UK Knowledge Collection | New UK digital markets regime, the EU AI Act, and logistics developments
Published on 24th May 2024
Welcome to this week's Knowledge Collection
A new regulatory regime for digital markets in the UK is to be ushered in, along with significant reforms to competition and consumer law. The Digital Markets Competition and Consumer Bill was passed yesterday in Parliament and is expected to receive royal assent today, as part of the "wash up" of legislation in the wake of Wednesday's general election announcement. Our Insight looks at what changes businesses should be aware of at this stage.
Our compliance webinar next week looks at the competition regulator's approach to green agreements between competitors, and how businesses can use the exemptions in its guidance to pursue their sustainability strategies without breaching competition rules.
The EU's AI Act regulating artificial intelligence has been approved by the Council of the EU and the first prohibitions will come into effect at the end of the year, with sizable fines for breach. Our Insight outlines which businesses will be affected (which goes beyond those established in the EU) and what they should do to prepare for the staggered implementation deadlines and ensure they will be compliant.
And our supply chains and logistics webinar series resumes next month, beginning with a look at the impact of the challenging economic climate on completing logistics developments and then turning to the importance of co-location in urban logistics and the planning issues involved.
Recent Insights
Are you ready for the UK Digital Markets Competition and Consumers Act?
The new law not only introduces a new digital markets regulation regime, but also makes important changes to competition and consumer law.
Read more >
Portfolio managers will be covered by the Sustainability Disclosure Requirements
The Financial Conduct Authority has published a consultation paper with proposals to extend the Sustainability Disclosure Requirements and investment labels regime to portfolio management.
Read more >
Employment Law Coffee Break
Our update for UK employers considers forthcoming employment law reforms (and potential for further reform following the general election), an Employment Appeal Tribunal decision on disability and unfavourable treatment, and discretionary pension increases in final salary schemes.
Read more >
When will businesses have to comply with the EU's AI Act?
With the AI Act now approved by the Council of the EU, affected businesses should prepare for the first compliance deadline at the end of this year.
Read more >
Upcoming Events
Eating Compliance for Breakfast | Green agreements guidance: updates from the UK competition regulator
30 May | 09:00-09:30
The session will discuss green agreements, collaboration initiatives with competitors and how future projects can make use of the competition law exemptions in the CMA's green agreements guidance.
Register now >
London International Disputes Week | 3-6 June
In its fourth year, London International Disputes Week explores the theme of "Uniting for global challenge and opportunity". Our Disputes team is supporting the following sessions, three of which we are hosting in our London Wall office.
International Arbitration Day: Space – the new disputes frontier | 3 June | 16:30-18:30
International Arbitration Day: Silicon Valley leads the way – is arbitration the answer for tech disputes? | 3 June | 16:30-18:30
When alternative becomes mainstream: the future for ADR on the global construction stage | 5 June | 09:00-10:30
The impact of Satoshi Nakamoto on English law | 5 June | 09:00-10:30 | One London Wall
Crypto fraud: interim relief in the English courts | 5 June | 11:00-12:30 | One London Wall
Arbitral Institutions' Congress | 5 June | 09:00-15:30
A new aggressive dawn in UK corporate crime enforcement? What the new Serious Fraud Office regime may mean for UK and international business | 5 June | 16:00-17:30
Construction disputes skills crisis? | 6 June | 09:30-10:30 | One London Wall
Annual Data Forum
4 June | One London Wall | 08:30-12:30 and 13 June | Halo, Bristol | 13:30-18:00
Our international data team provide both a UK and EU perspective on developments in the world of data law and regulation. These include online advertising; enforcement and cyber trends; and ICO trends and priorities. The event will include a mix of practical case studies, discussion points and a panel session.
View London event and Bristol event
The challenging economic climate of completing logistics developments
5 June | 10:00-10:45
Businesses involved in the financing, development and operation of logistics assets face an increasing number of challenges. How can they minimise potentially costly delays?
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Unlock development potential: the power of co-location
12 June | 10:00-10:45
Integrating warehouses into mixed-use urban areas can be legally challenging with important planning considerations often overlooked. The session will focus on strategies to gain planning permission and for the important planning considerations for logistic hub development in cities.
Register now >
