivery issues remainThe publication of Ireland’s latest climate action plan provides an insight into related policy initiatives that the Irish government will pursue in the months ahead. Although the energy transition and climate change now informs many diverse aspects of strategy, the climate action plan 2024 (CAP 2024), published in December 2023, remains the key underpinning government policy.Wed, 21 Feb 2024 14:24:49 Z{B5385098-7D9B-4E78-8889-2A47AB80B2A5}https://www.pinsentmasons.com/out-law/news/irish-law-enforcement-eu-digital-services-act?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIrish law provides for enforcement of EU Digital Services ActA new law sets Irish regulators up to play an important role in the regulation and enforcement of online safety requirements, an expert has said.Tue, 20 Feb 2024 16:56:08 Z{6CF0AE44-0A9C-4438-8E06-40AEEC1B067E}https://www.pinsentmasons.com/out-law/analysis/how-the-digital-services-act-changes-things-for-platforms?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRecommender systems: how the Digital Services Act changes things for platformsThe EU Digital Services Act seeks to increase transparency over the way online platforms rank and display products, services, and content, by imposing rules governing the operation of so-called ‘recommender systems’.Tue, 20 Feb 2024 13:56:34 Z{1198E353-FF75-41C7-A56C-7A5C6B436B5B}https://www.pinsentmasons.com/out-law/analysis/kyc-the-eu-digital-services-act-adds-platforms-dac7-duties?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryKYC: the EU Digital Services Act adds to platforms’ DAC7 dutiesMany online platforms subject to the EU Digital Services Act (DSA) need to engage in extensive data gathering and disclosure to comply with ‘know your customer’-like (KYC) ‘trader traceability’ requirements.Mon, 19 Feb 2024 16:36:40 Z{83E103AE-DA1F-42F5-8BDC-DEC7607BF539}https://www.pinsentmasons.com/out-law/analysis/critical-providers-uk-financial-services-new-regulatory-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryActions for critical providers in UK financial services ahead of new regulatory regimeCritical third-party providers (CTPs) – a term that is likely to include ‘cloud’ and other ICT service providers –are facing increased direct regulation in the UK’s financial services market. That prospect requires would-be CTPs to undertake a wide range of actions, including reviews, documentation, mapping and testing exercises. Mon, 19 Feb 2024 14:14:35 Z{C2714204-E1B5-4502-9E4C-683008CD5509}https://www.pinsentmasons.com/out-law/news/no-fault-evictions-update-leaves-questions-unanswered?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK ‘no fault evictions’ update leaves many questions unansweredComments from Levelling Up Secretary Michael Gove on ‘no fault’ evictions highlight that the incumbent government’s manifesto commitments on reforms to ‘no fault’ evictions remain a government priority, an expert has said.Mon, 19 Feb 2024 14:09:26 Z{D9E57FFC-5175-427A-A10B-FB1217469B29}https://www.pinsentmasons.com/out-law/news/eu-digital-services-act-deadline-arrives-online-intermediaries?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU Digital Services Act deadline arrives for online intermediariesNew rules that broaden online intermediaries’ responsibilities for managing illegal and harmful content and set new requirements around how goods and services are sold take effect across EU member states on 17 February.Thu, 15 Feb 2024 15:03:31 Z{4B5B8BD8-5415-443A-AB4B-05843266A4AA}https://www.pinsentmasons.com/out-law/news/oman-data-protection-regulation-now-in-force?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryOman data protection regulation now in forceBusinesses operating in Oman should find it easier to understand – and comply with – their obligations under the region’s data protection laws, now that a new regulation has been published and come into force, according to Middle East data protection experts.Thu, 15 Feb 2024 10:09:59 Z{C70189CD-2FDC-495D-8A1D-B0187F6BB0A2}https://www.pinsentmasons.com/out-law/news/eu-ai-act-takes-latest-step-through-european-parliament?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU AI Act takes latest step through European ParliamentThe EU AI Act is a step closer to being finalised in law after it passed through the latest stage in the legislative process.Tue, 13 Feb 2024 14:01:17 Z{C72D17BB-DE3A-4D94-A817-A28D46129434}https://www.pinsentmasons.com/out-law/guides/guide-to-high-risk-ai-systems-under-the-eu-ai-act?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryA guide to high-risk AI systems under the EU AI ActProviders and deployers of so-called ‘high-risk’ AI systems will be subject to significant regulatory obligations when the EU AI Act takes effect, with enhanced thresholds of diligence, initial risk assessment, and transparency, for example, compared to AI systems not falling into this category.Tue, 13 Feb 2024 13:41:38 Z{A8A7F10B-851A-4752-9658-A130B5154D88}https://www.pinsentmasons.com/out-law/news/nis2-netherlands-to-miss-eu-cyber-law-deadline?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNIS2: Netherlands to miss EU cyber law deadlineThe EU’s second Network and Information Security Directive (NIS2) will not be implemented in time in the Netherlands, the Dutch government has confirmed.Fri, 09 Feb 2024 12:05:17 Z{59CA044F-F88C-4A6D-9A1E-9866AEE460A1}https://www.pinsentmasons.com/out-law/news/industry-involvement-for-clearer-allergen-labelling-guidance?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIndustry involvement needed for clearer allergen labelling guidanceFood and drink businesses should work together with regulators to improve current guidelines on allergen labelling, an expert has said.Thu, 08 Feb 2024 16:28:23 Z{FCA1174A-CCDD-4B20-BDC0-B1DE4BBE4C20}https://www.pinsentmasons.com/out-law/news/uk-ai-copyright-code-initiative-abandoned?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK AI copyright code initiative abandonedThe UK government has abandoned plans to broker an industry-led agreement on a new AI copyright code of practice, a voluntary framework the government hoped would strike a balance between AI developers’ desire to access quality data to train their AI models and content creators’ right to control – and commercialise – access to their copyrighted works.Wed, 07 Feb 2024 14:47:28 Z{65F21761-2092-4F02-B989-229C159D0BF5}https://www.pinsentmasons.com/out-law/news/revolut-ruling-puts-bank-account-closures-back-in-focus?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRevolut ruling puts bank account closures back in focusA UK judge who dismissed claims raised by a businessman against payment service provider Revolut over the company’s closure of his bank account would not have reached a different decision in the case even if planned rule changes in respect of ‘de-banking’ had been in force, an expert in banking and financial services disputes has said.Wed, 07 Feb 2024 12:07:35 Z{5F64D50C-9FDC-4226-8103-34DE13052479}https://www.pinsentmasons.com/out-law/analysis/consultation-opens-ireland-offshore-renewable-energy-policy?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryConsultation opens on Ireland’s offshore renewable energy policyThe Irish government has issued a consultation on a proposed framework policy statement to help reach Ireland’s long-term offshore wind ambitions. Wed, 07 Feb 2024 09:19:22 Z{6680E678-FF33-430E-98AB-56D83B73B36A}https://www.pinsentmasons.com/out-law/news/ai-laws-inevitable-says-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAI laws inevitable but not right for today, says UK governmentEvery country in the world will eventually need to adopt new legislation to address “the challenges posed by AI technologies”, but it is not the right approach to implement new laws “today”, the UK government has said.Tue, 06 Feb 2024 17:18:47 Z{0259CAAE-B9D8-458B-B1FA-1A35FA7705CE}https://www.pinsentmasons.com/out-law/news/improvements-banking-kyc-needed-build-customer-commitment?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryImprovements to banking KYC needed to build customer commitmentRecent research highlights the banking sector’s fight against money laundering, but more can be done to improve customer commitment, an expert has said.Tue, 06 Feb 2024 16:03:17 Z{3220F635-0BE5-4F82-A244-6D7943CFB27B}https://www.pinsentmasons.com/out-law/analysis/podcast-eu-ai-law-clears-crucial-hurdle-and-uk-tax-authorities-ask-what-is-a-crisp?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryPODCAST: EU’s AI law clears crucial hurdle, and UK tax authorities ask: what is a crisp?Europe’s politicians have battled to get an influential new law on artificial intelligence (AI) over the line but with an election looming, Nils Rauer outlines what’s at stake, while Bryn Reynolds illuminates a UK sales tax dispute with his sausage lifecycle hypothesis.Tue, 06 Feb 2024 12:42:07 Z{063F7A77-9C7A-4D9D-A40E-B9F2C9A30DA4}https://www.pinsentmasons.com/out-law/news/eu-member-states-approve-final-wording-of-ai-act?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU member states approve final wording of AI ActThe ‘world’s first’ bespoke regulation on artificial intelligence (AI) is closer to being finalised after the proposed new EU AI Act cleared a major legislative hurdle on Friday.Tue, 06 Feb 2024 10:15:01 Z{35D251D2-7C73-4FBC-BC1A-7589A36E8AEC}https://www.pinsentmasons.com/out-law/analysis/why-eu-lawmakers-wont-allow-the-ai-act-to-fall?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryWhy EU lawmakers won’t allow the AI Act to fallThere are political and economic reasons why EU law makers will not allow the proposed new EU AI Act to fall, despite some lingering uncertainty about whether, and in what form and when, the regulations might be finalised.Tue, 06 Feb 2024 09:27:42 Z{08D56330-90FA-4935-8331-563955CC7DF4}https://www.pinsentmasons.com/out-law/news/central-bank-stress-test-cyberattack-response-and-recovery?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEuropean Central Bank to ‘stress test’ cyberattack response and recoveryThe European Central Bank (ECB) will conduct “cyber resilience stress tests” to supervise banks and the way in which they respond and recover from cyber-attacks during 2024.Fri, 02 Feb 2024 16:10:54 Z{4F2EC5D7-0038-4EE8-8222-5C4549A8972F}https://www.pinsentmasons.com/out-law/news/action-needed-as-uk-product-security-regime-approaches?