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UK public sector use of AI - Algorithmic Transparency Recording Standard updates
The UK's Responsible Technology Adoption Unit (RTAU) (formerly Centre for Data Ethics and Innovation) has published an update on the...
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Burges Salmon blog Archive
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Generative AI is already widespread in the public sector - Alan Turing Report
To what extent is generative AI already in use in the public sector? A survey by The Alan Turing Institute - the UK's national institute...
AI Regulations for the UK? An update
The Artificial Intelligence (Regulation) Bill received its second reading in the House of Lords, with various issues, risks and, most...
Improving AI transparency in procurement – Procurement Policy Note 02/24
The UK's Cabinet Office has published Procurement Policy Note (PPN) 2/24 on Improving Transparency of AI use in Procurement. PPNs provide...
Grinding it out
Earlier this week, an article on the BBC's Business web page caught my eye : “Could AI take the grind out of accountancy?” For someone...
NSIP regime - are further changes afoot?
We posted earlier today about recent legislative changes to the Planning Act 2008 which impact on the regime for consenting nationally...
April changes to the NSIP regime
The Department for Levelling up, Housing and Communities issued a consultation at the end of July 2023 on the UK Government's plans to...
Scotland's Space Sector Showcase - Key Takeaways
On Thursday 29th February, some of the country’s most exciting and innovative businesses congregated to celebrate and shine a spotlight...
EU Council Approves Revised Corporate Sustainability Due Diligence Directive after Compromise
On 15 March 2024, the Council of the Union approved a compromise text of the corporate Sustainability Due Diligence Directive (CSDDD or...
Its going to be a dash to get ready before pensions dashboards connection dates kick in...
The DWP guidance and timetable for pensions dashboard connection
The Department for Work and Pensions (DWP) this week published its long...
ARGA saga
Those following the Audit, Reporting and Governance Authority (ARGA) saga should take a look at the comments which Richard Moriarty,...
Welcome clarification on tax treatment of interest arising from the McCloud remedy
On 23 February 2024, HMRC clarified how interest that arises from the McCloud public sector pensions remedy should be taxed.
The...
Ready, steady...TPR's General Code kicks in on Thursday - here is a recap of the key actions
The Pension Regulator’s New General Code published in January (the General Code) is coming into force on Thursday this week (Regulations...
Retirement income advice: Dear CEO letter following thematic review
The FCA has written to CEOs of financial advice firms following the publication of its retirement income advice thematic review.
The...
What does HR need to know about AI?
Unlocking the value, and managing the risks, of AI requires input from across an organisation. HR plays a key role. Here are some...
What does the Pensions Industry need to know about AI?
AI (Artificial Intelligence) will transform the Pensions Industry.
It is not something that is coming over the horizon. It is...
Flexible After Fifty: what does flexible working mean for employees after fifty?
No, we are not talking about yoga or pilates when we talk about ‘flexible after fifty’. Instead what’s caught our eye is the 50+ Choices...
UK Commercial Property Lending - the Duke is in town!
The UK commercial real estate finance market has become significantly fragmented over the last 10 years.
Long gone are the days...
Connected Place Infographic released by NCSC
The National Cyber Security Centre (NCSC) has recently unveiled a new 'Connected Places Infographic', providing a high-level, visual...
NHS Provider Selection Regime: Short term awards under Direct Award C
New information suggests that Direct Award C, one of the new direct award mechanisms created by the new NHS Provider Selection Regime, is...
UK Listing Regime: Update
Today is an important day in the overall timeline for the new UK Listing Regime. Friday 22 March 2024 is the closing date for comments on...
Electronic Wills - a sceptical view
We are awaiting the results of The Law Commission’s consultation on electronic wills.
The issues around this are complicated but for many...
CMA responds to the Rapid Charging Fund consultation
The Office for Zero Emission Vehicles (OZEV) recently closed its consultation on the design of the Rapid Charging Fund (RCF). The RCF is...
PISCES: an overview of the Private Intermittent Securities and Capital Exchange System
What is PISCES?
The Private Intermittent Securities and Capital Exchange System (PISCES) is a platform, which if launched, will...
New study on UK sustainability assurance market launched by the FRC
On 21 March 2024, the Financial Reporting Council (FRC) announced the launch of its first market study which will examine the UK market...
