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Recent developments in respect of the Italian investment management exemption regime Does an Italian investment manager create a permanent establishment for a foreign investment vehicle? Not necessarily – especially now that the investment management exemption (IME) has been implemented. The IME is an important safe harbour for the invest... Amazon in the firing line as UK Supreme Court tackles targeting The UK Supreme Court has confirmed that Amazon infringed Lifestyle Equities’ UK and EU trade marks by offering for sale certain third party goods to UK consumers through its US website, Amazon.com. This is the first time that the Supreme Court has conside... Data scraping: ICO’s first attempt at legal clarity Data scraping or “web scraping” has various definitions but essentially means the process of gathering, copying or extracting information (including text, images and videos and therefore often personal data) from the internet with a view to storing that i... Are you ready for the EU AI Act? Final vote in the European Parliament passed today The EU AI Act has passed one of its final hurdles before becoming law. While provisional political agreement on the Act was reached before Christmas (see our blog), further work was required to iron out some of the ‘technical’ details, and it still needed... ICO Consultation Series on Gen AI: Second Call The ICO has launched its second call for evidence as part of its consultation series on data privacy and generative AI. The ICO’s first call for evidence covered the lawful basis for training generative AI models on web-scraped data (see our earlier blog)... “Pay or consent” models – a way forward? This week the ICO launched a call for views on the use of “pay or consent” models in the context of ad-funded online business models, many of which rely on cookies or similar tracking technologies.  Data privacy concerns around “pay or consent” models  A ... European Commission fines Apple €1.8 billion for anti-competitive App Store rules The European Commission has this week imposed a €1.8 billion fine on Apple for abusing its dominant position in the market for the distribution of music streaming apps through its App Store.  The fine, which is the culmination of a five-year investigation... The UK’s Spring Budget 2024 Perhaps unsurprisingly given the looming general election, flagship measures announced at the UK’s Spring Budget 2024 felt more focussed on individuals than, for example, during the Autumn Statement 2023 when we had several exciting corporate tax announce... Interest on pension arrears: deduction of tax on cross-border payments It is generally well understood how the UK’s withholding tax regime applies to interest paid under a loan and how PAYE (or pay as you earn) applies to pension income. The position has, however, historically been a little murkier where those two regimes co... A “missed economic opportunity”: the European Commission publishes its Digital Infrastructure White Paper On 21st February, the European Commission (EC) published a White Paper titled “How to master Europe’s digital infrastructure needs?”.  The paper’s findings and proposals follow years of feedback from industry players that the EU’s regulatory landscape mak...