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Climate risk and the Pension Schemes Act Subject to approval by Parliament, detailed new requirements for trustees of larger occupational pension schemes to manage, and disclose their approach to, climate-related risks and opportunities, will come into force in October 2021. The proposals are... Data Privacy Newsletter - Issue 14 Slaughter and May Data Privacy Newsletter - Issue 14. Selected legal and regulatory developments in data privacy - November 2020. On behalf of the whole team at Slaughter and May, I hope you are still keeping safe and well during these challenging... EFIG: European Banking Newsletter - October 2020 Developments in this month's edition include: Cyber resilience – ECB launches new initiative to facilitate cyber information and intelligence sharing Close cooperation – ECB lists Bulgarian and Croatian banks it will directly... The perils of data: are mass claims for data privacy breaches the new norm? Bigger claims and bigger damages; handling collective actions in a world of third party funding and increased individual awareness A version of this article first appeared in the Privacy Laws & Business UK Report, Issue 112 (November... New Hong Kong regulatory regime for Virtual Asset Exchanges On 3 November 2020 the Financial Services and the Treasury Bureau issued a consultation paper to introduce a new licensing regime for virtual asset exchanges (VA exchanges). This client briefing considers the proposals in more detail, including how they... New horizons: quantum computing and the banking sector In this article we provide a brief overview of the central tenets of quantum computing, before focussing on its potentially profound implications for the banking sector. The stage is set for quantum computing to bring about seismic changes in... The Legal 500: Blockchain Country Comparative Guide 2019 - Hong Kong chapter The Blockchain Country Comparative Guide aims to provide an overview of the law and practice of blockchain law across a variety of jurisdictions. This chapter relates to HK law. Please provide a high-level overview of the blockchain market in your... Towards an AI powered UK in financial services TheCityUK launched a new report today which looks at how AI is impacting UK-based financial and related professional services. Ben Kingsley, co-head of Slaughter and May’s Emerging Tech group, was part of a work stream that oversaw production of the... Data Privacy Newsletter - Issue 25 In this issue: Legal updates, case law update, regulatory guidance, enforcement overview, views from Brazil, Data Privacy at Slaughter and May Welcome to the summer edition of our newsletter. There certainly has been a season change in the political and... How should privacy teams manage AI? It takes a village “New tech, old tricks” – those were the words of John Edwards about genAI in a recent speech. Given the unprecedented growth of ChatGPT, now hitting 100 million users, and that business uptake of AI is increasing at pace (with a nearly 40% increase in UK...