FCA sets out plans for the year ahead
For more news and insight in to financial services regulation, subscribe to our monthly newsletter here.
On 19th March, the FCA...
Challenges AFMs face in implementing the Consumer Duty
It will soon be a year since the introduction of the Consumer Duty and this year another regulatory change in the form of the new...
New Lifetime Allowance Regulations include a welcome temporary statutory override to address the issue of lifetime allowance caps on benefits
New Regulations were laid before Parliament on 14 March which address various matters in relation to the abolition of the lifetime...
Energy Disputes - Spotlight on Health and Safety
Our Energy Disputes Guide highlights the importance of health and safety compliance through all stages of the project life...
When will an investment change to a trade?
In a recent decision the First-Tier Tax Tribunal (“FTT”) set a high bar for companies who wish to convert from having an investment...
High net worth and sophisticated investor exemptions: changes reversed
As covered in our previous update, new requirements relating to the promotion of certain investment types by unauthorised persons to high...
Member complaints - can giving incorrect information give rise to entitlement?
Provision of incorrect pension information by administrators is a common source of member complaints. When the error later emerges,...
Government action to tackle bias in medical devices
The Government has committed to taking action to remove ethnic and other biases in medical devices. The Department for Health and Social...
Private Wealth and Natural Capital: Webinar on 15 April 2024
Private Wealth and Natural Capital are very big issues. Bringing together the energy and interest of families who are often...
Sexism in the City: "not much" has changed, concludes Parliamentary report
Reporting on International Women's Day 2024, the Treasury Committee's inquiry into Sexism in the City has identified a stubborn...
PFAS: An emerging risk to development?
Per- and polyfluoroalkyl substances (“PFAS”) have been a cause for growing health-related, environmental and social concern. Yet, while...
Success for Norfolk Pension Fund in US class action regarding investment losses
Last month we wrote an update about the increase in pension schemes seeking to hold companies to account, especially in respect of their...
AI for Public Good - Deputy Prime Minister speech
In February 2024, the Deputy Prime Minister, Oliver Dowden MP, gave a speech on AI for the public good including what UK government is...
Use of artificial intelligence in UK government - National Audit Office report
The UK's National Audit Office (NAO) has produced a report on ‘how effectively the government has set itself up to maximise the...
Leasehold and Freehold Bill 2023-24 - It's not just homeowners that will benefit
There has been a lot of legal commentary recently about the Leasehold and Freehold Bill, in particular leasehold reform (which is long...
What should legal counsel consider when procuring, developing, deploying AI systems?
If a business is procuring, developing or deploying AI systems, in-house legal counsel will usually be involved.
Here we summarise...
What should those in the UK, US and outside the EU know about the EU AI Act?
The text of the EU AI Act has been agreed. We summarise below the impact it will have on those in the UK, US and outside the EU.
- The...
Building safety: Building control deadline extended
Following mounting concerns within the construction industry that the provision of building control services in England could effectively...
FCA speech on the future of pensions
The FCA's Chief Executive, Nikhil Rathi, has delivered a speech on the future of pensions, addressing the question of ‘pensions adequacy’...
The NHS Provider Selection Regime: Ten weeks in
The NHS Provider Selection Regime ("PSR") is now just over ten weeks old at the time of writing, having come into force on 1 January...
Forever Chemicals – no longer ‘forever’?
The regulators of substances colloquially known as ‘forever chemicals’ are set to further restrict certain types of per- or...
Improving soil through farm tenancies
This is a tidied-up version of a talk delivered to the Westminster Food & Nutrition Forum's conference on Priorities for Improving...
Investing and Developing in London - The Impact of the Elizabeth Line
As MIPIM week starts and the property industry head to the South of France for their annual conference, Opportunity London has launched...
Will no-fault evictions ever be banned?
On 15 April 2019, the government announced the ‘biggest change to the private rental sector for a generation’. Approaching five years...
Extension of the Growth Duty on UK regulators - what impact for AI regulation in the UK?
On 21 February 2024, the Department for Business and Trade (DBT) announced a notable change in economic regulation. This regulatory...
Trusts and Succession (Scotland) Act 2024 – What does it do and how does it apply to (Scottish) pension schemes?
The Trusts and Succession (Scotland) Act (the "Act") received Royal Asset on 30 January 2024. The Scottish Government is yet to...
