Tech firms are bound to come up against political and regulatory hurdles as they grow and develop their business. This is particularly the case where innovation is disrupting an existed regulated industry.
The EU’s Member States have failed to agree on the introduction of a tax on revenues from digital services. But pressure from the European Commission, European Parliament and EU citizens indicate that this is not an issue that is going to disappear any time soon.
The EU is planning new rules to govern the relationship between online platforms and the businesses which use them to offer goods or services to consumers. These rules are aimed at online platforms and search engines which rank
Buried in the detail of a proposed Regulation from the European Commission was the establishment of an Observatory of the online platform economy. It has now been established and has a broad remit but little power, so far. Is this the foundation of a new EU regulator for online platforms?
Distributed Ledger Technology (DLT), sometimes referred to as blockchain, is coming under increased scrutiny by policy makers in the EU institutions. We have produced a one page guide highlighting the key initiatives which companies using DLT should be following.
As the number of self-employed people continues to rise in the UK, the need to create better mechanisms to provide support to this growing workforce without compromising the intrinsic flexibility of self-employment is becoming increasingly important.
The world’s youngest leader, Austrian Chancellor Sebastian Kurz, will take the helm of the Council of the EU in July and the headlines will be dominated by his plans to toughen EU immigration policy. Behind the scenes Austria’s Digital Minister, Margarete Schramböck, will be pushing ahead towards agreement on the Commission’s package of proposals in the digital sector.
The UK Government has published its long-awaited response to the Taylor Review of Modern Working Practices.
To a rather muted fanfare, the British Government published its industrial strategy green paper last month. As far as the energy and climate change audience were concerned, in the run-up to the publication of the strategy, the Business Energy and Industrial Strategy Department (BEIS) – a department still in its infancy - was essentially facing two challenges:
The energy sector – driven by climate policies and regulation and the technology revolution – is undergoing a transformation. As Fatih Birol, the IEA's Executive Director, said in introducing the IEA’s annual World Energy Outlook in November 2017: “…there is no single story about the future of global energy…”
2017 is set to be a year of acceleration in the pace of regulation of the financial services sector at global and European levels. The Basel Committee on Banking Supervision (BCBS) is making steady progress on plans including a leverage ratio surcharge for global systemically important institutions (G-SIIs).
2016 has built on the momentum of the Paris Agreement. But the election of Donald Trump in the US has placed question-marks over whether this momentum can be maintained, or if recent progress will be derailed. At the conclusion of COP 22 in Marrakesh, this analysis piece considers the state-of-play and the prospects for 2017.
On 6 October, a new acronym was introduced to the world of aviation and climate change. CORSIA – the Carbon Offset and Reduction Scheme for International Aviation – is the outcome of what many in the aviation industry have described as an “historic agreement” to tackle the burgeoning problem of aviation emissions.
The clamour for clarity from the Government on its Brexit intentions has finally produced two important announcements from the Prime Minister and senior Cabinet Ministers at the Conservative Party Conference in Birmingham:
The prospect of video gamers becoming paid professionals, and people placing bets on the outcome of contests, would have seemed unthinkable a few years ago.
The concept of energy storage is not new. However, technology advancements and the increased sense of urgency in relation to decarbonisation have gradually drawn attention to the possibilities of storage.
Natural capital — a term for the earth’s natural resources and support systems that benefit human society — is the underlying focus of our environmental laws and policies. The Clean Air and (Clean) Water Acts of the US and UK are two aptly-named examples of previous policies designed to protect natural resources.
Some of the UK political instability following the EU Referendum in June is beginning to dissipate. A new Prime Minister, reshuffled Ministerial teams, and reshaped Government machinery are in place. A timetable of sorts for the next steps is beginning to form, ie. no triggering of Article 50 to commence the departure negotiations, during this calendar year, but likely early in 2017. What is still concealed in opacity is any inkling of what the UK position might be in the parallel discussions on a future economic and co-operative relationship with the EU.
Robots are rapidly gaining public visibility as their development accelerates in conjunction with recent innovations in the domains of artificial intelligence, machine learning, machine-to-machine and machine-to-human interaction.
Events have moved very quickly over the weekend, and the timeline for events post the UK referendum on the EU is becoming clearer, if not yet the future scope of UK-EU relations or the eventual implications for politics, economy and business.