World Outlook Publish Learn


WHAT'S NEXT?: Substantive regulatory change is likely to happen in the next decade as a result of the recent U.S. Presidential election, Brexit and efforts to reduce the impacts of climate change, increase trade and reduce bureaucracy while legislating for new forms of technological advancement such as robots, driverless cars and drones.

  • [New] If the Supreme Court rules overturns the right to an abortion the right to safe and legal abortion will either immediately become illegal in at least 13 states, or severely restricted in others. UltraViolet
  • [New] Last year, the Hawaii State Legislature introduced laws banning the sale of sunscreens that contain avobenzone and octocrylene that come into effect in 2023. The Sydney Morning Herald
  • [New] The vast majority of Canada's 434 credit unions and caisses populaires (the equivalent in French-speaking Canada) are provincially-regulated and are not obliged to participate, but they still see open banking as an opportunity to gain new members. American Banker
  • [New] In Europe, turning car data into a service comes with legal risks: Several privacy laws, including the strict General Data Protection Regulation, require companies to obtain permission from customers if their information will be used for a particular service. WSJ
  • [New] Passage of the Crypto Law would help foster financial inclusion in Panama and create additional opportunities for employment. CoinTelegraph
  • [New] Both the US and EU are considering new antitrust regulations that could make sideloading apps a consumer right. Dark Reading
  • [New] The practice of pseudonymisation is recognised in UK and EU law as a measure that promotes data protection and as having the potential to reduce risks to data subjects. Pinsent Masons
  • [New] Judgments like Abu Aram are not only incompatible with international law, but they also push Israeli policies beyond the pale of international legality and put state officials at risk of international criminal persecution. Lawfare
  • [New] In addition to prohibiting said entities from paying ransoms, North Carolina's new law actually goes so far as to prohibit a public entity from even communicating with threat actors in response to a ransomware incident. Data Counsel
  • [New] New York is one of 19 states that have so-called red flag laws, which allow family and law enforcement officials to ask a judge to issue an extreme risk protection order, suspending a person's access to firearms if they are deemed a threat to themselves or others. Education Week
  • [New] States might consider following California's lead and amending their securities laws to better facilitate outside investment in worker co-ops. OnLabor
  • [New] The Energy Department recently announced a $3 billion funding opportunity under the bipartisan infrastructure law for U.S. companies to invest in processing the mined materials to make batteries for electric vehicles. Politico
  • [New] Under new regulations that seek to bar dominant telcos from making profits from mobile termination rates, Safaricom will charge fees to cover only the costs of interconnecting calls from its competitors. Business Daily
  • [New] Hiring North Korean IT workers could have reputational and legal consequences, including sanctions under both US and United Nations authorities. Infosecurity Magazine
  • [New] Reform of Companies House in the UK, now imminent, will result in Companies House being able proactively to share data about suspicious activity on the register with enforcement agencies and use intelligence provided by law enforcement. Lexology
  • [New] As local governments wait for federal and state Notice of Funding Opportunities as part of the Bipartisan Infrastructure Law, they are already investing in local infrastructure projects now using their State and Local Fiscal Recovery Funds dollars through the American Rescue Plan Act. National League of Cities
  • [New] UK government plans to create new data protection laws will make more work and add costs for business, while also creating the possibility of challenges to data sharing between the EU and UK. The Register
  • [New] Hiring the North Koreans poses many risks, ranging from theft of intellectual property, data, and funds to reputational harm and legal consequences, including sanctions under both US and United Nations authorities. The Guardian
  • [New] Financial Services and Markets Bill - will enhance the UK's position as a global leader in financial services, through the establishment of a coherent, agile and internationally-respected approach to financial services regulation. ICLR
  • [New] Proposed changes to UK data protection law must not put the flow of data between the UK and the EU at risk. The Independent
  • [New] Because China has consistently threatened the use of non-peaceful means and has even written that threat into law, all prior agreements between the U.S. and China regarding Taiwan should now be considered null and void. Taiwan News
  • New York is one of several states that have enacted red flag laws in recent years that were intended to try and prevent mass shootings committed by people who show warning signs that they might be a threat to themselves or others. AOL

Last updated: 24 May 2022