UK consumer protection law: new Bill will give regulator serious clout
The Digital Markets, Competition and Consumer Bill has finally been put before the UK Parliament and is likely to become law in 2024.
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The Digital Markets, Competition and Consumer Bill has finally been put before the UK Parliament and is likely to become law in 2024.
The highly anticipated Digital Markets, Competition and Consumers (DMCC) Bill was introduced to Parliament on 25 April 2023. Described by Sarah Cardell, CEO of the UK Competition and Markets Authority (CMA) as a "flagship bill" with the "potential to be a watershed moment", the Bill sets out far-reaching changes to the competition and consumer law regimes here in the UK, as well as a new ex ante regime for scrutiny of Big Tech.
Following a protracted consultation process, each of the EU and the UK has now finalised its revised requirements for trade reporting under the European Markets Infrastructure Regulation ("EMIR") following the revision of EMIR in 2019 ("EMIR Refit").
Following repeated postponements, the UK Government has finally published its plans to introduce full border controls on imports of goods from the EU. We explain what this means in practice and what businesses need to do to prepare.
A regular briefing for the alternative asset management industry.
The European Commission (Commission) has issued further guidance on the interpretation of the Sustainable Finance Disclosure Regulation (SFDR). This is in the form of responses to questions put to it in September 2022 by the European Supervisory Authorities (ESAs). The responses include guidance on the definition of sustainable investment, disclosures around the reduction of carbon emissions and principal adverse impact disclosures.
Read and listen to "What’s Happening in Pensions", our regular news briefing covering topical pensions law developments.
UK data protection reform, take 2.
The last few years have seen the development of several new initiatives designed to increase transparency in the real estate sector.
The recent announcement of the UK Government's Payment and Cash Flow Review has once again put the spotlight on late payment clauses and other payment practices. Larger businesses in particular may be criticised for failure to comply with legal requirements or "best practices" in relation to their purchasing activity.
Key employment and business immigration developments for employers.
A regular briefing for the alternative asset management industry.
The EU and the UK are each determined to regulate online content and protect users from online harms. The EU got there first. Its Digital Services Act, which will impact all online intermediaries operating in the EU at varying levels, is already in force.
Read and listen to "What’s Happening in Pensions", our regular news briefing covering topical pensions law developments.
A regular briefing for the alternative asset management industry.
Improving cybersecurity for essential services and infrastructure is high on the agenda for the UK's and the EU's legislators, in response to the ever-evolving threat landscape. The UK's and the EU's respective network and information systems or NIS regimes, while both to be strengthened (including by bringing managed service providers into scope), look to be diverging.
Key employment and business immigration developments for employers.