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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
United Kingdom | Publication | November 2022
At a recent hearing with the Industry and Regulators Committee, the Regulator announced that it is working with the FCA to address the recent issues concerning liability-driven investment.
Charles Counsell, the Regulator's Chief Executive, expressed concerns that there was a lack of awareness among some pension scheme trustees, particularly in smaller schemes, over LDI. He stated that the regulators will consider issuing a joint statement to LDI funds and DB schemes regarding the level of collateral they are expected to keep, in the event of sudden bond yield movements.
On a related note, the House of Commons Work and Pensions Committee recently issued a call for evidence into the governance of DB schemes with LDI. In light of this, Counsell said that the Regulator will consider if it needs to further improve data reporting and gathering, as part of its pending response to its 2021 joint consultation with the PPF on collection of DB scheme asset information.
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Artificial intelligence (AI) raises many intellectual property (IP) issues.
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The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.
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On 21 May 2024, the European Council (or Council) adopted the so-called ‘Hydrogen and decarbonised gas market package’ (the Gas Package). The package contains a recast of the 715/2009 gas regulation (Gas Regulation) and a recast of the 2009/73 gas directive (Gas Directive) aimed at reforming the existing EU regulatory framework to support the deployment of renewable and low-carbon gases, in particular hydrogen. As such, it represents a major development in the EU gas market.
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