Publication
2nd Circuit defers to executive will on application of sovereign immunity
The Second Circuit recently held that federal common law protections of sovereign immunity did not preclude prosecution of a state-owned foreign corporation.
Joint statement on data protection and effective communications to consumers issued by three regulatory bodies
United Kingdom | Publication | November 2024
On November 15, 2024, the Information Commissioner’s Office, the Financial Conduct Authority and the Pensions Regulator published a joint statement on data protection and effective communications to consumers.
This follows feedback from retail investment firms and pension providers that they would benefit from further regulatory clarity about how the Regulator’s Code of Practice and guidance on communications requirements and the Authority’s Consumer Duty interact with direct marketing rules under data protection law and regulations.
The statement is designed to provide greater clarity for firms and pension scheme trustees or managers to support their customers’ decision-making through their communications.
For more detail, see our online article here.
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Key takeaways from the G7 Competition Summit on Artificial Intelligence
Facing the fast-growing development of AI across the globe, particularly Generative AI (GenAI), the G7 competition authorities and policymakers (Canada, France, Germany, Japan, Italy, the UK and the US) and the European Commission met in Italy on 3-4 October 2024 to discuss the main competition challenges raised by these new technologies in digital markets.
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