Compliance

eAlerts Récentes

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  30.11.2023

  United Kingdom

  Part 4 of the Building Safety Act 2022 – Are you clear on your duties?

  The Building Safety Act 2022 (the “BSA”) contains measures that are intended to improve and maintain the safety of Higher-Risk Buildings (“HRBs”) throughout the building lifespan. The BSA is split into various sections, with Part 4 placing a raft of obligations on dutyholders to ensure the safety of residents during occupation.The BSA is large, complex and heavily supplemented by secondary legislation, as well as government guidance. This Law-Now article is intended as a useful overview and guide to the key provisions in Part 4.Supplementary RegulationsA brief snapshot of...

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  24.11.2023

  International

  Carbon Border Adjustment Mechanism transition in effect since 1 October 2023

  On 1 October 2023, a two-year transitional period began for implementation of Regulation (EU) 2023/956, which introduces the Carbon Border Adjustment Mechanism (CBAM). CBAM levies punitive CO2 charges against third-country importers of certain goods and only permits CBAM declarants to import these goods into the EU. Although reporting obligations have been imposed for the two-year transition period, CBAM does not fully go into effect until 1 January 2026.A. General InformationFrom 1 January 2026, importers of specific goods from third countries will be required to pay punitive CO2 charges under...

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  23.11.2023

  United Kingdom

  Autumn Statement 2023 – Key tax announcements

  The Chancellor opened his speech with a statement that, “Our plan for the British economy is working, but the work is not done”.  Consistent, perhaps, with the tone of that message, yesterday’s announcements offered few real surprises, with the headline measures – on NI changes and full expensing – already widely anticipated.A summary of the key announcements follows.Tax measures for individuals (employees & self-employed)National Insurance Contributions (NICs) ratesIn relation to NICs, the Chancellor has announced the following.The main rate of Class 1 National...

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  16.11.2023

  International

  NFTs under MiCAR – are they regulated or not?

  The Markets in Crypto-Assets Regulation (MiCAR) sets down a harmonised regulatory framework for crypto-assets. MiCAR's overarching goal is to extend regulatory oversight to those categories of cryptos and tokens that have so far remained outside the scope of regulation. The following focuses specifically on non-fungible tokens (NFTs) and examines whether they are covered by MiCAR.What are NFTs?NFTs are cryptographic records stored on a blockchain that are unique in that they are linked to a specific asset. They primarily serve as the electronic "embodiment" of mainly digital, but also physical...

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  08.11.2023

  United Kingdom

  CMA goes green with guidance supporting collaboration between businesses on sustainability issues

  With ESG firmly on the corporate agenda, recent guidance from the CMA is intended to give businesses confidence to collaborate across industries and sectors to support sustainability objectives without infringing competition law prohibitions on anti-competitive agreements. Published last month, the guidance (here) forms a key part of the CMA’s commitment to promoting sustainability and helping accelerate the transition to a net zero economy in the UK.Agreements addressed by the GuidanceThe Guidance addresses two forms of agreement:Agreements relating to environmental sustainability between...

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  08.11.2023

  Suisse

  G7 sets the framework for use of artificial intelligence

  On 30 October 2023, the G7 approved international guidelines for artificial intelligence (AI) and a code of conduct for AI developers. This adoption is in line with the process initiated at the G7 summit in Hiroshima to provide a framework for AI-related developments.Risk-based principlesThe guiding principles consist of eleven points, including a reminder to implement appropriate data protection and intellectual property protection measures to provide a framework for the development of AI based on a risk-based approach. These principles are supplemented by a code of conduct, which also shares...

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