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United Kingdom Regulatory Agenda Regulatory Reform

Skadden, Arps, Slate, Meagher & Flom LLP

New UK Government Announces AI and Cybersecurity Reforms

Last month the new Labour government in the UK announced in the King’s Speech that it will introduce new artificial intelligence (AI) rules alongside cybersecurity and digital information bills. A brief overview of these...more

A&O Shearman

U.K. finalizes new consumer antitrust and digital markets regime

A&O Shearman on

The Digital Markets, Competition and Consumers Act 2024 has finally been enacted. It introduces significant changes to U.K. merger control and antitrust rules, establishes a new consumer protection regime and introduces a...more

Eversheds Sutherland (US) LLP

National Security Act of 2024 extends statute of limitations for sanctions violations to 10 years

The measure also harmonizes Russia sanctions rules with allies, and intensifies penalties against Iran - The National Security Act, 2024 (Pub. L No 118-50) was enacted on April 24, 2024. In addition to the Act’s provisions...more

Akin Gump Strauss Hauer & Feld LLP

Akin Intelligence - March 2024

Welcome to the March edition of Akin Intelligence. This month, the EU AI Act was approved by the European Parliament, moving one step closer to becoming the first major AI law. In the U.S., the DOJ brought criminal charges...more

A&O Shearman

Antitrust in focus March 2024

A&O Shearman on

This newsletter is a summary of the antitrust developments we think are most interesting to your business. Thomas Masterman, partner based in London, is our editor this month. He has selected: Out now: our latest global...more

A&O Shearman

Summary of 2024 Amendments to the Equality Act 2010

A&O Shearman on

We are kicking off 2024 with an examination, over a series of blog posts, of some important developments in equality and discrimination law, including legislative changes, updated EHRC guidance on employer duties to take...more

A&O Shearman

Pensions: what's new this week - 15 January 2024

A&O Shearman on

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover the the publication by the TPR of the...more

A&O Shearman

What UK readers could not get enough of in 2023 the top five blog posts revealed

A&O Shearman on

2023 saw a raft of UK law reforms concerning economic crime and continued scrutiny of business risk concerning human rights and greenwashing. This is reflected in the blogs our subscribers were most interested in reading in...more

Skadden, Arps, Slate, Meagher & Flom LLP

The Capital Ratio: Roundup of Upcoming UK Regulatory Reforms for Financial Institutions

UK regulators have recently announced a number of reforms for banks and other financial institutions. - On 23 November 2023, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) (together,...more

Mayer Brown

UK Government to launch new unit to enforce export controls and trade sanctions

Mayer Brown on

On 11 December 2023, the UK Government announced plans to create the Office of Trade Sanctions Implementation (OTSI), a new governmental body that will be responsible for inter alia the civil enforcement of UK trade...more

White & Case LLP

FCA DP23/4: UK Regulation of Stablecoins

White & Case LLP on

On 6 November 2023, the UK Financial Conduct Authority ("FCA") set out proposals for its regulation of fiat-backed stablecoins ("DP 23/4"). DP 23/4 invites stakeholders to provide feedback by 6 February 2024....more

Skadden, Arps, Slate, Meagher & Flom LLP

AI Insights: Public Consultation Period Closes for French CNIL Guidance on GDPR-Compliant Development of AI Systems

On 16 October 2023, France’s Data Protection Authority, the National Commission on Informatics and Liberty (CNIL), issued a set of guidelines for complying with the EU General Data Protection Regulation (GDPR) when...more

Perkins Coie

UK Online Safety Act Becomes Law: What To Expect Next

Perkins Coie on

Last week, the UK’s Online Safety Bill received royal assent and became law. With this development, Ofcom, the regulator for the new Online Safety Act (the Act or OSA), has published a roadmap to explain how the Act will be...more

Faegre Drinker Biddle & Reath LLP

The UK’s Online Safety Bill – Implications for US and International Businesses

On 19 September 2023, the UK Parliament passed the Online Safety Bill (“OSB”). The OSB aims to protect individuals from illegal online content and focuses on the protection of children by requiring the removal of content that...more

Walkers

Names and Claims – ESMA probes use of generic ESG terms in EU funds

Walkers on

Yesterday, ESMA published a risk analysis report outlining the results of its disclosure study on ESG names and claims in the EU funds industry. ESMA utilised natural language processing ("NLP") techniques to analyse the...more

A&O Shearman

French law revisits the MiFID RTO Service definition

A&O Shearman on

A new decree no. 2023-813 of 22 August 2023 (the Decree) just amended the French definition of the MiFID service of reception and transmission of orders (the RTO Service) since 1st September 2023....more

Cadwalader, Wickersham & Taft LLP

UK Climate Change Committee’s 2023 Progress Report Urges Action to Meet Climate Targets

The UK Climate Change Committee (CCC) recently released its 2023 statutory report, evaluating the UK’s progress towards reducing greenhouse gas emissions and meeting carbon reduction targets. This report, mandated by the...more

White & Case LLP

Eye on AI: AI Governance and Regulation

White & Case LLP on

Even as the "godfathers" of generative AI (Geoffrey Hinton, Yoshua Bengio and Yann LeCun) disagree about the potential threat to humanity, policymakers, researchers and leading tech executives are calling for government...more

A&O Shearman

New York proposes sovereign debt restructuring legislation

A&O Shearman on

Legislators in the State of New York (NY), whose law governs many sovereign debt contracts, introduced three general categories of bills related to sovereign debt restructurings. The first is intended to provide support under...more

A&O Shearman

Renters (Reform) Bill

A&O Shearman on

Following the Bill’s introduction to Parliament, there has been a focus on the abolition of Section 21 “no fault” evictions, but there are also other key changes to consider....more

A&O Shearman

UK Data Reform is back Data Protection and Digital Information Bill (no2) is laid to Parliament

A&O Shearman on

The story so far - In July 2022 the Data Protection and Digital Information Bill (the original Bill) was introduced into Parliament and we finally got sight of the UK Government’s intended direction for data protection...more

A&O Shearman

What UK readers couldn’t get enough of in 2022 - the top five blog posts revealed

A&O Shearman on

2022 saw a big shift in the geo-political climate and a bedding in of the new hybrid working world. These two developments are reflected in the blogs our subscribers were most interested in reading. Readers remain focused on...more

Littler

UK to Shift Away From GDPR: Government Consultation Confirms Plans to Change UK Data Privacy Regime

Littler on

The UK government is proposing to amend its data privacy regime to make it easier for employers to comply with its requirements. The main points that would impact employers (if implemented) are that it would be easier to...more

Dechert LLP

Online safety and social media regulation gains momentum on both sides of the Atlantic – are tech giants ready?

Dechert LLP on

When the UK Government first introduced the Online Safety Bill (the "Bill") to Parliament, it lauded the Bill as creating "world-leading online safety laws" which "marked a milestone in the fight for a new digital age". The...more

Proskauer Rose LLP

Regulation Round Up - March 2022

Proskauer Rose LLP on

Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation. Key developments in March 2022: 31 March - The European Securities and...more

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