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Ministers unveil reforms to UK’s anti-money laundering regulations

Pencheva said: “This requirement is a quasi-‘change in control’ process for cryptoasset firms."

New UK data mining copyright exception ‘welcome news’ for AI developers

The government also confirmed that there were no planned changes to UK patent law for AI-devised inventions.

New heat network zoning proposals ‘key’ to reaching UK’s net zero goals

Using large-scale renewable and recovered heat sources in this way - such as waste heat from industry and heat from rivers and mines - could help reduce reliance on fossil fuel-based methods of heating.

Simplification of UKCA product marking process ‘cautiously welcomed’

The new mark covers most goods which previously required the ‘CE’ marking and reverse epsilon markings that are applied to products in the European Union.

UK Building Safety Act’s impact on defective premises claim limitation periods

The reform, one of the most controversial aspects of the BSA, will require businesses in the construction industry to review their positions under the new regime.

Implementation of the EU Directive on Transparent and Predictable Working Conditions

Employers should plan to review their template contracts of employment to ensure consistency with the Directive.

Harneys advises on the BVI FSC’s second successful admission to the Regulatory Sandbox

Structure.fi is opening the product to a growing number of participants; obtaining real time feedback from users in order to bring a product to market that fulfils their commitment to create a platform that works for the broadest range of potential invest

The Bill of Rights Bill: an overview

The Bill confers no new rights.

Report provides insight into first three months of UK’s new national security and investment regime

Under the 2021 National Security and Investment Act (NSIA), businesses and investors must notify the government of certain ‘notifiable acquisitions’ that relate to 17 sensitive areas of the economy.

Duty to preserve documents in litigation and arbitration in Singapore and Hong Kong

Parties and their lawyers should therefore consider a document management system long before any disputes are in contemplation.

Caution: A Discloseable Transaction for Acquiring a Greenfield Project Was Ruled a Reverse Takeover by HKEX

Target had signed relevant contracts but yet to commence operations.

Pensions disputes: Ombudsman backs providers' commercial common sense

The provider is entitled to exercise its own commercial judgment when setting those processes.

European Parliament and Council Reach Political Agreement on CSRD

The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope.

Plans to regulate UK fusion energy sector ‘help do away with uncertainty’

The government also said it would be “disproportionate and unnecessary” to incorporate fusion energy facilities into nuclear regulations, because of the fundamental differences between nuclear fission and fusion.

UK government announces further details of reform of unregulated consumer credit

Ministers said the change would allow the regulator to respond faster to emerging developments in the consumer credit market.

Dentons launches new digital Antitrust Verticals comparison tool

With Dentons’ Antitrust Verticals tool, businesses can review and compare different distribution models in relation to topics such as retail pricing, exclusivity, online sales and non-compete restrictions.

UK Government sets out its plans for UK data protection reform

The UK Government has confirmed that it will proceed with introducing under the Bill a limited list of legitimate interests for businesses to process personal data without applying the balancing test.

Singapore to amend financial crime rules for business service providers

The proposals also require nominee directors and shareholders to disclose their nominee status and their nominator’s identity.

Irish Central Bank: insurance platforms must ensure suitability of senior staff

Ireland continues to be among one of the most attractive locations within the EU to establish an insurance or reinsurance intermediary (together, ‘intermediary’) platform.

Managing settlement of construction project claims in Qatar

Achieving amicable settlement of these claims is a top priority for both developers and contractors and will be pivotal to the successful conclusion of projects

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