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Who has won the MAP awards? Dispute prevention and resolution is a key theme of the OECD’s annual “Tax Certainty Day”. The 2024 edition took place in Athens on 15 November 2024. Mutual agreement procedure (MAP) and advance pricing agreement (APA) statistics were published, and...
DMCC Act seeks to make consumer protection fit for the digital age The UK Digital Markets, Competition and Consumers Act 2024 (DMCC Act) received Royal Assent on 24 May 2024, bringing in long-anticipated reforms to UK competition and consumer protection laws which are aimed at forging a UK regulatory framework fit for...
Ofcom open letter clarifies how Online Safety Act will apply to GenAI On 8 November, Ofcom published an open letter to online service providers clarifying how the UK’s Online Safety Act (‘OSA’) will apply to generative AI and chatbots, following a number of concerning cases of their use. As a brief reminder, the OSA has...
AI Regulation Update: New EU Product Liability Directive Approved by Commission AI regulation in the EU was never just about the EU AI Act – the AI Act was part of a package that included a new AI Liability Directive and an updated Product Liability Directive . While the future of the former is unclear, the latter was approved by the...
AI in recruitment: ICO publishes recommendations The Information Commissioner’s Office (ICO) has published the outcomes from a number of consensual audits it conducted on the use of AI tools in recruitment in its audit outcomes report (Report). The ICO concluded that there were “considerable areas for...
Who’s responsible for what? EDPB’s opinion on the responsibilities of controllers and processors The European Data Protection Board (EDPB) has adopted an Opinion on the split of controller and processor responsibilities and the implications for their contractual arrangements. This reflects, in the main, a one-size-fits-all approach, with the...
Borders of Smoke and Steel: The UK CBAM Consultation Response In a world where borders are often seen as barriers, greenhouse gases remain unconfined, drifting across seas and skies, untethered to nations or geographies. The United Kingdom is now primed to erect a new type of border: motivated not by exclusion, but...
New winds blowing: Bank of England publishes speech on AI and financial stability Last week the Bank of England (the Bank) published a speech delivered by Sarah Breeden, the Bank’s Deputy Governor for Financial Stability, on the impact of artificial intelligence on financial stability. Particularly interesting, from our perspective,...
Following in the UK’s footsteps? Towards a Digital Fairness Act in the EU Earlier this month, the European Commission published its long-awaited report on its Digital Fairness ‘Fitness Check’, where it evaluated three key EU consumer law Directives to establish whether they remain fit for purpose in the digital age.  The...
Ofcom announces updated timelines for Online Safety Act implementation Ofcom has published an updated timetable outlining its plans for the implementation of the Online Safety Act (‘OSA’), with new duties on online services due to kick in from March 2025.  Who does the OSA apply to? The OSA captures two key categories of...