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAction needed as UK product security regime approachesManufacturers of ‘smart’ products sold in the UK face an administrative burden and technical challenges to comply with new cybersecurity requirements due to take effect in less than three months, with associated obligations also falling on importers and distributors, a cybersecurity adviser has said.Fri, 02 Feb 2024 11:09:12 Z{21CD9AAE-3FC5-49AD-99EA-59438305C7B6}https://www.pinsentmasons.com/out-law/guides/pfas-regulation-in-the-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryPFAS regulation in the UKBusinesses across sectors and throughout supply chains are increasingly being advised to consider the risk they are exposed to from growing scrutiny of ‘forever chemicals’.Thu, 01 Feb 2024 14:26:11 Z{41BBE426-01C3-48C6-A340-697FDA410893}https://www.pinsentmasons.com/out-law/news/new-uae-competition-law-ushers-in-new-era-for-merger-control?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew UAE competition law ushers in new era for merger controlThe United Arab Emirates has recently enacted Federal Decree-Law No. 36/2023 on the Regulation of Competition (the new law), ushering in a new era in the country's competition landscape.Wed, 31 Jan 2024 17:38:53 Z{42C63C0A-37F9-48EB-BDBB-8677F7075E38}https://www.pinsentmasons.com/out-law/news/new-cairo-international-arbitration-centre-rules?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew Cairo international arbitration centre rules ‘embrace modern practices’ New Cairo Regional Centre for International Commercial Arbitration (CRCICA) rules embrace modern practices and place further emphasis on procedural efficiency, an expert has said. Tue, 30 Jan 2024 17:22:37 Z{8CFC7323-61FB-4A0F-ACB9-DD9525345A1E}https://www.pinsentmasons.com/out-law/news/regulator-to-review-historic-motor-finance-commission-sales?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK regulator review of historic motor finance commission sales could lead to financial hardshipA recent Financial Conduct Authority (FCA) announcement in relation to historic motor finance commission arrangements may lead to significant financial hardship for motor finance providers and others, an expert has said.Tue, 30 Jan 2024 16:31:27 Z{E47119A6-D950-4BC8-82D7-5F729C878C2E}https://www.pinsentmasons.com/out-law/analysis/uk-fca-updates-registration-guidance-for-cryptoasset-firms?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK FCA updates registration guidance for cryptoasset firmsRecently published Financial Conduct Authority (FCA) feedback on good and poor-quality applications in the context of cryptoasset firms is instructive, not just for those firms, but for others applying for UK registration under the Money Laundering Regulations.Mon, 29 Jan 2024 15:35:58 Z{C6FD301C-456D-4832-9D34-FF6059686203}https://www.pinsentmasons.com/out-law/analysis/companies-impacted-changes-australia-investor-definition?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEarly-stage companies could be impacted by changes to Australia’s sophisticated investor definitionProposed increases to the thresholds associated with determining ‘sophisticated investors’ could have a profound impact on Australian companies looking to raise funds, especially those which are in the early stage of their corporate life cycle. Mon, 29 Jan 2024 12:05:16 Z{6EBB2BD2-12CB-4DCF-8CC5-2294C4C69201}https://www.pinsentmasons.com/out-law/news/cma-outlines-digital-market-plans?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCMA outlines digital market plansThe UK’s Competition and Markets Authority (CMA) has published details of how it intends to use its new powers to regulate competition in digital markets.Mon, 29 Jan 2024 12:00:11 Z{727FE62C-F01A-4E8E-A1FF-0CC095152F67}https://www.pinsentmasons.com/out-law/news/esas-publish-first-set-of-rules-for-digital-operational-resilience-in-the-eu?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryESAs publish first set of rules for digital operational resilience in the EUEU regulators have published final versions of an initial batch of four sets of technical operational resilience and cyber risk standards financial firms will have to comply with to operate in Europe.Thu, 25 Jan 2024 10:45:46 Z{4D99DC8F-6726-4716-99B1-805342824813}https://www.pinsentmasons.com/out-law/news/eu-bodies-agree-deal-on-expanding-reach-of-aml-rules-further-into-crypto-sector?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU bodies agree deal on expanding reach of AML rulesThe European Parliament and the Council of Ministers have agreed new anti-money laundering rules.Wed, 24 Jan 2024 14:14:41 Z{6EF29032-4F3B-4A18-90AE-AC232DAE5000}https://www.pinsentmasons.com/out-law/analysis/actions-for-uk-hr-teams-in-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryActions for UK HR teams in 2024HR teams’ remit has been expanding in recent years – this is set to continue in 2024 and should be reflected in their planning.Tue, 23 Jan 2024 15:07:53 Z{D7B2355C-6FEA-4DEF-952A-7EC450A04621}https://www.pinsentmasons.com/out-law/news/nuclear-power-roadmap-signals-shift-in-policy?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK nuclear power roadmap ‘signals shift’ in policy and approachNew UK government support for nuclear power is important as part of the energy mix needed to achieve carbon reduction ambitions and power the next cycle of economic growth, an expert has said.Fri, 19 Jan 2024 10:15:01 Z{B489087F-013E-473C-8B6C-9679FFDA8DBF}https://www.pinsentmasons.com/out-law/news/uk-nuclear-power-roadmap-signals-shift-policy-and-approach?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK nuclear power roadmap ‘signals shift’ in policy and approachNew UK government support for nuclear power is important as part of the energy mix needed to achieve carbon reduction ambitions and power the next cycle of economic growth, an expert has said.Thu, 18 Jan 2024 16:12:19 Z{D1502206-7402-4D94-B3F9-8AF1338589EC}https://www.pinsentmasons.com/out-law/news/us-regulator-to-build-operational-resilience-swaps-market?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUS regulator looks to build operational resilience in swaps marketComprehensive new rules aimed at ensuring businesses in the US swaps market are resilient to cyber, operational, and third-party risk have been proposed by a US regulator.Thu, 18 Jan 2024 15:39:39 Z{5CA8A26A-6BE9-4831-B3B2-C6F0FF95EFA3}https://www.pinsentmasons.com/out-law/news/trade-mark-ruling-showing-uk-divergence-eu-law-post-brexit?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryTrade mark ruling 'first’ showing UK divergence from EU law post-BrexitA recent Court of Appeal ruling on trade mark infringement is the first clear example of a UK court consciously deciding to depart from a judgment of the Court of Justice of the EU (CJEU)after Brexit, an expert has said. Thu, 18 Jan 2024 12:17:19 Z{5D1A5C71-D41C-4C73-9298-27A2AA83ECFB}https://www.pinsentmasons.com/out-law/news/action-urged-before-ccs-network-code-consultation-closes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAction urged before CCS network code consultation closesBusinesses wishing to capture their carbon emissions and then have them transported and stored offshore in UK waters should take the chance to input to the development of a new code that will govern the arrangements for connecting to that transportation and storage infrastructure, an expert has said.Thu, 18 Jan 2024 10:19:14 Z{0A9D4E4F-01B2-48CD-94EB-BDCAF2973552}https://www.pinsentmasons.com/out-law/news/esma-consults-on-eu-securitisation-disclosure-templates?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryESMA consults on EU securitisation disclosure templatesThe European Securities and Markets Authority (ESMA) has opened a long-awaited consultation on potential revisions to the European Commission’s securitisation disclosure templates . Mon, 15 Jan 2024 10:12:07 Z{E697C5C3-FF21-4358-BB69-5987ACC77097}https://www.pinsentmasons.com/out-law/analysis/cietac-arbitration-rules-improve-effectiveness-efficiency?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew CIETAC arbitration rules aim to improve ‘effectiveness and efficiency’A new version of the China International Economic and Trade Arbitration Commission (CIETAC) arbitration rules came into force on 1 January 2024.Mon, 15 Jan 2024 10:01:39 Z{76AFE8EE-173B-4B50-B633-D463B66BF436}https://www.pinsentmasons.com/out-law/analysis/the-role-for-public-affairs-teams-in-election-year-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryThe role for public affairs teams in ‘election year’ 2024More than four billion people are expected to cast votes globally this year as several countries go to the polls. It means 2024 will not only be a big year for democracy – it will have a major influence on geopolitics and policy for years to come.Mon, 15 Jan 2024 09:48:30 Z{43E38B3C-B6B3-4749-B94B-AFB9D50B50F5}https://www.pinsentmasons.com/out-law/analysis/hospitality-businesses-face-increasing-uk-regulation-in-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHospitality businesses face increasing UK regulation in 2024Hospitality businesses in the UK can expect new regulation impacting them to emerge in 2024, amidst a continuing challenging operating environment.Fri, 12 Jan 2024 14:51:00 Z{DBC87650-DC97-4446-AB2A-9061D5E0D8E7}https://www.pinsentmasons.com/out-law/news/it-reporting-rules-updated-luxembourg-financial-services?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIT incident reporting rules updated for Luxembourg financial servicesLuxembourg’s financial regulator has moved to standardise the information that businesses operating in the country’s financial services sector will need to share with it concerning major ‘ICT-related incidents’ they experience.Thu, 11 Jan 2024 12:13:14 Z{7CEB5312-2BF5-4B26-87BB-5FB70584E91C}https://www.pinsentmasons.com/out-law/news/irish-hc-quashes-regulator-eu-energy-ruling?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIrish High Court quashes regulator’s decision implementing EU clean energy regulationTwo groups of renewable energy companies have won a High Court challenge against a decision by the Commission for Regulation of Utilities (CRU) in Ireland on the implementation of EU rules relating to the compensation due to operators of electricity generators who are limited due to grid congestion.Thu, 11 Jan 2024 10:12:05 Z{E557E980-293E-4D8C-8BD2-09496C533040}https://www.pinsentmasons.com/out-law/news/eu-data-act-entering-into-force-should-spur-business-action?