The Monetary Authority of Singapore (MAS) has released its response to public comments following its October 2022 consultation paper on the proposed regulatory approach for stablecoin-related activities. The MAS response on 15 August 2023 confirms the regulatory approach that will be adopted for single-currency stablecoins (SCS) pegged to the Singapore...

The UK Department of Business and Trade (DBT) has launched a new consultation seeking views on a range of proposed measures across core consumer laws in the UK, entitled " Smarter Regulation: Consultation on Improving Price Transparency and Product Information for Consumers ", which supplements the significant consumer reform proposed...

The Economic Crime and Corporate Transparency Act received Royal Assent on 26 October 2023. You can read about the background to this bill in our earlier Insight . In the words of the Companies House Chief Executive, Louise Smyth, the Act represents the " most significant and far-reaching changes to...

AI and business risk Managing AI risk is rapidly becoming a widespread business consideration. We have brought together our experts across various fields to offer an overview of legal risks arising from this transformative technology, highlighting the additional risks from generative AI. Access the overview . We will also be...

King's Speech 2023 – health and safety aspects The King's Speech , given on 7 November, set out the government's legislative agenda for the current parliamentary session, which is likely to be the last before the next general election. It confirmed a very generally stated intention to protect leaseholders by...

Provisional agreement reached on new EU law on environmental crime The Council and European Parliament have reached a provisional agreement on the proposed law on protecting the environment through criminal law. As noted in our Insight , the new proposal will replace the 2008 directive and aims to improve the...

One of the main areas of concern at the heart of the public debate about the protection of minors online is age assurance: to give children greater protection, it is necessary for content and platform providers to check the age of their users. This is particularly necessary when regulations prohibit...

Several months ago, the European Commission released a draft regulation designed to fundamentally redraw the standard essential patent (SEP) licensing landscape in the EU. The draft regulation has resulted in significant commentary from all sides of the SEP licensing debate. Recently, it has drawn differing opinions from the committees of...

The chancellor of the exchequer's Autumn Statement 2023 this week included a range of proposals and changes for UK pensions. In his speech, the chancellor said he was delivering an "Autumn Statement for growth" and outlined 110 measures to boost British business, including the next steps in the UK pensions...

The long-running saga of the mis-selling of payment protection insurance (PPI) to retail borrowers is still not at an end. Seventeen years on from the Financial Conduct Authority (FCA) first imposing fines for the mis-selling of PPI, the impact of the scandal is still being felt. In just the past...