UK Knowledge Collection | Autumn Budget, data law reform, and Online Safety Act implementation
Published on 1st Nov 2024
Welcome to this week's Knowledge Collection
Earlier this week, the chancellor of the exchequer announced the first Budget since the government's election. Our tax team provides an overview on the business tax measures announced, and you can read more Insights about the impact of the Budget on business, including the changes in relation to pensions.
Also this week, the government published its much-anticipated data bill. While much of it is not new, the bill goes well beyond data protection and contains many intricate provisions, with more to be fleshed out in secondary legislation. Our Insight looks at some of its principal provisions.
The phased implementation of the Online Safety Act is largely on schedule. Services caught by the Act will have just three months to conduct their illegal content risk assessments once Ofcom's code of practice on illegal harms is published in December.
Our Regulatory Outlook now covers digital regulation, alongside updates on areas such as ESG, consumer law, and advertising and marketing. Next month's edition will be preceded by our All Day Breakfast in-person event in London, which rounds up a number of pressing business compliance issues, including how to manage ESG obligations strategically, and to mitigate risk in specific areas: failure to prevent tax evasion; anti-money laundering; competition compliance under the Digital Markets, Competition and Consumer Act; and sanctions.
Recent Insights
UK Autumn Budget 2024: what UK business tax measures were announced?
Rachel Reeves has announced significant tax and spending measures to address a multi-billion-pound deficit in public finances and encourage economic growth.
Read more >
The UK Data (Use and Access) Bill – what businesses should be aware of
The wide-ranging Data (Use and Access) Bill covers much more than changes to data protection rules and is intended to help grow the economy, improve public services and make people’s lives easier.
Read more >
Regulatory Outlook
Our monthly update of forthcoming regulatory developments across 19 areas (including digital regulation, cyber security, data law, sanctions and ESG), to help businesses navigate the UK's fast-moving compliance landscape.
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Online Safety Act 2023: time to prepare as UK's Ofcom confirms start of illegal content duties
Ofcom has published its updated implementation roadmap for the Online Safety Act. It has confirmed its code of practice on illegal content duties will be published in December.
Read more >
EU Carbon Border Adjustment Mechanism: how to stay ahead of the 'carbon curve'
The EU Carbon Border Adjustment Mechanism places demanding obligations on companies that are set to increase from 2026. Businesses should review their supply chains, importer status and data collection – and be aware a UK CBAM is pending.
Read more >
Upcoming Events
Navigating the future of IP
AI and IP: case law and legislative developments
4 November | 16:00-17:00
An international overview of what to consider when using artificial intelligence, including protecting output, defending rights and avoiding infringement of third-party rights.
The value of data and IP
6 November | 16:00-17:00
Insights from the EU and UK on accessing data, understanding its value, and leveraging IP rights to exploit and protect data assets.
Trade mark trends 2024: UK and EU case review in the Brexit era
11 November | 16:00-17:00
A review of UK and EU trade mark and soft IP cases from 2024, and the differences and similarities between the UK and EU nearly five years post-Brexit.
Current trends and hot topics in AI licensing
13 November | 16:00-17:00
This webinar will explore licensing AI technologies and AI-generated output, best practices for negotiations, ensuring compliance and protecting IP.
Lessons from the first 18 months of the Unified Patent Court
19 November | 16:00-17:00
A discussion of the latest case law for life sciences companies, and practical steps to help businesses prepare to successfully enforce and defend their rights before the UPC.
The changing landscape for platform liability in the EU and its impact in the UK
20 November | 16:00-17:00
Recent developments and case law in the liability of online platforms for IP infringements in the EU via the Digital Services Act and the national implementations in Germany and France, and the current position in the UK.
OTT Forum
19 November | One London Wall | 09:00-12:00
An in-person forum for legal counsel from businesses with over-the-top subscription services will explore topics including the EU digital fairness fitness check; the Digital Markets, Competition and Consumers Act; recent UK advertising laws and cases; developments in France and Poland; consumer enforcement in Germany; and BEUC's Game Over report.
Register now >
The All Day Breakfast
20 November | One London Wall | 08:30-12:30
An in-person conference on pressing compliance issues, featuring a workshop on aligning with ESG obligations and specialist roundtables on topics including failure to prevent tax evasion, anti-money laundering risk, sanctions and more.
Register now >
Life Sciences Academy | AI in pharma and medtech - case studies
10 December | 16:00-17:00
A webinar exploring how AI tool and AI-developed results are protectable under IP laws, the challenges of protecting of training data and trade secrets, and the regulatory landscape around AI in clinical trials, marketing authorisations and pharmacovigilance in both the EU and UK.
Register now >
