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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 | April 2023
The Occupational Pension Schemes (Administration, Investment, Charges and Governance) and Pensions Dashboards (Amendment) Regulations 2023 were made on March 30, 2023, and came into force on April 6, 2023.
The new regulations add “specified performance-based fees” to the list of charges excluded from the 0.75 per cent DC charge cap.
They also require trustees of relevant DC schemes to disclose their policies on illiquid investments in their default statement of investment principles (SIP). These disclosures will have to be included by the first date on which the default SIP is revised after October 1, 2023, or October 1, 2024, at the latest.
Trustees will also be obliged to disclose and explain the percentage of assets in their default funds allocated to different asset classes in the annual Chair's statement covering the first scheme year ending after October 1, 2023.
The DWP has published guidance for DC trustees of affected schemes which is intended to assist in the calculation and format of asset allocation disclosures.
Publication
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Publication
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.
Publication
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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