Friday, 28 June 2013

Hi, here is your weekly round-up of Out-Law News highlights from international law firm Pinsent Masons.  As always, there are plenty  of other stories from this week.  You can also access our archive of weekly emails.
 

This week's highlights from Out-Law News
TMT & Sourcing and Intellectual Property
‘Always on' culture is 'staggeringly expensive' for IT buyers to guarantee, says expert 
It is almost impossible for businesses to put systems and mechanisms in place to prevent IT outages, despite society demanding near-instantaneous and constant access to services, a panel of experts has agreed. 

27/06/2013 

EU banks face less threat of infringing software patents than those in US, says expert
EU banks are less likely to infringe software patents than their counterparts in the US but should still evaluate whether to undertake a freedom to operate (FTO) analysis before launching new products or services to the market, an expert has said.
27/06/2013

Contract and supplier management key to saving businesses from IT disasters, says expert
OPINION: Major banks have recently suffered some very public IT failures. Some of those failures may be due to suppliers but ultimately responsibility lies with the banks themselves.
26/06/2013
The majority of businesses are now transferring sensitive or confidential data to the cloud, according to a new study.
26/06/2013
 
Internet service providers (ISPs) and telecoms companies will generally have to make regulators aware of all personal data breaches they experience within 24 hours of becoming aware of the breach, under new EU rules.
25/06/2013
 
Researchers that wish to conduct "electronic analysis" of copyrighted content for non-commercial purposes will have a right to copy that information under proposed new copyright laws.
25/06/2013
 
 
Life Sciences
A scheme that helps biomedical scientists to overcome a funding gap to enable them to develop their research sufficiently to attract commercial interest is to receive additional funding from the Government.
27/06/2013
 
Tax
Wealth portfolio managers may have to change the way they charge for their services if they want to ensure that those services do not incur a liability for VAT, an expert has said.
27/06/2013
 
Employment
FOCUS: From 1 July 2013 it will be more difficult to operate a labour dispatch enterprise, offering temporary workers to employers, in China following a change in Chinese labour law. 
27/06/2013
 
Infrastructure
The Chancellor's Spending Round commitment to increase infrastructure spending contains "no certainty that these projects will be delivered", an expert has said.
26/06/2013
 
Restructuring
More law firms will fall into financial difficulties and face intervention from the legal industry regulator this year as high-profile failures discourage banks from making unsecured loans, an expert has said.
26/06/2013
 
Pensions
A High Court judge has accused HM Revenue and Customs (HMRC) of "shameful and aggressive" behaviour following the removal of a Singapore-based pension scheme from its list of tax-advantaged qualifying recognised overseas pension schemes (QROPS).
25/06/2013
 


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