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Evolving technologies, increased digital connectivity, cyber risk, geopolitical tensions, climate change, supply chain disruption and changing markets are shaping government policies, regulation and legal risk in relation to the use of data and technology. This legal, economic and political landscape is informing board agendas and investment approaches as businesses review and re-focus their digital strategies. In our new collection of short videos and thought leadership our experts look at what is ahead for Tech in 2023
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What are the key trends for global disputes and international arbitration for the tech sector in 2023 and beyond? As investment in the tech sector continues to boom and potentially transformative technologies build momentum, we consider how disputes will arise both between commercial parties and between investors and States seeking to navigate new ground such as crypto assets and the metaverse.
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The data centre industry is poised for growth in 2023 due to increased demand from businesses. However, factors such as higher costs, a slowing economy, new capacity challenges and increased regulation due to sustainability concerns about energy and water consumption, will impact growth. The pandemic has fueled the growth of the global data centre market, projected to reach 235 billion euros by 2026 with a projected Compound Annual Growth Rate of 4.5%. Companies must consider the latest tech trends when selecting a data centre partner or colocation provider.
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On 8 February 2022, the European Commission announced an ambitious package of measures to address chips shortages and revitalise the European semiconductor industry: the goal to bring European share in global chips sector from the current 9% to 20% by 2030. It is time to see, one year later, what happened with this plan.
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This is the second year in a row that U.S. President Joe Biden has addressed privacy and tech legislation, and even on its own, that is worth noting. Is this the year that federal privacy legislation and antitrust reforms, specifically targeting tech companies, comes to fruition?
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Demand for precise virtual modelling of real-world assets is gaining momentum, especially in the construction industry. What legal risks and challenges should companies expect to face? A digital twin is an exact virtual model of a real-world asset which enables interaction with that asset, be it a physical object (such as a building or jet engine), a system (such as a piece of computer networking architecture) or a process.
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The Italian Government published the bill of the Budget Law for 2023 envisaging the introduction of a set of rules for the taxation of crypto assets. As from they were first launched in 2009, cryptocurrencies and, more in general, crypto assets have not been the object of specific tax laws. Their tax treatment has been based on general principles and (heavily criticized) guidance issued by the tax authority.
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We look at the decision of the U.S. District Court for the Southern District of New York, to find in favour of Thom Browne in this alleged trademark infringement case.
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A class action against GitHub Copilot has been filed alleging violations of the rights, including copyright, of authors that have created or contributed to codebases stored as public repositories on GitHub.
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The leading European data protection teams at Clifford Chance and DLA Piper have collaborated on a joint paper setting out the case for a proportionate approach to conducting risk assessments of international transfers of personal data.
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Clifford Chance is a member of REvolve, the Digital Real Estate Insight Council, and is pleased to share the inaugural paper from the group exploring how technology can help measure and support the impact that buildings and the built environment have on people and wider society. ‘Digital Real Estate and its Impact on People’ explores the topic from three different perspectives, and looks at the challenges, opportunities and potential next steps for real estate to leverage technology to better meet the needs of people and society.
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Carbon Neutral, Net Zero, Climate Positive – it all sounds commendable, but do consumers actually know what these terms mean? Following a recent Advertising Standards Authority study into the issue, the answer appears to be... not yet.
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The Spanish Data Protection Agency (AEPD) has issued a decision in case no. 00050-2022, shelving a complaint filed by an employee against his employer for including him in two WhatsApp groups without his consent.
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The UK government has announced plans to develop a new legislative framework to allow for the wider rollout of autonomous vehicles (AVs) on UK roads by 2025. We look at the legal proposals in more detail and the related ethical considerations raised by the Centre for Data Ethics and Innovation (CDEI) in its report on Responsible Innovation in Self-Driving Vehicles.
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Create+65 Innovation Lead Joanne Chuang and Dubai Partner Jack Hardman talk to Marc Liew, Head of Ecosystem Development for APAC at R3, about some of the key developments in the blockchain space including whether the current state of the market still presents an opportunity for reflection and innovation, as well as Clifford Chance's collaboration with R3 through the Venture Development Programme.
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How do you manange AI in an evolving legal landscape? In this webinar our experts: examined recent legal developments in a number of jurisdictions; considered key issues affecting the successful deployment and management of AI and machine learning; looked ahead to expected changes to relevant regulatory regimes, and discussed what businesses can do to prepare.
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Just over two years after it was first proposed, the agreed text of the new Markets in Crypto-assets Regulation (MiCA) has beenreleased. MiCA aims to create an EU regulatory framework for the issuance of, intermediating and dealing in, cryptoassets. It will introduce licensing and conduct of business requirements as well as a market abuse regime with respect to cryptoassets. With parts of MiCA anticipated to come into force from spring 2024, we look at what issuers of stablecoins and other cryptoassets, custodians and other crypto service providers need to know now.
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The increasing reliance on technology and the novel legal questions raised by new technologies can give rise to complex disputes across multiple jurisdictions. In 2022, we saw an increasing number of tech disputes in the Asia Pacific (APAC) region focusing on cryptoassets, data breaches and the use of AI. We expect this trend to continue in 2023. In this Guide we will explore the issues that give rise to tech legal disputes.
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On 16 December 2022, the Basel Committee on Banking Supervision (BCBS) published a finalised prudential standard on banks' cryptoasset exposures (the Cryptoassets Standard) following two rounds of consultation. The Cryptoassets Standard aims to introduce a prudential framework for banks to manage risks arising from exposures to cryptoassets by imposing capital charges depending on the type of asset and activity. The previous consultation, while welcomed by industry, was subject to widespread criticism that it went too far and would make most crypto exposures commercially unviable for banks. We look at what the final proposals say and the impact for market participants.
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With influencers becoming an ever more useful tool to get to consumers, we look at the law regulating the use of influencers from a UK and German perspective
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How brands can suffer reputational damage
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The right influencers, the right audience, the right content and managing risk
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Our weekly global fintech round-up, summarises fintech regulatory developments that have happened around the world along with our Clifford Chance fintech publications and upcoming events
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The Tech Policy Unit Horizon Scanner is our monthly dive into the key tech policy and legislative developments around the world.
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Our quarterly newsletter delivering concise summaries of the most interesting cases from the UK's Advertising Standards Authority (ASA) with our key takeaways for all brand owners to be aware of
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The EU is currently creating a comprehensive legal framework, particularly in the areas of digital platforms, data economy and artificial intelligence. Is your company sufficiently prepared? In our new online series "Tech, Talk & Lunch", specialists from our German Tech Group provide exclusive insights and show examples of where companies are likely to need to take action.
During our first event on 21 March 2023, Dr Michael Kümmel (Senior Associate, Tech/Digital) and Dr Nicolas Hohn-Hein (Senior Associate, IP/IT) will address compliance issues regarding the legally compliant use of artificial intelligence ("AI") in companies. Other dates will focus on the new European Unified Patent Court (April 25, 2023) and EU Health Data Spaces (June 13, 2023).
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