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WHAT'S NEXT?: Substantive regulatory change is likely to happen in the next decade as a result of the recent U.S. Presidential election, Brexit and efforts to reduce the impacts of climate change, increase trade and reduce bureaucracy while legislating for new forms of technological advancement such as robots, driverless cars and drones.

  • [New] New Zealand is one of only a handful of developed countries that does not regulate online casinos and that places New Zealanders at risk of being targeted by unscrupulous offshore gambling operators. The Beehive
  • [New] The Reserve Bank of New Zealand will focus on it's mandate as the sole prudential regulator, while the Financial Markets Authority would assume the role of sole conduct regulator. The Beehive
  • [New] Capabilities that provide supply chain traceability can help ensure compliance with new laws like the EU Deforestation Regulation, which is expected to go into effect at the end of 2024. Krishak Jagat
  • [New] Europe seems committed to forcing innovators to prove to regulators that a technology will not cause harm rather than making rules designed to stop proven harms. Reason.com
  • [New] The sheer pace of emerging risks and regulations has increased the need for companies to modernize audit, risk and compliance programs. Accounting Today
  • [New] Relevant parties should strictly abide by Chinese laws and regulations, and China will take all necessary measures to resolutely safeguard its legitimate rights and interests. The Shillong Times
  • [New] Many outside of Europe will just view the new AI law as a way to tax companies that do development outside of Europe. Aragon Research
  • [New] European Union lawmakers gave final approval Wednesday to a landmark law governing artificial intelligence, leapfrogging the United States once again on the regulation of a critical and disruptive technology. CNN
  • [New] The CCPA definition creates the potential for extremely broad legal interpretation around what constitutes personal information, holding that personal information is any data that could be linked with a California individual or even a household. ISACA
  • [New] IMC's fleet of 50 Nikola hydrogen fuel cell electric trucks will be on the roads by the end of 2024, in line with pending California regulations mandating that all new drayage trucks registered must be zero-emission vehicles. BizClik Media Ltd.
  • [New] Combating the risk of greenwashing remains a key priority for regulators in many countries and a dominant thread running through many of the regulations that will begin to bite in 2024. Clifford Chance
  • [New] If Google's proposals receive full approval from the U.K.'s Competition Markets Authority, effectively the global lead regulator on Privacy Sandbox, they argue, it could nullify any potential remedies sought by antitrust authorities in the U.S. Digiday
  • [New] Regulators in other major markets have become increasingly comfortable with ETNs being offered to investors for example Hong Kong also signalled that it will approve ETNs at the end of last year. Lexology
  • [New] As part of the periodic awareness campaign, traffic police across Europe will be ensuring compliance with all of the regulations which aim to make the roads a little bit safer for all. The Leader Newspaper
  • [New] The European Defence Industry Programme is the new legislative initiative that will bridge from short-term emergency measures, adopted in 2023 and ending in 2025, to a more structural and longer-term approach to achieve defence industrial readiness. Defence Industry and Space
  • [New] In compliance with pending regulations mandating that all new drayage trucks registered must be zero-emission vehicles in an effort to phase out fossil-fuel trucks from ports by 2035, Nikola's hydrogen fuel cell electric vehicles offer an immediate and viable solution. MarketScreener
  • [New] An AI Act for South Africa will mean working closely with regulators to understand their timeline, but we usually adopt EU and international regulations to get compliance sooner. TechCentral
  • [New] The EPA rule is part of a series of proposed regulations that, in concert with a proposal from the Department of Transportation, would slash the allowable emissions from new vehicles to a quarter of their current levels by 2032. The Columbian
  • [New] After almost a year of pressure from automakers and industry groups, the Biden administration is expected to soften proposed regulations meant to sharply curb vehicle emissions and promote EVs. The Columbian
  • [New] Wang elaborated that China would take preventive measures such as improving its systems and regulations, carry out disease prevention control according to law, improve resource allocation and the mechanism to shift between normal operations and emergency risks. Bernama
  • [New] Companies that use business aviation are expected to operate in full compliance with tax laws and applicable Securities and Exchange Commission rules. NBAA - Washington D.C.
  • [New] A report published in 2024 by the United Nations predicted that it could take another 286 years to close the global gender gaps in legal protections for women and girls. Committee for a Workers' International
  • [New] Many stakeholders in Africa complain that overly broad or restrictive regulations risk stifling growth of an innovation-filled sector that supports financial inclusion and economic activity. Carnegie Endowment for International Peace

Last updated: 19 March 2024



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