Related insights: Commercial
Energy transition in the spotlight as Womble Bond Dickinson hosts the Transatlantic Lawyer Network programme
15 Apr 2024
Womble Bond Dickinson's (WBD) Transatlantic Lawyer Network (TLN) - an initiative designed to strengthen relationships and promote collaboration at all levels between UK and US offices - returns this week, with the energy transition at the forefront of the programme.
Customs declarations mistakes are costing UK businesses thousands – is it time to re-evaluate processes?
04 Apr 2024
Analysis of over 600,000 customs declarations* has revealed that they contain an average of 34 per cent errors, made by brokers. Research carried out by consultancy firm Barbourne Brook focused on error rates specifically within freight, mass and currency. These errors mean a business is potentially over or under paying its customs duty.
Region strongly positioned for energy sector deals
15 Mar 2024
David Ridley, managing associate at Womble Bond Dickinson, highlights the ever-increasing interest in the region's energy sector.
AI in financial services: gathering speed
12 Mar 2024
The use of artificial intelligence (AI) is not new for UK financial services firms. It is already modernising the banking, insurance and payments sectors, who use it to enhance customer service, personalise insurance cover and detect suspicious payment transactions. The regulators themselves are also hopping on the bandwagon – the UK's Financial Conduct Authority (FCA) announced last year that it is using AI-based models to help tackle fraud. But despite some tangible benefits, the financial services industry is still exercising caution when it comes to AI.
Biometric data – new guidance published
05 Mar 2024
The ICO has recently published new guidance for organisations on the processing of biometric data. Given the unique nature of biometric data and the risks that can arise if incorrectly used or processed, compliance with data protection law is of paramount importance. The guidance was published on the same day that several community leisure trusts were ordered by the ICO to stop using facial recognition technology and fingerprint scanning to monitor employee attendance at work, finding there were less intrusive means available to achieve the same purpose (e.g. ID cards).
Changes to espionage offences in the National Security Act 2023
29 Feb 2024
Partner in Womble Bond Dickinson's commercial team Stephen Anderson has discussed the changes to espionage offences in the National Security Act 2023 with leading IP sector outlet IAM.
Final reminder: 21 March 2024 deadline looms for moving away from the old EU standard contractual clauses
15 Jan 2024
In Autumn 2022 we reported that 22 September 2022 marked the date from which you could no longer use the old EU Standard Contractual Clauses adopted in 2001 and 2010 by the European Commission (the Old EU SCCs) for new contracts transferring personal data outside of the UK under the UK GDPR.
For contracts entered into before 21 September 2022, you could continue to use the Old EU SCCs for an additional period of time before needing to change to an alternative transfer mechanism. This effectively gave organisations an implementation window during which time they could identify any transfers taking place under the Old EU SCCs and then assess those transfers to implement an alternative mechanism.
For contracts entered into before 21 September 2022, you could continue to use the Old EU SCCs for an additional period of time before needing to change to an alternative transfer mechanism. This effectively gave organisations an implementation window during which time they could identify any transfers taking place under the Old EU SCCs and then assess those transfers to implement an alternative mechanism.
Can Artificial Intelligence assist with cybersecurity management?
05 Jan 2024
AI has great capability to both Harm and to Protect in a cybersecurity context. As with the development of any new technology, the benefits provided through correct and successful use of AI are inevitably coupled with the need to safeguard information and to prevent misuse.
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