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Avoiding legal and regulatory pitfalls in digital transformation projects
This article first appeared in the September 2024 issue of Financier Worldwide.
United Kingdom | Publication | May 2023
The Government has announced that the “sunset” provisions in the Retained EU Law Bill are to be removed. This means that much EU-derived law will not now be automatically revoked at the end of 2023. The Bill will include a list of around 600 laws which are to be revoked at the end of the year. It appears that no pensions legislation is included, at least in this first tranche, which is good news for the stability of pensions law, for the time being at least.
However, as far as wider employment law is concerned, there are several areas in which changes are proposed. These are discussed in a blog from our employment team.
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This article first appeared in the September 2024 issue of Financier Worldwide.
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The Digital Markets, Competition and Consumers Act (DMCC Act) received Royal Assent on 24 May 2024 and is generally expected to come into force in autumn this year.
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On 26 July 2024, the People’s Bank of China (PBOC) and the State Administration of Foreign Exchange (SAFE) jointly released revised rules in respect of the investments into China’s financial market through the Qualified Foreign Institutional Investor and Renminbi Qualified Foreign Institutional Investor (collectively, QFII) regime (the New Rules).
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