In this edition, we provide an update on the introduction of the Bank Resolution (Recapitalisation) Bill and a draft bill from the Law Commission on recognising digital assets as personal property. Our edition also features recent EU publications including the EU Artificial Intelligence Act and further policy materials on the EU Digital Operational Resilience Act (DORA). Last but not the least, in this issue we also share our insights on the recent consultation from the Basel Committee on Banking Supervision on effective third-party risk management. Some of these changes impose strict regulatory deadlines on firms while also offering new business opportunities.
Published date: 10 September 2024