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QUANTUM TECHNOLOGIES HUB The Law Reviews EU AI Act to Enter into Force The EU’s AI Act will come into force on 1st August 2024. Cited by the Commission as the ‘world’s first comprehensive AI law’, The Act has caught the attention of organisations across the globe with its focus on responsible innovation, wide extra-territori... Ofwat publishes PR24 Draft Determinations 1. Introduction 1.1 On 11 July Ofwat published its Draft Determinations under Price Review 2024 (PR24), following a delay to the original timetable as a result of the UK General Election on 4 July 2024. 1.2 Draft Determinations are the first public indica... UK Listing regime reforms: FCA publishes final version of new Listing Rules The FCA has published the final version of the new UK Listing Rules (UKLR), which will come into force on 29 July 2024. Designed to help improve the appeal of the UK’s equity capital markets, the new rules represent the most far-reaching reforms of the li... Data Privacy Newsletter - Issue 25 In this issue: Legal updates, case law update, regulatory guidance, enforcement overview, views from Brazil, Data Privacy at Slaughter and May Welcome to the summer edition of our newsletter. There certainly has been a season change in the political and l... No requirement to accept non-contractual performance to overcome force majeure event: RTI v MUR Shipping The UK Supreme Court has held that the requirement on a non-defaulting party to use ‘reasonable endeavours’ to overcome a force majeure event does not require the non-defaulting party to accept an offer of non-contractual performance absent clear wor... Hague Judgments Convention: UK joins new regime to simplify cross-border enforcements of judgments The UK has ratified the 2019 Hague Judgments Convention. When it comes into force for the UK next July, it will make it significantly easier to enforce a wide range of English court judgments in 28 countries – including all bar one of the EU’s member stat... Hong Kong Stock Exchange consults on amendments to the Corporate Governance Code and related rules Overview The Hong Kong Stock Exchange (the Exchange) has issued a consultation paper with wide-ranging proposals to amend the Corporate Governance Code (CG Code) and related Listing Rules with the aim of promoting strong corporate governance practice... Competition and Regulatory Newsletter: European Court of Justice hands down judgment in Servier, siding with Commission in ‘pay for delay’ appeals On 27 June 2024, the European Court of Justice delivered its latest judgments in a long-running saga relating to so-called ‘pay for delay’ agreements. The judgments largely affirm the European Commission’s 2014 decision to fine Servier and several generic...