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU Data Act entering into force ‘should spur business action’Businesses operating in EU markets have been advised to check whether they will be subject to new legislation that promotes rights of access to, and use of, data obtained, generated or collected from connected products and related services.Thu, 11 Jan 2024 09:48:06 Z{E41C91E7-C92D-4A23-83C0-9971457B520D}https://www.pinsentmasons.com/out-law/analysis/the-role-for-hr-in-eu-corporate-sustainability-reporting?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryThe role for HR in EU corporate sustainability reportingHR teams can support their business with comprehensive new workforce reporting obligations arising under the EU Corporate Sustainability Reporting Directive (CSRD).Mon, 08 Jan 2024 15:56:04 Z{BC86DB8D-A044-4937-8F8A-062E4F4642C7}https://www.pinsentmasons.com/out-law/news/fca-plans-new-uk-regulatory-regime-fiat-backed-stablecoin?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA plans new UK regulatory regime for fiat-backed stablecoinThe UK’s financial conduct regulator, the Financial Conduct Authority (FCA), has published plans to regulate fiat-backed stablecoins in a way which will protect and benefit both consumers and the markets, an expert has said. Fri, 05 Jan 2024 11:35:32 Z{D9098732-2DED-4410-9CDA-92A3CF9738A3}https://www.pinsentmasons.com/out-law/news/ireland-moves-to-ramp-up-onshore-renewables-grid-connections?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIreland moves to ramp up onshore renewables grid connectionsOnshore renewable energy developers would have more opportunity to bid to secure the connection of their projects to Ireland’s electricity grid, under recent plans outlined by a regulator.Fri, 05 Jan 2024 09:54:00 Z{933F1D5A-AB21-4DF6-A3C3-A81500B73EEA}https://www.pinsentmasons.com/out-law/news/abu-dhabi-international-arbitration-centre-launched?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAbu Dhabi International Arbitration Centre launched in ‘timely’ reform The Abu Dhabi Chamber of Commerce and Industry has rebranded its arbitration body in a “timely” and “long anticipated” move, experts have said. Fri, 05 Jan 2024 09:40:02 Z{52752A11-F883-421D-89E9-BCBA2EE3BF90}https://www.pinsentmasons.com/out-law/news/uk-payment-firms-to-compensate-app-fraud-victims?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK payment firms to compensate APP fraud victims up to £415,000UK payment firms face new compensation requirements of up to £415,000 to victims of authorised push payment (APP) fraud from later this year, the Payment Systems Regulator (PSR) has announced.Thu, 04 Jan 2024 09:14:56 Z{EB7C3732-E624-4EB9-8AC8-D553F601FA03}https://www.pinsentmasons.com/out-law/news/retained-eu-law-reforms-come-into-force-in-the-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRetained EU law reforms come into force in the UKThe way that thousands of pieces of UK legislation are interpreted could change after a new Act impacting the way EU-derived laws are applied in the UK entered into force.Wed, 03 Jan 2024 14:03:40 Z{4B040BEE-4BFD-44BD-9079-B0CCF6FB94F9}https://www.pinsentmasons.com/out-law/analysis/legislation-legal-certainty-uk-vat-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew proposed legislation to provide legal certainty for UK VAT regimeDraft legislation on the interpretation of VAT and excise legislation provides critical clarification on how VAT and excise law should be interpreted in the light of changes made by the Retained EU Law (Revocation and Reform) Act 2023 (REULA), which will alter the interpretation and application of EU-derived legislation in the UK legal system. Thu, 21 Dec 2023 15:30:17 Z{9AF802F7-A31B-4675-95F3-6B118B059E31}https://www.pinsentmasons.com/out-law/news/pfas-uncertainty-over-future-eu-regulation-drift-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryPFAS: uncertainty over future EU regulation set to drift into 2024Businesses seeking to understand the outcome of an EU consultation on the future regulation of thousands of chemical substances known as PFAS look likely to have to wait until into 2024 for clarity on the matter.Thu, 21 Dec 2023 15:23:44 Z{340EAE37-1995-4608-876C-AA26177376ED}https://www.pinsentmasons.com/out-law/news/uk-government-marine-net-gain?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government moves forward with marine net gain plansOffshore wind and other marine developments such as port expansion projects may have to comply with additional measures under UK government proposals setting out marine net gain (MNG) requirements in English waters. Thu, 21 Dec 2023 15:12:15 Z{009C4560-5B7E-4623-924C-B72035186694}https://www.pinsentmasons.com/out-law/news/australia-net-zero-clearer-renewables-aemo-plan?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAustralia's path to net zero clearer with renewables focal point of draft AEMO planPlans published by Australia’s energy market operator (AEMO) in its draft integrated systems plan (ISP) for 2024 will impact investment and project starts in the industry, with a particular emphasis on the need for increased investment in renewables. Thu, 21 Dec 2023 10:20:08 Z{4A49D111-4129-41BA-8FE9-558099A1D074}https://www.pinsentmasons.com/out-law/analysis/virtual-wheeling-south-africa-renewable-energy-market?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryVirtual wheeling platform to shake up South Africa’s renewable energy marketThe planned roll out of a virtual ‘wheeling’ platform (VWP) in South Africa next year is expected to transform the country’s electricity market, attracting larger investments in the country’s renewable energy market and enabling companies to reach their net zero carbon emissions targets. Wed, 20 Dec 2023 14:22:43 Z{1EE2851B-371D-46ED-A7C5-55BEFEDAD34D}https://www.pinsentmasons.com/out-law/analysis/energy-transition-challenges-risks-uk-construction-2024?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEnergy transition: challenges and risks for UK construction contractors into 2024The UK’s commitment to achieve net zero by 2050 will mean the pace and scale of low carbon energy projects needs to accelerate.Tue, 19 Dec 2023 13:12:18 Z{FC3C2BD0-935A-4D5E-A628-DE0AFD2F2156}https://www.pinsentmasons.com/out-law/news/gdpr-cyber-compensation-rights-clarified?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryGDPR cyber liability and compensation rights clarified by EU courtBusinesses are not automatically in breach of EU data protection laws in cases where there has been unauthorised disclosure of, or unauthorised access to, personal data they are responsible for, the EU’s highest court has ruled.Mon, 18 Dec 2023 15:49:57 Z{435CB856-310D-4BA2-8E8B-135A8F10A0D3}https://www.pinsentmasons.com/out-law/analysis/mica-deliver-different-outcomes-post-ftx-world?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryMiCA can deliver different outcomes in a post-FTX worldNew EU legislation set to take effect in a year’s time should help prevent a repeat of the FTX scandal, where the business’ investors and customers lost billions of dollars between them in a securities fraud.Fri, 15 Dec 2023 17:10:11 Z{20ED2730-F01A-4069-BE8C-F80D9C7713C8}https://www.pinsentmasons.com/out-law/news/eu-electric-battery-origin-delay-uk-car-industry?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU electric battery rules of origin delay will be welcomed by UK car industryThe European Commission has delayed its 2024 ‘rules of origin’ requirements for electric vehicle batteries, extending the tariff-free period for UK manufacturers. Fri, 15 Dec 2023 16:55:13 Z{1DD327C6-4414-43CD-BE6E-D182FBFA2A65}https://www.pinsentmasons.com/out-law/news/fca-bridge-advice-gap-advice-framework?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA proposes to bridge financial ‘advice gap’ by rethinking advice frameworkThe UK Treasury and Financial Conduct Authority (FCA) have set out proposals to address the widening ‘advice gap’ between the small percentage of the population who take financial advice, and those who do not but could benefit from support when making financial decisions.Fri, 15 Dec 2023 13:07:16 Z{8287F182-EC10-4363-B186-78627E51CBD5}https://www.pinsentmasons.com/out-law/analysis/international-impact-of-the-gdpr-felt-five-years-on?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryInternational impact of the GDPR felt five years onThe introduction of the General Data Protection Regulation (GDPR) into EU law in 2018 not only had a profound impact on organisations based in Europe – it has shaped data protection practices globally.Wed, 13 Dec 2023 15:20:02 Z{D18C0E62-16BB-48BD-89C0-22D4A9F617E0}https://www.pinsentmasons.com/out-law/analysis/national-controls-for-pfas-forever-chemicals?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAustralia to introduce national controls for PFAS ‘forever chemicals’Australia plans to introduce national controls on the use, manufacture, import and export of so-called ‘forever chemicals’ - per- and polyfluoroalkyl substances (PFAS) – from 1 July 2025.Wed, 13 Dec 2023 10:13:58 Z{1FDFDE67-7865-4739-A1CE-9DA420C27C54}https://www.pinsentmasons.com/out-law/analysis/digital-pound-may-be-a-not-too-distant-reality-in-the-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDigital pound may be a not too distant reality in the UKA recent report by the House of Commons Treasury Committee assesses some of the benefits and risks of introducing a possible digital pound as a new electronic form of money for retail payments in the UK.Tue, 12 Dec 2023 16:31:51 Z{ACBC24BE-FE15-4D67-9A70-FADD3FA91638}https://www.pinsentmasons.com/out-law/news/eu-ai-act-deal-reached-by-lawmakers?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU AI Act deal reached by lawmakersThe use of artificial intelligence (AI) systems by organisations in the EU is to be subject to risk-based regulation, under new legislation provisionally agreed by EU law makers at the weekend.Mon, 11 Dec 2023 15:24:39 Z{B945240A-173F-4F62-BFDD-E5F7DE758EF0}https://www.pinsentmasons.com/out-law/news/fca-new-cash-responsibilities-uk-banks-building-societies?