Category: Tech

Old rules for the new age of artificial intelligence (AI) in financial services 

Roadmap for AI financial regulation  The coming weeks will see UK policymakers set the direction of travel for regulating artificial intelligence (AI) and machine learning (ML) in financial services.  In October 2022, the FCA, the Bank, and the PRA launched exploratory work, encouraging a discussion on the use and regulation of AI and ML in […]
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23 Oct, 2023

Virtual worlds standardisation: What next for the EU? Key challenges and opportunities

While the debate on AI regulation continues to grab media headlines and the attention of policymakers worldwide, discussions on virtual worlds have quietly continued. Regulators around the world are trying to find the right balance between introducing or updating policies to mitigate potential harms of virtual worlds while maximising the potential of these technologies for […]
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06 Jul, 2023

The EU’s Data Act: a new market or a major risk?

With Spring in full swing, the EU’s legislators have begun the final stage of negotiations on the Data Act: the EU’s sweeping new law to build a single market for data for the 27 Member States. Businesses must be ready for the possibility that an early agreement is reached before the end of Summer – […]
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17 Apr, 2023

Sovereignty, security and the UK emerging tech outlook

For the first time in decades, security concerns are king in industrial and economic policy. Few sectors are more impacted by this trend than emerging tech. US offensive action targeting semiconductor exports to China, together with the defensive CHIPS and Science Act, is the most significant peacetime national security market intervention by a Western power […]
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19 Dec, 2022

Central bank digital currencies – who needs them? 

Arguably every major economy does. Central bank digital currencies (CBDCs) mark a sizable shift in the global financial architecture and countries that opt-out risk not only the technical benefits of digital cash – but also their place in the future financial order.   State of play  The debate surrounding the digitisation of national currencies or the […]
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07 Mar, 2022

UK merger clearance – a higher hurdle?

It is becoming harder to get mergers cleared in the UK. The Competition and Markets Authority (CMA) is taking an increasingly sceptical view and wants to go further by getting government to change the rules to make it even easier to block mergers involving large technology companies. Why has the CMA raised the bar, and is there a […]
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30 Jun, 2021

What next in football broadcasting?

We set out our views on what is a highly turbulent time for football clubs and sports broadcasters. After ten years of heavy investment in football rights, BT is considering selling a stake in BT Sport. Regardless of whether the historic investment has been a success, now is a challenging time for a sale. Any investment in football faces a complex mix of political, policy, regulatory and […]
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08 May, 2021

European AI regulation: de-risking or stifling innovation?

Last week the European Commission presented its long-awaited proposal for a ‘Regulation laying down harmonised rules on Artificial Intelligence’ (AI Act). Alongside this proposal, it also released an updated Coordinated Plan on AI that seeks balance by focusing on investment.  Risk-based approach to AI  The AI Act reveals a more nuanced approach to regulation that has evolved since the […]
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26 Apr, 2021
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