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“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Thailand | Publication | June 2022
On 2 May 2022, the Energy Regulatory Commission (the “ERC”) has officially enacted the ERC’s Notification re: Third Party Access Framework Guideline B.E. 2565 (2022) (the “Third Party Access Framework Notification”) with an effective date on 3 May 2022.
Most of the key principals set out in the Third Party Access Framework Notification remain unchanged compared to its initial draft (Please refer to our previous update here) which aim to provide the possibility of transforming and liberalizing the electricity market to allow private sectors to participate in Thai electricity network systems.
The regulated entities (i.e. Electricity Generating Authority of Thailand, Metropolitan Electricity Authority, Provincial Electricity Authority and others entities that may further announced by the ERC) (the “Regulated Entities”) must procure and submit a third party access code to the ERC within 180 days after the effective date (i.e. within 29 October 2022). In addition, If the Regulated Entities receive an approval for the proposed a third party access code, the Regulated Entities must issue and announce the approved a third party access code within 30 days from the date the ERC approved the a third party access code to the public.
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While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
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It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
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The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
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