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA will hand new cash responsibilities to UK banks and building societiesUK financial regulator the Financial Conduct Authority (FCA) will require banks and building societies to maintain ‘reasonable access to cash’ under proposals designed to ensure the public has access to cash in an increasingly digital world.Mon, 11 Dec 2023 12:50:00 Z{C353898B-71DD-455D-A5C1-F850729ADE3D}https://www.pinsentmasons.com/out-law/news/fca-publishes-credit-report-proposals-increase-transparency?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA publishes credit report proposals to ‘increase transparency’The UK’s Financial Conduct Authority (FCA) has announced proposals to ensure that consumer credit scores will now better reflect individuals’ financial situations.Mon, 11 Dec 2023 10:25:04 Z{3B29218C-548A-4407-82EF-D56AC1FA2CBC}https://www.pinsentmasons.com/out-law/analysis/regulatory-uncertainty-persists-listed-investment-funds-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRegulatory uncertainty persists for listed investment funds in the UKRecent papers issued by the UK Treasury and Financial Conduct Authority (FCA) fail to address lingering regulatory uncertainty affecting listed investment funds and it is unclear whether the industry will get all the answers it is looking for before the next UK general election.Mon, 11 Dec 2023 09:53:57 Z{CDC045EA-08C6-4599-B9DA-EAEC5D68631B}https://www.pinsentmasons.com/out-law/news/uk-financial-regulators-critical-third-parties-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK financial regulators set out plans for ‘critical third parties’ regimeTechnology providers and other suppliers that provide material services to financial services firms could be brought into scope of UK financial services regulation, under plans outlined by regulators.Fri, 08 Dec 2023 16:15:17 Z{4B831826-2072-4CD6-8FBE-242B6F2D725A}https://www.pinsentmasons.com/out-law/news/eu-design-law-reform-moves-ahead-as-eu-lawmakers-reach-deal?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU design law reform moves ahead as EU lawmakers reach dealThe Council of the EU and the European Parliament have reached a provisional deal on the two legislative proposals that make up the designs reform package, intended to make the EU design system “fit for the digital age” and easily usable.Fri, 08 Dec 2023 11:21:11 Z{75AD9917-F882-4B6B-8AC9-9BA67275E120}https://www.pinsentmasons.com/out-law/news/fca-consults-long-awaited-overseas-funds-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA consults on ‘long awaited’ overseas funds regimeA recent Financial Conduct Authority (FCA) consultation paper (CP) provides clarity on upcoming changes to the regulation of overseas investments in the UK. Wed, 06 Dec 2023 16:24:31 Z{4A2A5FD4-25D2-4906-A147-64554F082A25}https://www.pinsentmasons.com/out-law/news/fca-investment-funds-for-redress-liabilities?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA to require investment advisers to set aside funds for redress liabilitiesInvestment advisers in the UK are to be asked to set aside money to cover the cost of potential redress claims at an early stage, under Financial Conduct Authority (FCA) proposals to ensure the ‘polluter pays’ when consumers are harmed.Tue, 05 Dec 2023 15:38:17 Z{23A6554D-BC4D-4382-83CC-94E8F27E38D8}https://www.pinsentmasons.com/out-law/news/cjeu-rulings-limit-scope-gdpr?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryLandmark CJEU rulings limit scope for GDPR finesLandmark rulings by the EU’s highest court have limited the circumstances in which businesses can be served fines for breaching the General Data Protection Regulation (GDPR).Tue, 05 Dec 2023 13:36:06 Z{6D9C3225-6FC3-4AE5-B9E7-3E8736671BC1}https://www.pinsentmasons.com/out-law/news/hong-kong-to-regulate-cryptocurrency-markets?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHong Kong to regulate cryptocurrency marketsRetail investors in Hong Kong will be banned from trading in cryptocurrencies and exchange operators must have licences under government plans.Mon, 04 Dec 2023 16:35:07 Z{8008C459-9096-441D-B241-823BA846D09D}https://www.pinsentmasons.com/out-law/news/brexit-financial-services-eu-japan-trade?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK's Brexit proposals for financial services lean on EU-Japan trade deal A Brexit deal on financial services could be modelled on terms already accepted by the EU in a recently-concluded trade agreement with Japan, the UK government has said.Mon, 04 Dec 2023 16:21:09 Z{5EB7AC54-1611-4F79-A2A1-F8E66ED5A5BB}https://www.pinsentmasons.com/out-law/news/fca-guidance-financial-services-anti-greenwashing-rule?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA proposes guidance on financial services anti-greenwashing ruleThe UK’s Financial Conduct Authority (FCA) has indicated that addressing greenwashing must be actively considered as a separate concept by regulated financial firms when meeting their obligations to be “fair, clear and not misleading”, according to legal experts. Fri, 01 Dec 2023 16:14:40 Z{AC0D3794-8D89-4036-8B01-A284CB6327B7}https://www.pinsentmasons.com/out-law/news/data-protection-power-unlawful-algorithm?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch data protection watchdog shows power against use of unlawful algorithmOrganisations and businesses that use algorithms to calculate risks in the Netherlands need to pay close attention to data collection that could lead to breaches of the GDPR, after the Dutch Data Protection Authority (AP) showed its supervisory power over unlawful use of an algorithm in a recent case.Fri, 01 Dec 2023 15:37:54 Z{654B75BE-5A69-4032-A8DE-5FF1EF422746}https://www.pinsentmasons.com/out-law/news/hse-surge-work-related-illness?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHSE statistics reveal surge in UK work-related illnessNew statistics on occupational health and safety in the UK will be “disappointing” for the Health and Safety Executive (HSE), according to one legal expert.Fri, 01 Dec 2023 15:31:19 Z{A1E9360F-0784-4DC4-9C00-29D6DBA1B7BF}https://www.pinsentmasons.com/out-law/news/eu-unveils-plan-overhaul-electricity-grid-infrastructure?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU unveils plan to overhaul electricity grid infrastructureThe EU has unveiled an action plan to overhaul its ageing electricity infrastructure in a bid to meet growing renewable energy demands.Fri, 01 Dec 2023 10:32:28 Z{3F62715C-03A8-485B-BD6B-D46668AC914B}https://www.pinsentmasons.com/out-law/news/uk-clarifies-approach-sanctions-ownership-control-test?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK clarifies approach to sanctions ‘ownership and control’ testNew guidance issued by the UK government aims to clarify the circumstances in which sanctioned public officials, including Russian president Vladimir Putin, should be considered as ‘exercising control’ over public or private entities.Wed, 29 Nov 2023 16:03:06 Z{04F2AB9C-2301-4DF1-A516-4FB12C97EC8E}https://www.pinsentmasons.com/out-law/news/right-to-damages-for-unreasonably-late-insurance-claims-settlement-now-in-force?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRight to damages for 'unreasonably' late insurance claims settlement now in forceBusiness and consumer insurance policyholders may now pursue their insurers in the courts if they do not settle claims within a reasonable amount of time.Wed, 29 Nov 2023 15:35:21 Z{E0718EB2-87EE-4742-8FDB-7606EF0EC69F}https://www.pinsentmasons.com/out-law/news/fca-sustainability-disclosure-requirements-sdr-policy?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA announces sustainability disclosure requirements (SDR) policyNew sustainability disclosure requirements (SDR) and a fund labelling regime for asset managers have been confirmed by the UK’s Financial Conduct Authority (FCA), with the measures due to take effect in 2024.Wed, 29 Nov 2023 10:51:30 Z{59C74DA7-93EF-4EA5-B28C-9CD015A9A940}https://www.pinsentmasons.com/out-law/news/uk-government-river-basin-management-plan-ruled-unlawful?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government’s river basin management plan ruled unlawfulIn a first, the Department for Environment, Food & Rural Affairs (DEFRA) and the Environment Agency’s (EA) approach to plans to protect and enhance rivers and other water bodies in England has been found unlawful. Wed, 29 Nov 2023 10:09:26 Z{EF29D4F4-D05E-411D-869C-CA4146C18086}https://www.pinsentmasons.com/out-law/news/us-businesses-face-challenge-european-esg-requirements?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUS businesses face challenge in meeting European ESG requirementsUS businesses will need to go beyond international standards and domestic regulation to comply with climate and sustainability reporting requirements they will face in Europe, experts have said.Mon, 27 Nov 2023 12:21:08 Z{655740DE-F160-454D-8625-2E9BCD18A073}https://www.pinsentmasons.com/out-law/news/hong-kong-to-limit-cryptocurrency-exchanges-to-professional-investors?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHong Kong to limit cryptocurrency exchanges to professional investorsCryptocurrency exchanges operating in Hong Kong will be required to be licensed by the market regulator and will only be allowed to provide services to professional investors.Mon, 27 Nov 2023 11:10:33 Z{BCC0F8E9-618B-401F-A4F7-ED88D2442DF7}https://www.pinsentmasons.com/out-law/news/new-eu-anti-money-laundering-rules-to-take-effect-from-26-june?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew EU anti-money laundering directive to come into force from 26 JuneA raft of reforms to EU anti-money laundering rules will become EU law later this month after they were finalised and published in the Official Journal of the EU. Countries will have two years to turn the directive into national law. Mon, 27 Nov 2023 10:30:50 Z{48C55499-B450-40FC-9EF5-0CB709F931D1}https://www.pinsentmasons.com/out-law/news/fca-issues-final-guidance-on-what-constitutes-retail-investment-advice?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA issues final guidance on what constitutes retail investment adviceThe UK's City watchdog has issued new finalised guidance on what it considers to constitute the provision of regulated retail investment advice and personal recommendations.Mon, 27 Nov 2023 10:26:43 Z{AAD6529C-B2F1-4733-AF76-9E2D7E35CB6B}https://www.pinsentmasons.com/out-law/analysis/online-safety-act-super-complaints-process?