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On 3 November 2022 the CMA published guidance for social media platforms, brands and content creators setting out how they should approach online advertising in order to ensure they comply with the relevant UK consumer protection legislation. Social media platforms have a duty to prevent and address unlawful practices such as hidden advertising that are … Read more
EU – E-Commerce The Digital Services Act (“DSA“) came into force on 16 November 2022, marking one of the European Union’s most significant updates to its legal framework for digital regulation since the adoption of the e-Commerce Directive in 2000. The DSA reshapes the responsibilities and accountability of digital services providers. You can read our … Read more
All eyes are on Europe in the race to regulate the digital ecosystem. The Digital Services Act (“DSA”) was published in the Official Journal of the European Union today (27 October 2022), passing its last hurdle on the legislative journey to implementation. It will come into force from mid-November 2022. The DSA reshapes the responsibilities … Read more
Alongside the introduction of the Data Protection and Digital Information Bill to Parliament on 18 July 2022 (see our blog post on this here), the UK Government published a Policy Paper containing a proposed framework for regulating the use of AI in the UK (the ‘Paper’). The Paper advocates for a light-touch approach towards the regulation of AI in … Read more
On 21 July 2022 the Bank of England (BoE), the PRA and the FCA (collectively, the regulators) published Discussion Paper 22/3 – Operational resilience: Critical third parties to the UK financial sector (DP22/3). DP22/3 sets out how the financial services regulators could use new powers proposed under the Financial Services and Markets Bill (FSM Bill) to … Read more
By Sue Gilchrist, Steve Wong and Byron Turner Businesses involved in advertising cryptoassets and related products to a consumer audience should consider any exposure to consumer protection laws and advertising regulations. Read more
The Law Commission of England and Wales has published a consultation paper (the Paper) on the recognition and protection of digital assets. The consultation, which closes on 4 November 2022, focuses on the legal treatment of digital assets and recommends law reform to create a third category of personal property – referred to as “data … Read more
Cathy Liu shares some recommendations for brands doing business in China following the latest online promotion and advertising trends, beginning with tightening regulation of the booming livestreaming and KOLs (influencers) industry, underlining the importance of honest representation (including account profile, audience comments and video settings) and a crack-down on false claims in advertising. Geopolitical tensions … Read more
Cameron Whittfield and Peggy Chow discuss the latest cybersecurity trends for consumer-facing companies including external threats which may include working with third parties and complex supply chains through to the malicious targeting of companies with ransomware, current affairs and social engineering, the cryptocurrency marketplace and geopolitical factors. They emphasise the importance of internal stakeholders speaking … Read more
