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A groundbreaking change for the internet of things? The UK Government has published new “groundbreaking” rules to protect our smart devices from an increased cyber threat, including large fines for non-compliance. From the smart TVs that many of us have in our homes, to egg trays that tell you when your...
A tale of two fines…lessons from the ICO actions against the Cabinet Office and Clearview AI Uh oh. That field was supposed to be deleted, not just hidden…. It is a very easy mistake to make particularly when a number of people are working in the same spreadsheet, against a deadline and using a new IT system. However, this error happened in...
Who needs BAFTAs when we have MAP awards? The OECD’s MAP awards for 2020 - not quite the BAFTAs, but (perhaps) still exciting for tax practitioners and authorities – were released alongside the 2020 MAP statistics on the OECD’s third Tax Certainty Day on 22 November 2021. Last year, at the 2019...
Public CbCR has arrived in the EU The EU's directive on public country-by-country reporting was published in the Official Journal on 1 December 2021 to take effect on the twentieth day thereafter. Companies and groups whose revenue exceeds the CbCR threshold of EUR 750 million will be...
UK Financial Regulation: Part 2 The government has published the second instalment of its proposals for adapting the UK’s regulatory framework for financial services, referred to as the Future Regulatory Framework (FRF) Review.  Its key objective is to achieve an agile and coherent...
TAMD is upon us As part of the UK’s Autumn Budget, Chancellor Rishi Sunak announced that certain “tax administration and maintenance announcements” would follow – they followed on 30 November in a manner similar to tax policies and consultation announcements during the...
‘Are we human, or are we dancer?’ UKIPO rethinks IP protection for AI-generated works The Killers, in their song ‘Human’, ponder whether human tendencies hold us back when opportunity presents itself.  So too, the UK Intellectual Property Office (the “UKIPO”) has decided to consider the significance of being human when it comes to IP...
A busy week for cyber: new rules for digital service providers and supply chains? Last week was a busy week for cyber. The Government published its response to both its call for views on the security of digital supply chains and to proposed changes to the NIS Regulations. In the same week, the NCSC published its annual report. Supply...
Anti-virus subscription contracts: time to renew your practice The Competition and Markets Authority (CMA) published compliance principles on 19 October 2021 concerning auto-renewal for anti-virus software suppliers. The release of this guidance marks the latest step by the CMA in tackling its concerns relating to...
Will you be ready when quantum breaks encryption? Steps to take now to prepare… While the potential opportunities quantum brings are impressive, the seismic risk it poses to current encryption methods cannot be ignored. Do you know the steps your organisation should be taking now to reduce your quantum cyber risk? Last week Rob...