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryOnline Safety Act super-complaints process must not overwhelm OfcomThe UK government must ensure that the way the new ‘super-complaints’ process under the Online Safety Act is configured enables new risks and systemic issues across services to be addressed whilst guarding against the potential for overwhelming the regulator.Mon, 27 Nov 2023 09:51:11 Z{149737B7-DAAC-4281-A720-9B2031CD613E}https://www.pinsentmasons.com/out-law/analysis/fca-esg-fund-review-offers-insight-sdr-policy-statement?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA’s ESG fund review offers insight into upcoming SDR policy statementThe Financial Conduct Authority’s (FCA) recent thematic review of authorised fund managers (AFMs) and their environmental, social, governance (ESG) and sustainable funds could shed light on the UK’s long-awaited Sustainability Disclosure Requirements (SDR) rules.Thu, 23 Nov 2023 11:41:12 Z{EFEDF475-EFE2-4C0A-A82D-47B605B43961}https://www.pinsentmasons.com/out-law/analysis/uk-overhaul-procurement-legislation?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryThe UK’s overhaul of procurement legislationOn 26 October, the Procurement Bill completed its passage through the UK parliament and became the Procurement Act 2023. This constitutes an important milestone in the transformation of the UK procurement law regime which for the moment continues to be governed by rules that are based on EU legislation. Wed, 22 Nov 2023 15:44:30 Z{7459115F-174A-4497-8DB5-20050550C9AC}https://www.pinsentmasons.com/out-law/news/uk-government-launches-use-agency-workers-during-strikes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government launches consultation on use of agency workers during strikesThe UK government’s efforts to remove the ban on the use of agency workers during strike action is likely to be challenged again by the unions and any Labour government would re-impose it, according to one legal expert.Wed, 22 Nov 2023 14:52:20 Z{AA63C378-55A5-4596-98EC-533E29461475}https://www.pinsentmasons.com/out-law/news/uk-ico-challenges-clearview-ai-ruling?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK ICO challenges Clearview AI rulingThe UK’s data protection authority has lodged an appeal against a tribunal ruling that found it did not have the power to take enforcement action against facial recognition software developer Clearview AI.Tue, 21 Nov 2023 10:34:18 Z{81BDCEFC-734A-40E8-BB7C-56A9DE563E7D}https://www.pinsentmasons.com/out-law/news/cladding-remediation-bill-impact-scottish-real-estate?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCladding Remediation Bill will have major impact on Scottish real estate Proposed new measures to tackle unsafe cladding in Scotland will have “significant consequences” for the country’s real estate industry when adopted, legal experts have warned.Tue, 21 Nov 2023 10:15:11 Z{34CDF817-264D-4E29-B704-0B9616CD9424}https://www.pinsentmasons.com/out-law/news/ip-risk-posed-nfts-in-art-sport-advertising?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryReport highlights IP risk posed by NFTs in art, sport, and advertisingA new report by a UK parliamentary committee underscores the need for proactive measures to address the intellectual property (IP) challenges posed by non-fungible tokens (NFTs) and blockchain technology in the areas of art, professional sport and advertising, according to one legal expert.Tue, 21 Nov 2023 09:58:49 Z{2A785360-B0EC-4ECC-975A-B044EA959CAE}https://www.pinsentmasons.com/out-law/news/hackers-blow-regulatory-whistle-over-data-breach?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHackers blow regulatory whistle over data breachA group of cyber criminals known for undertaking ransomware attacks on businesses has notified a US regulator about an alleged cybersecurity breach it was responsible for, alleging that the victim also failed to comply with data breach reporting requirements.Mon, 20 Nov 2023 16:08:03 Z{3529BDBB-54B0-44F0-99CB-B14D8C12F56F}https://www.pinsentmasons.com/out-law/news/uk-holiday-pay-rules-leave-room-for-future-changes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDraft reforms to UK holiday pay rules leave room for future changesThe UK government’s response to two post-Brexit consultations on reforming holiday pay leaves the door open for more reforms in the future, according to two legal experts.Fri, 17 Nov 2023 16:02:55 Z{5694A252-21B1-4497-A681-3D2ACBF8F2BB}https://www.pinsentmasons.com/out-law/news/scottish-nhs-rare-hospital-corporate-manslaughter-probe?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryScottish NHS board named in rare hospital corporate manslaughter probe The naming of Scotland’s largest health board as a suspect in a corporate homicide investigation following the death of four patients at a Glasgow hospital campus may underline a commitment to hold those at fault to account, but difficulties with corporate accountability remain, according to legal experts.Fri, 17 Nov 2023 14:25:26 Z{FE635F59-0E61-4F1A-A454-16A10336D125}https://www.pinsentmasons.com/out-law/analysis/labour-promised-blitz-of-english-planning-reform?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryHow Labour’s promised ‘blitz’ of English planning reform might workLabour leader Sir Keir Starmer recently labelled the King’s Speech, which did not include any proposals for planning reform, a “missed opportunity” to provide affordable housing in England.Fri, 17 Nov 2023 12:09:34 Z{7C92A373-EE33-4B15-942E-2930C44DB624}https://www.pinsentmasons.com/out-law/news/eu-finalises-alternative-investment-fund-managers-directive?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+Regulatory EU finalises updates to the Alternative Investment Fund Managers DirectiveThe Council of the EU has published the final text of the amendments to the Alternative Investment Fund Managers Directive (AIFMD) which are a “measured evolution” of the regime, according to a legal expert. Thu, 16 Nov 2023 16:38:06 Z{C2392ACE-06F3-4FF4-88C9-6FD9FCA36839}https://www.pinsentmasons.com/out-law/news/dutch-lock-system-positive-effect-healthcare-system?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch ‘lock’ system has overall positive effect on the healthcare systemA study into an aspect of medicines policy in the Netherlands has found that it has delivered more than $1 billion in cost savings but that it also resulted in that some patients waiting longer to access innovative new treatments.Thu, 16 Nov 2023 16:21:41 Z{3C2148E1-F82A-4ADF-B298-64AC307B31E8}https://www.pinsentmasons.com/out-law/analysis/ofcom-provides-online-safety-act-illegal-harms-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+Regulatory Ofcom provides detail on Online Safety Act ‘illegal harms’ regime Online content platforms operating in the UK should study recent publications issued by Ofcom to get a better handle on how the Online Safety Act will apply to them, and what they can do to meet the new legal requirements around addressing illegal content.Thu, 16 Nov 2023 12:26:52 Z{9D73B98E-3F76-4D93-968D-46F859FBBF40}https://www.pinsentmasons.com/out-law/analysis/partnership-between-the-arts-and-ai?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryMajor deals could signal emerging partnership between the arts and AI The recent explosion in popularity of generative artificial intelligence (AI) has been met with hostility from the arts world, as a result of the myriad issues that have arisen around intellectual property (IP) rights. Wed, 15 Nov 2023 15:52:22 Z{B0A21234-B495-4677-844E-69AD69F36137}https://www.pinsentmasons.com/out-law/news/boe-fca-proposals-for-uk-stablecoin-payment-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryBoE and FCA publish proposals for UK stablecoin payment regimeStablecoins could be used to enhance digital retail payments in the UK under proposals from the Bank of England (BoE) and the Financial Conduct Authority (FCA), but an anticipated slow take-up by consumers may mean the proposed regulatory framework has a greater impact on cross-border payments, according to legal experts.Tue, 14 Nov 2023 15:23:40 Z{C5F1DC79-A019-494D-97D3-8E0A74DED5B2}https://www.pinsentmasons.com/out-law/news/fca-shows-letter-to-wealth-managers-stockbrokers?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA shows ‘assertive and intrusive’ supervision in letter to wealth managers and stockbrokersThe UK’s Financial Conduct Authority (FCA) has set out stringent expectations for wealth management and stockbroking firms and its supervisory priorities, showing its move to become a “more intrusive and assertive” regulator, according to experts in financial services regulation. Tue, 14 Nov 2023 11:11:38 Z{3F0ED41C-4133-466C-A494-B5946125BB61}https://www.pinsentmasons.com/out-law/analysis/trends-shaping-ireland-hedge-funds-market?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryTrends shaping Ireland’s hedge funds marketGrowth in sustainable investing and in the outsourcing of critical functions are two trends emerging in Ireland’s thriving hedge funds market, which consists of over 8,700 Irish domiciled funds with over €3.7 trillion of assets under management.Mon, 13 Nov 2023 09:53:04 Z{D0BEFCEB-E044-4901-899D-E3988C63B0FB}https://www.pinsentmasons.com/out-law/news/uk-russian-sanctions-breaches?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryOwn up to UK Russian sanctions breaches, businesses advisedBusinesses that breach UK sanctions imposed on Russia should notify the authorities if they wish to be eligible for lenient treatment, an expert in sanctions compliance has said.Fri, 10 Nov 2023 09:23:39 Z{6E97F1B1-EE8D-43F2-9954-AB25B69AE247}https://www.pinsentmasons.com/out-law/analysis/fine-to-life-sciences-licensing-requirements?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFine draws attention to life sciences licensing requirementsA recent criminal conviction and fine issued in the UK serves as a sharp reminder to businesses operating in the life sciences and health sector of the importance of checking they have the necessary authorisations to undertake their activities.Thu, 09 Nov 2023 16:57:06 Z{3878CA19-87A8-4602-B0F8-F4F015993CC8}https://www.pinsentmasons.com/out-law/news/uk-move-ahead-automated-vehicles-bill?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK to move ahead with Automated Vehicles BillThe UK government will bring forward an Automated Vehicle Bill over the course of the next parliament, paving the way for use of self-driving vehicles on UK public roads.Wed, 08 Nov 2023 15:30:06 Z{13BCDE38-D310-4855-B471-4B462A172529}https://www.pinsentmasons.com/out-law/analysis/consultation-requirements-for-australian-offshore-projects?