How are NFT’s regulated in the UK?

Orange background, blue icon representing a privacy policy

The Financial Conduct Authority (FCA) has not yet provided guidance on NFT’s specifically with regards to regulation in the United Kingdom (UK). However, the FCA has distinguished between regulated tokens and unregulated tokens. Regulated tokens include security tokens which fall under the definition of specified investments under the Financial Services and Markets Act 2000 (Regulated […]

What is an NFT and why create one?

NFT stands for non-fungible token. Non-fungible essentially means the token is unique and cannot be replaced with another. For example, a Bitcoin is fungible, so, if you trade one bitcoin for another you would have the same thing. Whereas, if you traded one NFT for another you would have something completely different. An NFT is […]

Proposals to regulate self-driving vehicles announced

Cartoon visual of a park

On 18 December 2020, the Law Commission of England and Wales and the Scottish Law Commission announced proposals to regulate self-driving vehicles which ensure safety through legal framework. The main proposals include: A scheme that includes monitoring the vehicles performance and software updates throughout its life to ensure safety. Defining the responsibilities of fleet owners, […]

Brexit: Sending goods to and from the European Union?

Geo-blocking

Since the United Kingdom’s (UK) exit from the European Union (EU) on 31 December 2020 (end of the transition period) the rules on sending good to and from the EU have changed. You will now need to fill out customs forms when sending goods to the EU, unless sending from Northern Ireland. A brief note […]

Tougher laws criminalizing online bullying are being considered

typing on a keyboard

It has been reported that ministers are working with the Law Commission to create criminal offences which would allow prosecution of those responsible for online communications that caused “serious emotional distress” to a victim. Those convicted could potentially face up to two years imprisonment under seven new criminal “duty of care” laws. The offences could […]

Are you aware of the Children’s Code?

image to represent data protection

The Age Appropriate Design Code or Children’s Code came into force on the 2 September 2020. It has a twelve-month transition period which means organisations need to conform by 2 September 2021. The Code is a statutory code of practice under the Data Protection Act 2018. Data protection law recognises that the personal data of […]

The 15 Standards of the Children’s Code

talking about personal data

The Age Appropriate Design Code also known as the Children’s Code came into force on the 2 September 2020. It has a twelve-month transition period which means organisations need to conform by 2 September 2021. The Code is a statutory code of practice under the Data Protection Act 2018. It contains fifteen standards which are […]

Data protection after Brexit

image to represent data protection

From the 31 January 2020 the United Kingdom (UK) was no longer a European Union (EU) member. Since exit day the UK has entered the implementation period (transition period), during which the UK must continue to comply with the EU General Data Protection Regulations (GDPR) and is generally treated as an EU state for law […]

The A’s to your Q’s on e-commerce!

online shopping

What is e-commerce and why is it so important? In short, e-commerce is the term covering the buying and selling of goods and services online. Traditional commerce has always come in a physical form, e.g. the customer visiting a shop and purchasing goods in person, however, in an ever-growing tech world, everything is moving online. […]

Why Bother?

confused woman

It is no secret but the High Street is on its last legs. By 2023 it is estimated that 71.2% will be using their smart devices to buy stuff. Its quite a figure and for the next two years everybody will be seeking to develop their online businesses. Throw in the pandemic and its never […]