United Kingdom | Publication | November 2023
The Online Safety Bill received Royal Assent on October 26, 2023. The Online Safety Act 2023 should help to protect pension savers from scammers as it imposes a legal duty on the largest social media platforms and search engines to prevent fraudsters posting advertisements.
The new duties are to be policed by Ofcom.
Publication
On 29 November 2024, the first tranche of sweeping Australian privacy reforms under the Privacy and Other Legislation Amendment Bill 2024 (Cth) (Bill) passed both Houses of Parliament.
Publication
A value-referenced crypto asset (VRCA, commonly known as a “stablecoin”) is a crypto asset designed to maintain a stable value over time by referencing the value of a fiat currency, such as the US dollar, or any other value or right, or a combination thereof. It can be used as a medium of exchange or as a store of value that is less volatile than other crypto assets.
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