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryRecent decisions highlight traditional owner consultation requirements for Australian offshore projectsRecent court decisions regarding the extent of consultation required with traditional owners of land in Australia on environmental plans for offshore gas projects have implications for all offshore projects, including gas projects and offshore wind farms. Wed, 08 Nov 2023 09:18:11 Z{5FA52463-EEC4-47F8-A0AE-E4553182424A}https://www.pinsentmasons.com/out-law/news/capital-requirements-of-uk-securitisation-framework?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCapital requirements become latest focus of UK securitisation framework The Prudential Regulation Authority (PRA) has published a discussion paper on capital requirements for securitisation transactions, the latest part of the UK regulators’ work to implement the post-Brexit regulatory framework for securitisation in the UK. Tue, 07 Nov 2023 11:22:02 Z{F151AECD-CD36-4D2D-A937-9F7DF556F81A}https://www.pinsentmasons.com/out-law/news/fca-set-out-ongoing-consumer-duty?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA sets out its ongoing consumer duty expectations for UK firmsAfter a hectic year working to achieve compliance with the UK’s consumer duty, firms that might have been hoping for a more relaxed run up to Christmas have been left disappointed with the latest message from the Financial Conduct Authority (FCA).Tue, 07 Nov 2023 10:37:05 Z{0BC0829F-EBCF-4ED9-B9E9-E7B6F6DA0550}https://www.pinsentmasons.com/out-law/news/uks-no-fault-evictions-ban-conundrum?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNo ‘quick fix’ for UK’s no-fault evictions ban conundrumThe UK government’s decision to shelve a proposed ban on ‘no-fault’ evictions makes sense, but leaves landlords and tenants in an uncertain position, according to one legal expert. Mon, 06 Nov 2023 11:05:37 Z{0192871C-A19E-4ECA-9E0D-FC4E92AC446F}https://www.pinsentmasons.com/out-law/news/insurance-brokers-body-launches-fair-value-framework?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryInsurance brokers body launches ‘Fair Value Framework’ amid FCA criticismThe British Insurance Brokers’ Association (BIBA) has introduced a new initiative aimed at assisting its members to meet regulatory value requirements. Mon, 06 Nov 2023 10:37:36 Z{6A4EDC1E-6751-4F53-A3C0-7AC710798FEB}https://www.pinsentmasons.com/out-law/analysis/fca-money-mules-aml-focus-payment-account-providers?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA’s ‘money mules’ review flags AML focus areas for payment account providersA recent review by the UK’s Financial Conduct Authority (FCA) of payment account providers and their efforts to combat so-called ‘money mule’ activity has uncovered a number of areas that require further attention within the industry.Fri, 03 Nov 2023 16:50:57 Z{AE32C6A3-F9F8-42DC-A738-53AA97FD908B}https://www.pinsentmasons.com/out-law/news/ai-safety-risk-testing-regime-agreed-at-safety-summit?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAI safety risk testing regime agreed at safety summitArtificial intelligence (AI) models being developed by some of the world’s leading technology companies will be examined by government officials to make sure their use will not cause national security, safety or other societal harms, under a landmark new agreement.Fri, 03 Nov 2023 16:05:22 Z{341DC241-1D3A-4F52-91CE-20FD5B6CAD6C}https://www.pinsentmasons.com/out-law/news/tcfd-climate-related-financial-disclosures-encouraging?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryTCFD progress report on climate-related financial disclosures ‘encouraging’The conclusions of a new study on the progress of international efforts to encourage businesses to disclose climate-related financial information are encouraging, according to two climate risk and sustainable finance experts.Fri, 03 Nov 2023 15:47:40 Z{D92C00B1-0845-4BB5-9A39-83E740F0EE58}https://www.pinsentmasons.com/out-law/news/alternative-voluntary-end-of-service-gratuity-system-takes-effect-in-the-uae?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAlternative voluntary end of service gratuity system takes effect in the UAEThe manner in which end of service gratuity is to be handled in the UAE will be changed substantially, as the UAE Cabinet has issued a resolution to implement a new alternative end of service benefits system.Fri, 03 Nov 2023 12:50:55 Z{D803D9DD-FB11-4E88-AAD1-49448D433464}https://www.pinsentmasons.com/out-law/news/irish-insider-trading-conviction-shows-commitment-to-combat-market-abuse?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIrish insider trading conviction shows commitment to combat market abuseThe first criminal conviction for insider trading in Ireland demonstrates officials’ determination to combat market abuse, according to one legal expert. Fri, 03 Nov 2023 12:17:04 Z{6819A641-DEB1-48B3-9893-004AAC7F38BE}https://www.pinsentmasons.com/out-law/analysis/france-gambling-regulations-updated-21st-century?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFrance’s gambling regulations should be updated for the 21st centuryThe increasing prevalence of gambling and betting in the daily lives of French citizens has presented French legislators with an opportunity to revise the regulatory framework. Fri, 03 Nov 2023 11:47:02 Z{03422A42-488E-4AA5-A8B5-E1DE42E155CB}https://www.pinsentmasons.com/out-law/news/decision-highlights-confusion-uk-regulation-overseas-pension-transfers?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDecision highlights confusion in UK regulation of pension transfers involving overseas investmentsA recent UK pensions ombudsman case highlights the discrepancies between regulations and guidance on the handling of transfers to pension schemes including overseas investments, according to one legal expert.Fri, 03 Nov 2023 09:11:18 Z{00E8F563-8E6B-44A0-AAB6-7F34303AC6D3}https://www.pinsentmasons.com/out-law/news/two-cases-highlight-possible-areas-reform-1954-landlord-and-tenant-act?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryTwo cases highlight possible areas of reform to 1954 Landlord and Tenant ActTwo recent business tenancy appeals in England are likely to catch the eye of the Law Commission as it considers potential reforms to the 1954 Landlord and Tenant Act, according to one legal expert.Thu, 02 Nov 2023 16:14:51 Z{4F6677E7-84B7-42C5-B823-9F649913F86E}https://www.pinsentmasons.com/out-law/news/uk-autonomous-vehicles-law-announcement-anticipated?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK autonomous vehicles law announcement anticipatedFuture demand for autonomous vehicles will be significantly influenced by the extent to which legislators can simultaneously promote innovation and flexibility while addressing safety concerns in the rules they write, an expert has said.Thu, 02 Nov 2023 15:51:15 Z{597E04A3-600A-4964-81C4-D55666175C10}https://www.pinsentmasons.com/out-law/news/lifting-of-uk-bankers-bonus-cap-risks-creating-a-twotier-workforce-warns-lawyer?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryLifting of UK bankers’ bonus cap risks creating a ‘two-tier workforce’, warns lawyer Anne Sammon tells HRNews about some of the implications of the lifting of the bankers’ bonus cap.Thu, 02 Nov 2023 10:53:02 Z{B8CBD953-641D-4300-9C4A-E1FC80D7F029}https://www.pinsentmasons.com/out-law/news/dutch-court-rules-ad-tech-providers-failure-meet-cookie-consent-obligations?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch court rules on ad tech provider’s failure to meet cookie consent obligations.An Amsterdam court has ruled that an ad tech provider was responsible for failing to obtain a website user’s consent to the processing of his personal data collected by placing so-called ‘tracking’ cookies on the user’s device via third-party online publishers it partnered with.Thu, 02 Nov 2023 09:26:46 Z{A87642F6-E89C-4660-8476-282230A30A00}https://www.pinsentmasons.com/out-law/news/us-cloud-providers-to-face-new-ai-cyber-risk-duties?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUS cloud providers to face new AI cyber risk dutiesUS cloud providers are to face new legal obligations to help US authorities identify artificial intelligence (AI) systems being developed by foreign organisations via their cloud-based infrastructure services that could be used in “malicious cyber-enabled activity”.Wed, 01 Nov 2023 16:38:56 Z{832B5400-10FD-408B-8B4C-D0B893D9E80A}https://www.pinsentmasons.com/out-law/news/uk-legislate-cryptoasset-regulatory-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK to legislate for cryptoasset regulatory regimeThe UK government has confirmed that it will legislate for a new regulatory framework for cryptoassets.Tue, 31 Oct 2023 14:46:43 Z{0592E6B9-126C-4D98-9DB8-BF727250BFA5}https://www.pinsentmasons.com/out-law/analysis/why-comparative-efficacy-trials-for-biosimilars-must-go?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryWhy comparative efficacy trials for biosimilars must goMedicines regulators should remove requirements for biosimilar products to pass through expensive comparative efficacy trials to increase patient access to these important medicines.Mon, 30 Oct 2023 17:25:39 Z{ABB67B57-B6C4-49A2-B588-E91E0CFE44DC}https://www.pinsentmasons.com/out-law/news/ai-safety-summit-guidance-for-businesses?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAI safety summit must spur more guidance for businesses now, say legal expertsBusinesses need governments and regulators to come together to provide greater clarification on how existing legislation and regulation globally applies to the use of artificial intelligence (AI) systems, experts have said.Mon, 30 Oct 2023 16:49:45 Z{D304CF45-E519-4399-B12F-74E5B6075203}https://www.pinsentmasons.com/out-law/news/limited-digital-euro-plans-move-forward?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+Regulatory‘Limited’ digital euro plans move forwardThe European Central Bank (ECB) is moving forward with plans to introduce a new ‘digital euro’ currency, but one expert has called into question its likely effectiveness.Mon, 30 Oct 2023 16:08:33 Z{05A6BBB7-5BC6-4868-B7DB-4D56019B19E1}https://www.pinsentmasons.com/out-law/news/equal-pay-claim-risk-uk-bankers-bonus-cap-reversal?