UK law UK government issues update on future financial services regulatory regime for cryptoassets The UK government has confirmed its final proposals for cryptoasset regulation in the UK, including its intention to bring a number of cryptoasset activities into the regulatory perimeter for financial services for the first time. It has responded to the consultation…
Ofcom has updated its guidance on net neutrality. It says that net neutrality supports the “open internet”, ensuring that users of the internet (both consumers and those making and distributing content) are in control of what they see and do online – not the broadband or mobile providers (i.e. internet service providers). The net neutrality…
The High Court has issued its ruling in the case of Capita Business Services Ltd v IBM United Kingdom Ltd [2023] EWHC 2623 (Comm). The dispute arose in the context of an agreement between Capita and IBM. Under the contract, Capita subcontracted the provision of certain IT-related services to IBM. These included services for the…
Read More… from High Court considers the interpretation of the phrase “it is assumed”
The Online Safety Act 2023 has finally received Royal Assent, after completing the parliamentary process in September. The Act imposes on duties on social media regarding the content they host. These duties include: removing illegal content quickly or prevent it from appearing in the first place, including content promoting self-harm; prevent children from accessing harmful…
UK law Competition Appeal Tribunal grants permission to serve out of jurisdiction in collective damages action against Google The CAT has published a reasoned order in Case No: 1606/7/7/23 granting permission for the proposed class representative, S, to serve a collective proceedings claim form on Alphabet Inc, Google LLC and Google Ireland outside the jurisdiction….
The UK Jurisdiction Taskforce (UKJT) is a part of LawtechUK, an industry-led group tasked with supporting the digital transformation of the UK legal services sector and with positioning English law as a law of choice for new technologies. The UKJT brings together the judiciary, the Law Commission of England and Wales, regulators and technology and…
Read More… from UKJT consults on digital assets and English insolvency law
The High Court has ruled in favour of the defendant, Pinewood Technologies in Pinewood Technologies Asia Pacific Ltd v Pinewood Technologies plc [2023] EWHC 2506 (TCC). Pinewood is a UK-registered company and a subsidiary of Pendragon plc, an automotive retailed. It develops and supplies a dealer management system for the automotive industry. Typically, Pinewood Technologies…
Read More… from High Court holds that contractual claim excluded claim for loss of profit
The European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) have issued a Joint Opinion on the proposed Regulation on the digital euro as a central bank digital currency. The digital euro aims to facilitate electronic payments by individuals, both online and offline, as an additional means of payment alongside cash. The…
Clearview provides a service that allows customers, including the police, to upload an image of a person to the company’s app, which is then checked for a match against all the images in the database. The app then provides a list of images that have similar characteristics with the photo provided by the customer, with…
Read More… from First-Tier Tribunal overturns fine of £7.5 million by ICO on Clearview AI
The Culture, Media and Sport Select Committee has published its report NFTs and the Blockchain: the risks to sport and culture. It notes that while sales of NFTs peaked last year and that they may not reach the same level of popularity again, concerns remain over how traditional regulatory regimes have been exposed by the…
Read More… from Select Committee report on NFTs in sport and culture published