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To embed, copy and paste the code into your website or blog: Recent UK and EU regulatory developments of interest to most financial institutions. See also our supplementary sector specific updates in the Related Materials links. Contents UK FTA with Norway, Iceland and Liechtenstein India-UK Financial Markets Dialogue BoE Financial Stability Report and FPC summary and record Resilience of market-based finance: BoE report Change in control assessments: PRA letter on regulator power to object Online fraud and financial promotion: FCA letter Financial promotion: FCA case studies on good and bad ...

Thursday, July 1, 2021 The buzz surrounding non-fungible tokens (NFTs) reached a fever pitch with the US$69 million sale of an NFT by digital artist Beeple in March 2021. While artwork has remained the predominant use of NFTs – and generated a good deal of media hype along the way − companies across a variety of industries are coming up with new and innovative use cases for NFTs – and turning to our multidisciplinary global team for guidance in the uncharted territory surrounding these digital assets. First: What Is an NFT? NFTs are unique tokens based on blockchain technology...

Fri, Mar 5th 2021 3:39am — Mike Masnick I've been so focused of late on issues related to Section 230 in the US, that I've had barely any time to devote to the Digital Services Act in the EU, which is the EU's ongoing efforts to rewrite intermediary law in the EU. The reports I have followed have been a mix of concerns, with the admission that it at least appeared that EU politicians were trying to get a good grasp on the issues and trade-offs and not rush in with a totally horrible plan. That doesn't mean the end result is good, but so far it does not appear to be totally disconnected fro...

Belgium: New Federal Bill on Media Law Approved By the Belgian Government On 15 January 2021, the Belgian government approved a preliminary federal bill transposing the Audiovisual Media Services Directive, which revises the obligations vis-à-vis linear and on-demand audiovisual media service providers and proposes a new regulatory framework for Video-Sharing Platform Services. 113 In brief On 15 January 2021, the Belgian government approved a preliminary federal bill (Bill) transposing the Audiovisual Media Services Directive (AVMSD), which revises the obligations vis-à-vis linear and on-...

Product liability & compliance We’d be happy to discuss your Brexit transition across these areas. Please reach out to your Cooley contact if you have any questions. Antitrust & competition What changes can be expected for UK competition law? The EU-UK Trade and Cooperation Agreement does not bring major changes to UK competition law. Whilst the agreement presents a slightly different terminology to what we are familiar with, the common principles appear largely the same as under the existing regime. In terms of jurisdiction, the European Commission continues to be the competent authority f...