Technology, Media and Communications

Recent Articles

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  08/07/2025

  England and Wales

  Prize draws and competitions in the spotlight: A voluntary code or future regulation?

  The results of a report commissioned by the Department of Culture, Media and Sport (DCMS) into the prize draws and competitions (PDC) market were published on 26 June 2025. DCMS commissioned London Economics in August 2023 to conduct research to provide DCMS with a better understanding of the PDCs markets, with a view to considering whether any government intervention may be required in the sector and, if so, what form that intervention could take.How are PDCs currently regulated?PDCs, unlike lotteries, are not currently regulated under the Gambling Act 2005 in Great Britain. Whilst PDCs exhibit...

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  03/07/2025

  Singapore

  Singapore issues advisory urging organisations to cease use of NRIC numbers for au­then­tic­a­tion purposes

  On 26 June 2025, Singapore’s key data protection and cybersecurity authorities, the Personal Data Protection Commission (“PDPC”) and the Cyber Security Agency (“CSA”), issued a joint advisory (“Advisory”), with support from the Ministry of Digital Development and Information (“MDDI”) by way of a press release (“MDDI Press Release”), calling on private sector organisations to stop using NRIC numbers as passwords or authentication credentials. The Advisory echoes the MDDI and PDPC’s positions in media statements released in December...

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  30/06/2025

  Hungary

  Hungary to criminalise crypto-asset exchange violations with restrictive validation obligation for service providers and clients

  Hungary has passed a legislative package amending Act C of 2012 of the Criminal Code and Act VII of 2024 on the crypto-asset market (i.e. the Crypto Act), which introduces a new element: the crypto-asset validation service provider that was created to enhance security and transparency, but in the process produces a more centralised and restrained transaction scheme tainted by possible criminal sanctions.New player in the crypto ecosystem: crypto-asset conversion validation service providersPursuant to the amendments to the Crypto Act effective 1 July 2025, exchanging crypto-assets for funds or...

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  27/06/2025

  Europe

  EBA Issues No-Action Letter on dual licensing of EMT services under MiCA and PSD2

  On 10 June 2025, the European Banking Authority (“EBA”) published a No-Action Letter addressed to national competent authorities (“NCAs”) across the EU. The letter provides, amongst others, regulatory guidance on how to treat certain crypto-asset services involving Electronic Money Tokens (“EMTs”) during the transitional period before the Payment Services Regulation (“PSR”) and the Third Payment Services Regulation (“PSD3”) come into effect. EBA’s position is that, for now, some EMT-related services will require dual authorization...

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  26/06/2025

  Hungary

  Hungary to implement new laws on registration and termination procedures of legal entities in 2027

  On 1 January 2027, Hungary will replace the current laws regulating the registration, supervision and termination of legal entities with new legislation. These new laws will streamline and centralise the registration and oversight of legal entities, introducing new procedures and mechanisms to ensure their increased level of compliance.Hungary’s parliament has just adopted two acts implementing these systematic changes, the most important elements of which are the following:Unified registration system: the registration of all legal entities (i.e. all types of business associations, the Hungarian...

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  25/06/2025

  United Kingdom

  Dynamic Pricing in the UK – here to stay.

  With Oasis Live ’25 kicking off in the next couple of weeks, the CMA has now published its update on its dynamic pricing review, which commenced following the furore around ticket sales for the tour. The outcome is positive for businesses – the CMA has confirmed that dynamic pricing can be great for consumers and is here to stay in the UK, provided it is done in the right way.In this article we summarise the CMA’s findings and set out what businesses need to be doing to ensure they fall on the right side of the line, staying out of the CMA’s crosshairs (particularly given...

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