The Artificial Intelligence (AI) Law, Regulation and Policy Glossary March 2024 - with further White Paper and EU AI Act updates
How are AI terms used in laws, regulations, regulatory guidance and policy in the EU and the UK?
The Burges Salmon AI Law, Regulation and...
Empty rates: reset period extended
Buried deep in the detail of the Spring Budget documents is the outcome of last year's consultation Business Rates Avoidance and Evasion:...
UK Budget 2024 and private wealth immigration
Despite the seismic changes to the non-dom regime announced in the 2024 Budget, Chancellor Jeremy Hunt did not mention “visa” or...
Spring Budget 2024 – Health Tech and Life Sciences funding announced
The Spring Budget, announced yesterday (7 March 2024) contained a series of policies and funding announcements for the Healthcare and...
Spring budget 2024 - what's new for LGPS Funds?
With UK productive finance still high on the Chancellor's agenda, it was no surprise that LGPS Funds and their investment potential were...
UK Real Estate Capital Markets - reasons to be cheerful?
It has, at last, stopped raining. Tonight, sunset is scheduled at 5.52pm. Astronomical Spring is only a fortnight away. These are...
What the abolition of the non-dom regime means for non-UK resident trusts and those who use them
Yesterday’s budget contained a number of bombshells for non-domiciled individuals and trusts which they have established. We will shortly...
Goodbye multiple dwellings relief
The Government has announced that, with effect (mostly) from 1 June 2024, multiple dwellings relief for SDLT will be abolished.
The Pensions Regulator issues its consultation on the Statement of Strategy for DB schemes – another piece of the slowly forming DB funding jigsaw…
Following our recent article on the Defined Benefit (DB) Funding and Investment Strategy Regulations (the DB Funding Regulations) (
IHT and ELMS - HMG's response
Amongst the Budget announcements today was the government's response to last year's consultation on the tax treatment of land used for...
Economic Crime and Corporate Transparency Act 2023 for Corporate Trustees
What is the Economic Crime and Corporate Transparency Act 2023?
The Economic Crime and Corporate Transparency Act 2023 (ECCTA) received...
Commencement date for Register of Overseas Entities (ROE) changes
A key regulation bringing into force some important changes to the ROE legislation has just been passed.
Full-fat or semi-skimmed...will Labour soften their proposed employment law reforms in response to concerns from the business community?
With a General Election looming, it is perhaps not surprising that various voices in the business community have been turning up the...
ESG reporting: how can trustees get ahead of the game?
Written by Harrison Packer
Many trustees will be familiar with the Task Force on Climate-related Financial...
Levy victory for AMPS, and the power of engagement
Following a concerted campaign by the Association of Member-Directed Pension Schemes (AMPS), the Department for Work and Pensions has...
ESG and pensions: Fiduciary duties of trustees considered by Financial Markets Law Committee
Written by Kate Granville Smith, Harrison Packer and Francesco Andres
One of the main duties of any pension scheme trustee are their...
Plans announced for UK investment disclosure in DC schemes
The government's drive towards increasing the amount of investment by pension schemes in "UK Plc" took another step forwards over the...
Land rights for renewable energy projects: speed is vital
Our renewable energy developer clients are telling us that alongside the challenges of obtaining grid connections and planning...
Decarbonisation targets, energy security, grid resilience... there are many reasons corporates are focussing on private wire renewable projects
Jaguar Land Rover is the latest to announce a series of renewable energy projects for its business and we have seen a big resurgence in...
Landlord and Tenant Act 1954 - Happy 70th Birthday but is it time to retire?
Many will remember a few years ago that the Government announced a consultation in relation to reforming the LTA 1954. It is a...
Published for pre-legislative scrutiny: the draft Rail Reform Bill
The long-awaited Draft Rail Reform Bill (the “Bill”) was published on 20 February 2024, alongside the government’s response to its...
The British Property Federation Tech and Innovation Survey
Background
The findings in the "Tech & Innovation Survey 2024", presented by the recently merged UK PropTech Association and the...
Consumer Duty - The Good, The Bad and The Ugly
Right now is no time to put your feet up if you are a financial services firm. The FCA is hot on the heels of all industry participants...
Finance Act 2024 receives Royal Assent
The Finance Bill 2024 was granted Royal Assent on 22 February 2024 becoming the Finance Act 2024, with many measures coming into effect...
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