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    22/01/2025
    Ungarn

    Hungary introduces new comprehensive laws for NIS2 transposition

    On 20 December 2024, the Hungarian Parliament adopted Act LXIX of 2024 on Cybersecurity in Hungary ("Cybersecurity Act"), which repealed the  partial NIS2 transposition Act XXIII of 2023 on Cybersecurity Certification and Cybersecurity Supervision. The new Cybersecurity Act, which went into effect on 1 January 2025, and Government Decree 418/2024 (XII. 23.) on the implementation of Hungary’s Cybersecurity Act transposes the EU’s NIS2 Directive, introduces additional network and information security requirements and establishes related supervisory and procedural rules.What entities...
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    20/01/2025
    South Africa

    Compliance Alert: Beneficial Ownership Filings and Securities Registers

    On 10 January 2025, the Companies and Intellectual Property Commission (“CIPC”) issued a notice along with a list of non-compliant entities urging them to submit their beneficial ownership declarations and securities registers by 21 January 2025, failure of which will result in the non-compliant entity being prohibited from transacting with the CIPC. Non-compliant entities will receive compliance notices from the CIPC and may be subjected to administrative fines or ultimately the deregistration of the company.The filing of beneficial ownership declarations and securities registers has...
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  •  
    15/01/2025
    China

    2025 – Topics that may Concern You

    Companies doing business in China constantly have to deal with changes in regulations and new laws. This will also continue in 2025.Topics such as the new PRC Company Law, new PRC Tariff Law, PRC Regulations on Export Control of Dual-Use Items, network data security management, data transfer, opening up capital markets to foreign investment, and raise of statutory retirement age of employees etc. will continue to be a concern for many companies in China in 2025.Complying with regulatory requirements is one of the key challenges for foreign companies and investors in China, not only in terms of...
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    15/01/2025
    England and Wales

    The Online Safety Act: Outlook for 2025

    The Online Safety Act 2023 (“OSA”), which sets out new laws aimed at protecting children and adults online, received Royal Assent on 26 October 2023, however 2025 will be the year that most of its provisions come into force. The OSA places new obligations and duties on user-to-user (including social media) and online search platforms, including requiring them to implement systems and processes to reduce the risk of such services being used in a way that is illegal or harmful for users.Although the OSA was enacted in 2023, many of its provisions are not yet in force and are awaiting...
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  •  
    14/01/2025
    United Kingdom

    Copyright and AI: how is the UK government proposing to strike a balance between the creative industries and AI sector?

    On 17 December 2024, the UK government published a new consultation on copyright and artificial intelligence (“AI”), seeking views on how to ensure the legal framework in the UK for copyright and AI can support both the creative industries and the AI sector.This is the third consultation on AI and intellectual property (“IP”) in the last five years. The 2020 call for views covered patents, copyright and related rights, designs, trade marks and trade secrets. Based on the response to that call for views, the UK government decided to consult further, in 2021, on how AI should...
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  •  
    14/01/2025
    United Kingdom

    High Court dismisses claim against Betfair: the gambling industry does not owe a general duty of care to its customers

    Overview In a significant judgment, the High Court has reaffirmed the decision in the case of Calvert v William Hill [2008] EWCA Civ 1427 that gambling operators do not owe a general duty of care to their customers.This judgment will provide gambling operators with helpful clarity as to their obligations to customers as distinct from their regulatory obligations.BackgroundMr Gibson lost £1,480,728.84 gambling on the outcome of sporting events (mainly football matches) over a period of 10 years on the Betfair betting exchange. He then sought to recover a significant portion of those losses...
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