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEqual pay claim risk from UK bankers’ bonus cap reversal, says expertBanks should be mindful of the risk of equal pay claims if altering remuneration practices in light of the scrapping of the bankers’ bonus cap in the UK, an employment law expert has said.Mon, 30 Oct 2023 13:41:18 Z{2695CB89-9BBD-4D8F-8ACC-8CF5123C9C44}https://www.pinsentmasons.com/out-law/news/energy-act-uk-security-net-zero-transition?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEnergy Act passed to deliver UK energy security and net zero transitionA wide-ranging new Energy Act has been passed into law in the UK aimed at ensuring long-term energy security and facilitating the country’s transition to a ‘net zero’ energy system.Fri, 27 Oct 2023 15:34:36 Z{D462A363-2978-4B73-9966-807080AEBBCF}https://www.pinsentmasons.com/out-law/news/online-safety-act-uk-law-duties-imminent?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryOnline Safety Act becomes UK law with more detail on duties imminentContent platforms in the UK can expect to receive more details on the steps they might need to take to address the risk of illegal online harms on 9 November, a regulator has confirmed after the Online Safety Act passed into UK law.Fri, 27 Oct 2023 14:00:43 Z{B027F166-954C-4915-944B-AB9FD8A33898}https://www.pinsentmasons.com/out-law/news/fca-against-expanding-access-to-fos-regime-uk-smes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA decides against expanding access to FOS regime to 'larger' UK SMEsThe Financial Conduct Authority’s (FCA) decision to not extend access to the Financial Ombudsman Service (FOS) to ‘larger’ small and medium-sized enterprises (SMEs) in the UK has struck a “sensible” balance, according to legal experts.Fri, 27 Oct 2023 11:30:59 Z{658C37AA-0885-4C83-9C39-24AA3DAE1CEA}https://www.pinsentmasons.com/out-law/news/singapore-to-set-up-centralised-gas-procurement-framework?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatorySingapore to set up centralised gas procurement frameworkSingapore’s government will establish a centralised gas procurement framework which will be responsible for all the power sector’s future gas demand including gas contract renewals. Fri, 27 Oct 2023 01:37:25 Z{802ED171-3CB6-4BB8-8937-D4406E6C869E}https://www.pinsentmasons.com/out-law/news/new-risk-retention-under-the-eu-securitisation-regulation?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNew risk retention technical standards under the EU Securitisation Regulation set to take effectNew regulatory technical standards (RTS) on risk retention under the EU Securitisation Regulation will soon become effective and provide welcome clarity, but post-Brexit divergence between the EU and UK regimes will lead to greater compliance challenges for cross-border transactions, a legal expert has said.Thu, 26 Oct 2023 15:24:37 Z{ED21A1FB-AEBC-4B08-8961-E6215B0C45E6}https://www.pinsentmasons.com/out-law/guides/islamic-finance?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryIslamic financeIslamic finance is one of the fastest growing segments of the global financial system, with an estimated compound annual growth rate of 17% since 2009.Thu, 26 Oct 2023 15:15:02 Z{FCC37E5F-0EE3-4F4F-908E-AA37EC6622F6}https://www.pinsentmasons.com/out-law/news/uk-gdpr-extra-territorial-scope-despite-clearview-ai-ruling?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK GDPR still has extra-territorial scope despite Clearview AI ruling, firms warnedBusinesses that process UK data subjects' data while being based outside the country could still face Information Commissioner’s Office (ICO) enforcement, according to one legal expert, despite Clearview AI's recent successful appeal against a £7.5 million fine.Thu, 26 Oct 2023 12:55:40 Z{F11C6D46-D052-45E7-B625-A34061FA1103}https://www.pinsentmasons.com/out-law/analysis/use-of-restructuring-plans-increases?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryLessons and themes as use of restructuring plans increasesAs we head towards winter, the number of restructuring plans going through the courts is set to increase steadily and, despite growing recognition of impediments in the wake of Brexit, there remains a growing market for international group restructurings in the UK.Thu, 26 Oct 2023 08:45:24 Z{6799C34F-B4CB-4073-8831-A3006ED980C5}https://www.pinsentmasons.com/out-law/guides/advertisers-guide-advertising-regulation-uk?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAdvertising regulation in the UKBusinesses should be aware of the advertising standards that their marketing will be required to comply with. In the UK, different rules apply depending on the medium chosen for advertising.Wed, 25 Oct 2023 15:53:57 Z{777BEA49-F0AE-4513-BA1E-005CEA881064}https://www.pinsentmasons.com/out-law/analysis/uk-fca-crack-down-non-financial-misconduct?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK FCA looks to crack down on non-financial misconductThe UK Financial Conduct Authority (FCA) have set out a series of new proposals designed to put non-financial misconduct (NFM) on a more explicit regulatory footing.Wed, 25 Oct 2023 15:31:31 Z{62208001-6DA7-4CA0-809C-CE474788898B}https://www.pinsentmasons.com/out-law/news/germany-adopts-new-mass-actions-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryGermany adopts new mass actions regimeGermany has passed a national law implementing the EU’s Representative Actions Directive (RAD), governing collective action by consumers.Wed, 25 Oct 2023 15:26:03 Z{405BA191-E9F1-494D-92F5-9F7DA50D229F}https://www.pinsentmasons.com/out-law/news/firms-attention-eu-batteries-regulation?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFirms must pay attention to changes in new EU Batteries RegulationThe EU’s latest attempt to regulate the batteries market includes a number of significant changes that market participants must take into account before its implementation.Wed, 25 Oct 2023 15:13:11 Z{2818F13D-DBDB-495C-AF06-CBF01A259B4C}https://www.pinsentmasons.com/out-law/news/dutch-court-blocks-national-bank-s-levies-for-crypto?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch court blocks national bank’s levies for crypto service providersThe District Court of Rotterdam has ruled that levies imposed by the Dutch National Bank (DNB) on crypto service providers were unlawful, in a highly-anticipated decision.Wed, 25 Oct 2023 12:44:14 Z{B12CA015-BB0D-4337-86D7-BAD6E43CA153}https://www.pinsentmasons.com/out-law/news/uk-government-new-rules-to-restrict-de-banking?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK government to introduce new rules to restrict ‘de-banking’The UK chancellor has announced new rules to restrict the practice of ‘de-banking’ amid reports that some banks may have closed customer accounts because of their political beliefs.Wed, 25 Oct 2023 11:08:00 Z{BEB94DFF-7353-4351-A6E3-61724962EA2C}https://www.pinsentmasons.com/out-law/guides/an-introduction-to-collective-redress-schemes?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatorySetting up a collective redress scheme in the UKCollective redress schemes, often referred to as 'compensation schemes', offer businesses and organisations an alternative means of settling claims or potential claims from a particular class of individuals or customers quickly and economically.Tue, 24 Oct 2023 11:33:24 Z{ECD24DA1-BAE9-4BAF-BF6B-1A931A6EC475}https://www.pinsentmasons.com/out-law/analysis/fca-warns-firms-cryptoassets-financial-promotion-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA warns firms as new cryptoassets financial promotion regime comes into forceThe UK Financial Conduct Authority (FCA) has set out its expectations for firms amid an overhaul of financial promotion rules for cryptoassets.Mon, 23 Oct 2023 10:14:44 Z{D0022DCE-6D2E-4B0E-9AE6-808E6FE0F18C}https://www.pinsentmasons.com/out-law/analysis/credit-suisse-at1-bonds-options-for-bondholders?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryCrédit Suisse AT1 bonds: options for bondholdersInvestors in Crédit Suisse AT1 bonds who suffered financially during its merger with UBS earlier this year have options to help them recover their losses.Mon, 23 Oct 2023 08:44:28 Z{EEE1D967-1DD0-47A1-98AE-1D24A357BCB5}https://www.pinsentmasons.com/out-law/news/uk-international-recognition-procedure-promotes-faster-access-to-new-medicines?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK International Recognition Procedure promotes faster access to new medicinesA new framework set to take effect at the beginning of 2024 aims to bring new medicinal products to the UK faster, an expert has said.Fri, 20 Oct 2023 13:06:58 Z{593D86A9-95BF-45CD-A30D-B34048A578A4}https://www.pinsentmasons.com/out-law/news/infrastructure-key-to-uks-growth-and-climate-targets?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryImproved infrastructure key to meeting UK’s growth and climate targetsA new report has found that massive UK infrastructure investment can boost economic growth and help the country meet its climate goals, as long as it abandons its “disjointed and piecemeal” approach to planning, according to one legal expert.Fri, 20 Oct 2023 08:59:33 Z{70F8EC0A-6B38-464C-B972-EC20DB8D30F8}https://www.pinsentmasons.com/out-law/news/fca-hints-at-sensible-reforms-to-uk-aifmd-regime?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA hints at ‘sensible’ reforms to UK AIFMD regimeProposed changes to the regulation of alternative investment funds in the UK are “eminently sensible”, according to one legal expert.Thu, 19 Oct 2023 15:16:24 Z{707DF7F4-AA3F-4268-99DB-34970E9BD8BB}https://www.pinsentmasons.com/out-law/news/eu-consumer-credit-reforms-finalised?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU consumer credit reforms finalisedNew EU legislation that aims to enhance protection for consumers applying for credit has been finalised.Thu, 19 Oct 2023 15:07:05 Z{5406180B-26AC-4C0D-AF51-B657D15631F7}https://www.pinsentmasons.com/out-law/news/further-progress-on-taiwan-offshore-wind-projects?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFurther progress on Taiwan offshore wind projectsFive developers have signed administrative contracts with the economic affairs authority of Taiwan (MEA) on three planned offshore wind projects.Thu, 19 Oct 2023 07:55:46 Z{F03B2308-BB56-439E-8BE5-3A1EB873942C}https://www.pinsentmasons.com/out-law/news/trustee-ordered-to-pay-730k-into-uk-pension-scheme-after-breaches-of-trust?