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ESG Knowledge Update | January 2025
Welcome to our ESG Knowledge Update, which offers a round-up of legal, regulatory and market news
Life Sciences and Healthcare
EU liability directive for defective products set to impact Spain's pharmaceutical sector
Companies need to focus on safety and accessibility compliance before the directive enters national law in late 2026
Financial Services
Crypto exchanges face increased risk in UK for failing to prevent tax evasion by investors
Firms need to prepare for a wider compliance culture imposed by the government's impending tax and fraud legislation
Employment and pensions
UK Employee Incentives Update | January 2025
What's on the horizon in 2025 and recent developments for employee incentives
Restructuring and insolvency
High Court clarifies how sanctions interact with administration orders in England and Wales
Sanctions regulations won't prevent administration orders but may affect timings and require undertakings
Artificial intelligence
The UK AI Opportunities Action Plan: what it means for business
The government wants to ramp up AI adoption across the UK, and this much-heralded plan sets out what it thinks
Life Sciences and Healthcare
Is the engineering biology sector set to be turbocharged in the UK?
A Lords report sets out recommendations for policy the UK must get right and calls for a national sector champion
Artificial intelligence
EDPB delivers view on using personal data to train and deploy AI models
EDPB's opinion provides guidance to organisations using personal data in AI model development and deployment
Regulatory Outlook
Sanctions and Export Control | UK Regulatory Outlook January 2025
Sanctions regulations now in force | Exporters' guide to Russian sanctions | OFSI license changes
Regulatory Outlook
Data law | UK Regulatory Outlook January 2025
Data (Use and Access) Bill | ICO prioritises AI, children's data, Adtech | EDPB plans, EU ePrivacy and AI models
Regulatory Outlook
Bribery, fraud and anti-money laundering | UK Regulatory Outlook January 2025
Failure to prevent fraud | FCA publication transparency consultation | Serious Fraud Office funding increased
Regulatory Outlook
Artificial Intelligence | UK Regulatory Outlook January 2025
UK's AI Safety bill | AI and intellectual property law consultation deadline | Generative AI and data protection | EU
