United Kingdom | Publication | May 2024
The Prudential Regulation Authority is consulting on rule amendments to increase Financial Services Compensation Scheme coverage on pension scheme buy-outs applying to individuals who have moved abroad. The proposal is to make the changes by the end of the year and the consultation closes on May 30, 2024.
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The US Copyright Office recently released a pre-publication draft of Part 3 that addresses issues arising from using copyrighted works in developing and training generative AI systems, including infringement, fair use, and licensing.
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On May 14, the CSA published harmonized blanket orders (the LIFE Blanket Orders) that significantly increase the amount of capital that may be raised in reliance on the listed issuer prospectus exemption (the LIFE Exemption) contained in National Instrument 45-106 Prospectus Exemptions (NI 45-106).
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In our August 2024 article “The BESS is yet to come: Legal trends in Australia's large-scale battery sector”, we discussed the rise of utility-scale Battery Energy Storage Systems (BESS) projects in Australia and the shift away from the traditional engineering, procurement and construction (EPC) contract model to a split contracting model to deliver these projects.
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