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryTrustee ordered to pay £730k into UK pension scheme after breaches of trustThe UK’s deputy Pensions Ombudsman (DPO) has ordered a pension scheme trustee to pay over £730,000 back to the scheme, after finding multiple breaches of trust and many acts of maladministration.Tue, 17 Oct 2023 15:43:32 Z{7BEFB253-EC97-40D9-A513-B6451887B28B}https://www.pinsentmasons.com/out-law/news/bernie-ecclestone-guilty-plea-hmrc?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryBernie Ecclestone guilty plea is ‘major return on investment’ for HMRCBernie Ecclestone pleading guilty to failing to disclose £400 million of offshore assets represents a major return on HM Revenue & Customs’ (HMRC) investment in its elite ‘offshore, corporate and wealthy’ (OCW) compliance unit, according to one legal expert. Tue, 17 Oct 2023 14:04:56 Z{BDFBC0E1-B29F-4E54-B66E-C8AA9A30B264}https://www.pinsentmasons.com/out-law/analysis/biomethane-ireland-net-zero-targets?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryBiomethane production can help Ireland reach its net zero targetsBiomethane is a renewable gas which, unlike some other renewable gas forms, is available today to decarbonise Ireland’s energy system and help the country reach its net zero targets.Tue, 17 Oct 2023 13:51:56 Z{DC60EBBB-605F-4CB4-8C13-0E0DD3CD1381}https://www.pinsentmasons.com/out-law/analysis/what-the-fcas-new-data-led-approach-means-for-uk-financial-services?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryWhat the FCA’s new ‘data-led’ approach means for UK financial servicesSince Nikhil Rathi took up the reins as CEO of the FCA, the UK’s financial services regulator has regularly been telling the firms that it oversees that one of its key priorities is to make better and more innovative use of data.Tue, 17 Oct 2023 11:17:11 Z{0757CF78-F13D-4B16-AE9B-ED9078332773}https://www.pinsentmasons.com/out-law/analysis/uae-introduces-stricter-fines-for-commercial-agency-rules-violations?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUAE introduces stricter fines for commercial agency rules violationsThe Ministry of Economy in the United Arab Emirates (UAE) recently issued administrative penalties for violations of the law regulating commercial agencies in an effort to bolster compliance.Tue, 17 Oct 2023 10:24:13 Z{3E382065-C540-479F-A470-C7DBAD7550AF}https://www.pinsentmasons.com/out-law/news/eu-updates-guidance-on-russian-origin-iron-and-steel-ban?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryEU updates guidance on Russian-origin iron and steel banThe EU has updated its FAQs relating to Russian sanctions to include guidance on the new trade sanctions banning the import or purchase, whether directly or indirectly, of certain iron and steel products which undergo processing in third countries and incorporate iron or steel inputs originating in Russia. Fri, 13 Oct 2023 13:00:15 Z{20732A6A-9C1D-46BB-BEA0-3DB75155E420}https://www.pinsentmasons.com/out-law/news/fca-warns-platform-firms-about-exposure-to-high-risk-investments?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA warns platform firms about exposure to high-risk investmentsThe UK Financial Conduct Authority (FCA) has outlined its regulatory priorities for online platforms over the next two years, in a letter to the industry.Fri, 13 Oct 2023 11:50:57 Z{9D51EE93-0D77-4A85-A062-038F069C8045}https://www.pinsentmasons.com/out-law/news/dutch-ruling-highlights-wider-eu-legacy-issues-following-telecoms-regulatory-reform?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch ruling highlights wider EU legacy issues following telecoms regulatory reformA recent ruling by a Dutch court has clarified an important point in relation to the enforceability of legacy national market decisions for fixed and mobile call termination following EU’s regulatory overhaul in the telecommunications industry, and the decision has wider EU impact, a legal expert has said. Fri, 13 Oct 2023 10:33:58 Z{2973987F-AA51-48DD-83F8-2BBEDC0EB09F}https://www.pinsentmasons.com/out-law/news/uk-fraud-agency-plans-uptick-in-enforcement-activity?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK fraud agency plans uptick in enforcement activityThe UK’s Serious Fraud Office (SFO) has unveiled a plan to ramp up the number of investigators and case workers by up to a third, which will enable it to deliver an increasing number of investigations and enforcement work.Fri, 13 Oct 2023 09:44:00 Z{F717D4F9-AE15-4532-93AC-B0C9DEC012AA}https://www.pinsentmasons.com/out-law/news/dutch-authority-calls-for-pre-registration-of-data-intermediation-services-under-eu-data-sharing?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDutch authority calls for pre-registration of data intermediation services under EU data sharing regimeService providers facilitating data sharing in the Netherlands can now submit a preliminary registration to the Dutch consumer & markets authority (ACM), even though national legislation to implement the new EU Data Governance Act is yet to be passed by the Dutch parliament.Thu, 12 Oct 2023 15:33:29 Z{31E5B340-1B73-402A-BC42-3BDDB1DD62E4}https://www.pinsentmasons.com/out-law/news/diversity-key-to-culture-change-fca?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDiversity key to 'culture change' sought by FCA says employment lawyerAction by financial services firms to improve gender and ethnic diversity in senior roles must accelerate in order to deliver the "culture change" sought by regulators, a financial services employment law expert has said.Wed, 11 Oct 2023 11:10:20 Z{FA49837A-F9A6-4913-AD14-CCC4C259775A}https://www.pinsentmasons.com/out-law/news/singapore-conditionally-approves-electricity-import-from-indonesia?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatorySingapore conditionally approves electricity import from IndonesiaSingapore’s energy regulator has granted conditional approval to five projects for importing up to 2 gigawatts (GW) of low carbon electricity from Indonesia, to reach its 4GW target by 2035. Wed, 11 Oct 2023 06:50:48 Z{90BA4217-15A2-4EB7-826C-8BA5454F8521}https://www.pinsentmasons.com/out-law/analysis/forever-chemicals-a-mounting-litigation-risk-for-businesses?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryPFAS: 'forever chemicals' a mounting litigation risk for businessesBusinesses across sectors and throughout supply chains should consider the risk they are exposed to from growing scrutiny of ‘forever chemicals’ amidst increasing commentary about the potential harmful effects and the ongoing drive to restrict their use.Tue, 10 Oct 2023 18:07:58 Z{D62B2531-F6BF-4DFC-91BB-B50BE3C264D2}https://www.pinsentmasons.com/out-law/analysis/frances-cyberscore-law-impacts-online-platforms?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFrance’s ‘Cyberscore’ law impacts online platforms New legislation has come into force in France to make online platforms more distinguishable from one another in relation to the level of cybersecurity they offer. Tue, 10 Oct 2023 08:44:21 Z{88109DE6-9AE4-4F4C-AE3A-6E6FDE71EBB7}https://www.pinsentmasons.com/out-law/news/microplastics-sales-ban-requires-supply-chain-review?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryMicroplastics sales ban requires supply chain reviewProduct manufacturers should review their supply chains ahead of an upcoming EU ban on the sale of goods that release microplastics into the environment when used, an expert has said.Mon, 09 Oct 2023 15:31:54 Z{87CD48A0-7A92-4073-83AC-FD8D486F4C86}https://www.pinsentmasons.com/out-law/news/uk-transition-plan-disclosures-framework-finalised?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK transition plan disclosures framework finalisedA new framework designed to channel finance towards businesses committed to cutting greenhouse gas emissions (GHG) in their operations has been finalised by the UK’s Transition Plan Taskforce (TPT).Mon, 09 Oct 2023 15:09:55 Z{96137D86-D8E4-4642-A0B0-8430BDD99372}https://www.pinsentmasons.com/out-law/news/australia-opens-consultation-on-design-of-hydrogen-guarantee-of-origin-scheme?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryAustralia opens consultation on design of hydrogen ‘guarantee of origin’ schemeThe Australian government has opened consultation on the detailed design for its planned ‘guarantee of origin’ (GO) scheme, which will be used to verify and track emissions associated with hydrogen.Mon, 09 Oct 2023 02:48:14 Z{6B500DE5-5426-4975-8FCD-5C91CAE8F182}https://www.pinsentmasons.com/out-law/news/nis2-guide-cyber-law-interacts-dora?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryNIS2 preparation advised as guide explains how cyber law interacts with DORABusinesses across sectors should consider the extent to which forthcoming new EU cybersecurity laws will apply to them, experts at Pinsent Masons have advised ahead of the approaching one-year deadline for implementation of ‘NIS2’.Fri, 06 Oct 2023 15:03:11 Z{61B104E5-02EB-4051-B29D-DDD26EF15C7E}https://www.pinsentmasons.com/out-law/news/dubais-move-oversee-stablecoins-bring-certainty-regulatory-grey-area?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryDubai’s move to oversee stablecoins should ‘bring certainty’ to regulatory grey areaNew controls over stablecoins by Dubai’s digital assets regulator will provide certainty in Dubai in a market that internationally has ‘worryingly limited regulatory oversight’ an expert has said. Wed, 04 Oct 2023 09:17:04 Z{93B2A610-FACB-4820-BC00-1207A0A524EE}https://www.pinsentmasons.com/out-law/news/uk-regulators-diversity-plans-finance-industry?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryUK regulators’ diversity plans for finance industryPlans by the UK’s two financial regulators to consider non-financial misconduct such as sexual harassment as grounds for regulatory action could pose difficult questions for firms, an expert has said. Thu, 28 Sep 2023 16:27:13 Z{AA66034B-5C24-4855-B9EB-BC7385F8F335}https://www.pinsentmasons.com/out-law/news/fca-outlines-uk-retail-and-wholesale-insurance-market-regulatory-priorities?utm_source=PM+website&utm_medium=feed&utm_campaign=RSS+Outlaw+RegulatoryFCA outlines UK retail and wholesale insurance market regulatory prioritiesThe UK’s insurance industry has been given a clear steer on areas where boards and key decision makers should be focused, as regulator the Financial Conduct Authority (FCA) published a letter outlining its priorities for the retail and wholesale insurance markets in the next two years. Thu, 28 Sep 2023 10:21:30 Z