Larry Wong

2 months ago | mondaq.com | Carolyn Jackson |Christopher Collins |Ciara McBrien |Larry Wong

On 5 February 2025, the UK Financial Conduct Authority(FCA) published a policy statement(PS25/1) setting out its response and finalposition in relation to reforming the UK's commodityderivatives regulatory framework (Framework). BackgroundThe FCA consulted on the changes to the Framework in December2023 (CP23/27), proposing key changes regardingcommodity derivatives transactions in the UK.

Sep 25, 2024 | mondaq.com | Carolyn Jackson |Ciara McBrien |Larry Wong

On 4 September, the Financial Conduct Authority (FCA) published a website seeking feedback (Consultation) on draft questions and answers (Q&As) intended to assist UK trade repositories (TRs) registered under Article 55 of the UK European Market Infrastructure Regulation (UK EMIR) with implementing the updated reporting requirements under Article 9 of UK EMIR. The new reporting requirements will come into effect on 30 September, subject to a transitional period for certain rules.

Sep 24, 2024 | lexology.com | Carolyn Jackson |Ciara McBrien |Larry Wong

On 4 September, the Financial Conduct Authority (FCA) published a website seeking feedback (Consultation) on draft questions and answers (Q&As) intended to assist UK trade repositories (TRs) registered under Article 55 of the UK European Market Infrastructure Regulation (UK EMIR) with implementing the updated reporting requirements under Article 9 of UK EMIR. The new reporting requirements will come into effect on 30 September, subject to a transitional period for certain rules.

Mar 26, 2024 | mondaq.com | Sarah Simpson |Larry Wong

In the age of global consumerism, international retail brands often have different websites and functionalities tailored to customers according to where they are located around the world. Whilst this is great for customers, this can increase the risk of their trademarks being infringed. In an eagerly anticipated ruling, the Supreme Court has upheld injunctions against the sale of 'Beverly Hills Polo Club' branded goods by Amazon US in the UK and the EU.

Mar 20, 2024 | mondaq.com | Sarah Simpson |Larry Wong

As if implementing rules to make USB-C ports mandatory for electronic devices was not enough, yesterday the European Union approved the world's first major set of legislation to regulate the use of AI (EU AI Act), setting the global standard for AI regulations with uncertainties around the US federal bill and the UK's Artificial Intelligence (Regulation) Bill in its second reading. As reported by CNBC, the AI Act has been in the making since 2021, long before the launch of ChatGPT in late 2022.