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The impact of COVID-19 on the UK asset management sector The COVID-19 pandemic has resulted in unprecedented disruption to daily life as well as significant upheaval in both the real economy and the financial markets. That said, unlike the 2008 global financial crisis, this crisis does not stem from asset quali... Crypto custody business carried on in Germany: new German licensing requirements On 1 January 2020, as part of a regulatory package implementing amendments to the fourth EU Anti-Money Laundering (AML) Directive, new German legislation on crypto custody business entered into force. A new licencing requirement The legislation sets out a... Netherlands to crack down on money laundering with implementation of action plan Anti-money laundering has been high on the legislative agenda in recent years, both at European and national level across the region. In the Netherlands, against the backdrop of recent scandals and an imminent FATF evaluation, the Ministers of Finance and... Controlling the gatekeeper: the Commission's digital regulation revolution? On 2 June 2020, the European Commission launched three consultations that will impact the digital economy. These measures are part of the Commission’s broader efforts in the digital sphere, including through the introduction of the Digital Services Act ("... What if HAL could have IP rights? WIPO joins the conversation on AI and IP Movie buffs may recall HAL 9000 as the fictional AI character and main antagonist in Stanley Kubrick’s and Arthur Clarke's Space Odyssey series. Although the film recently celebrated its 50 year anniversary, with rapid recent advances in AI technology, th... Lockdown pirates: at what cost? COVID lockdown has had us all settling in to a new way of living. We've learned that the unobserved life doesn't require as much time packing our lunches, washing our gym kit or sorting out our eyebrows – leaving more than enough hours to binge watch Norm... Third strike for AI machines as patent inventors – this time USPTO says no As Artificial Intelligence (AI) becomes more developed and more sophisticated, patent offices worldwide are being asked whether AI machines can be named as the patent inventor of AI generated inventions. Recently, the United States Patent and Trademark Of... Spring-cleaning: time for a fresh look at the EU competition rules on vertical agreements? The European Commission is reviewing the effectiveness and relevance of EU competition rules on supply agreements, namely the Vertical Block Exemption Regulation (VBER) (and accompanying Vertical Guidelines).  The European Commission has now published a R... How will COVID-19 affect the future of environmental taxes? Whilst the impact of COVID-19 on the environmental taxes agenda is yet to be fully understood, it would seem prudent for businesses to continue to prepare for the implementation of those measures announced albeit with the expectation that there may be som... How many hammers are needed to crack a nut? The ‘cum-ex scandal’ being the nut in question here. After a consortium of journalists uncovered schemes generating multiple refunds of German dividend withholding tax, the European Parliament asked the European Securities and Markets Authority (ESMA) and...