The Lens Newsletter - June 2023

In the global race to regulate AI, will the EU get there first?

As pressure to regulate AI continues to mount around the world, the European Parliament has approved its negotiating position for the EU AI Act, bringing the landmark piece of AI specific legislation one step closer. The EU Commission published... Read more

EDPB provides insights on GDPR fine calculations

On 7 June 2023, the European Data Protection Board (EDPB) published the final version of its Guidelines on the calculation of administrative fines. These were finalised more swiftly than usually is the case, albeit still a year after the... Read more

Is cookie enforcement crumbling? No, the ICO warns

Companies that fail to include a “reject all” button in their website cookie banners are “breaking the law” and risking regulatory enforcement, a senior figure from the ICO has cautioned. In a recent interview with MLex, the ICO’s Deputy... Read more

Cyber supply chain risk and the insurance sector

The Capita cyber attack in March 2023 and possible resulting data breach has highlighted again the potential vulnerability of firms to cyber risk via their third party suppliers. The incident was particularly high profile given the scale of... Read more

Post Capita and Zellis, how do you manage cyber supply chain risk?

The recent Capita, MOVEit and Zellis cyber attacks are another reminder of the importance of considering supply chain risk as part of your cyber preparedness plans. Traditionally this has been a blind spot for many organisations. Few were... Read more

Crypto Promo - Slow Mo

The FCA has today published a policy statement and near final rules regarding the promotion of cryptoassets. Absent any unforeseen events, these will come into force on 8 October 2023. The rules take much the same shape as those consulted on by... Read more

UK Government’s White Paper on AI Regulation Gets Stamp of Approval from CMA

It’s good to get a gold star on your homework, particularly when that homework relates to the future of AI regulation in the UK. On 1 June 2023, the CMA responded to the UK government’s consultation on its white paper AI Regulation: A... Read more

National merger reviews under the microscope: insights from digital and tech mergers assessed by competition authorities in the EU

Earlier this year, the European Commission published a report that provides an overview of how national competition authorities (NCAs) across the EU have approached mergers in digital and technology markets in recent years. The report sets out the... Read more