Welcome to this week's Knowledge Collection
As the new year approaches, we look ahead at what to expect. There are already a number of reforms to UK employment law anticipated in 2023, with a number of bills in progress in Parliament and an important ruling on holiday pay from the Supreme Court expected.
Next year may also bring further changes to the rules on gambling in the UK, with a long-awaited white paper rumoured to be soon to emerge. A tightening of the regulatory framework for cryptocurrency is also expected, in both the UK and the EU. While an increase in compliance obligations will potentially add operating costs, some in the market may welcome a greater focus on risk management and more stability after a particularly volatile year.
In some sectors, pressure for regulatory change is growing, as the speed of technological developments outpaces current frameworks. The Regulatory Horizons Council, an independent expert committee charged with advising the government on the implications of innovation, has produced a report making recommendations on how the UK can encourage innovation and improve safety in the area of artificial intelligence as a medical device through changes to the regulatory system.
And 2023 will also see developments on the evolving issue of bad faith in trade mark registrations, with a Supreme Court case to be heard in the summer, and a recent Court of Appeal decision on an interim point in a different case which suggests that...
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