Publication
The federal government weighs in on artificial intelligence governance
Technology evolves rapidly, and artificial intelligence governance is evolving faster than ever—at times, on a daily basis.
Clearing solutions for pension scheme arrangements under EMIR – temporary exemption extended once more
United Kingdom | Publication | May 2023
Pension schemes using certain types of over-the-counter derivatives were previously warned that the temporary exemption under EMIR to centrally clear these trades, which had been extended several times since 2012, was due to end on June 19, 2023.
In our March 2023 update we reported that HM Treasury intended to extend the pension fund clearing exemption for a further period of two years to June 18, 2025. In addition, HMT announced that it would also extend the temporary intragroup exemption regime by a further three years to December 31, 2026.
The relevant extensions will come into force on June 12, 2023, under the Pension Fund Clearing Obligation Exemption and Intragroup Transaction Transitional Clearing and Risk Management Obligation Exemptions (Extension and Amendment) Regulations 2023.
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Recent publications
Publication
DOJ launches antitrust probe into meatpacking industry
The US DOJ has announced that the Antitrust Division has opened an investigation into major meatpacking companies for allegedly increasing prices through price-fixing and collusion, in violation of Section 1 of the Sherman Act.
Publication
Alternatives to traditional non-competes
Following policy announcements in the federal Budget 2025, the viability of non-compete restrictive covenants (RCs) in employment agreements is once again in the spotlight. This is an opportunity to revisit the use of RCs, and possible alternatives.
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