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Financial Regulation group's banking and investment services column for Practical Law - December 2024 Nick Bonsall, Selmin Hakki and Emily Bradley, from the Financial Regulation group, publish their latest column for Practical Law. Nick Bonsall, Selmin Hakki and Emily Bradley, from the Financial Regulation group, publish their latest column for Practical ... Pensions: what's coming? Financial Regulation Weekly Bulletin: 16 January 2025 Copyright, general purpose AI and the EU AI Act – insights from the second draft of the GPAI Code The second draft of the EU’s General Purpose AI Code of Practice (GPAI Code) was published shortly before Christmas. Whilst it is very much still a working draft, it provides helpful insight into what may be expected of providers of general purpose AI (GP... Sony v Datel – a “cheat code” for copyright infringement? On 17 October, the Court of Justice of the European Union (“CJEU”) handed down its decision in Sony v Datel (C-159/23), finding that software which allows players to “cheat” in video games does not infringe copyright, where that software only changes the ... ICO gen AI consultation response: 5 things you need to know The UK Information Commissioner’s Office (ICO) has published its response to its data protection and genAI consultation.  While there is plenty to digest in the ICO's 41-page response document, we have extracted five key takeaways.  The majority of the IC... Are we nearly there yet? UK edges closer to finding solutions on copyright and AI As 2024 draws to a close, AI continues to dominate IP headlines. This week is no exception, with the UK government launching its promised consultation on AI and copyright on Tuesday. This consultation, which will be open until 25 February, is relatively f... Balancing growth and taxes: the UK government's corporate tax roadmap The announcement of a Spring Statement (rather than another Budget) on 26 March 2025 chimes with the promise of “predictability, stability and certainty” in the UK government’s corporate tax roadmap (which had sat uneasily with the surprise announcement o... Purposive interpretation by the UK Supreme Court in Cobalt Data Centre In what appears to be a case confined to the application of the now expired capital allowances regime in respect of “enterprise zones”, the UK Supreme Court in Cobalt Data Centre, once again, gave an important lesson that is always worth bearing in mind f... Impact of the US election: what does it mean for tax policy? In a special episode of Slaughter and May’s Tax News podcast, we asked Arvind Ravichandran, Tax Partner at Cravath, Swaine & Moore LLP, what U.S. tax policy may look like during a second Trump Administration.  The conversation was politically informed – w...