Friday, 31 August 2012

Hi, here is your weekly round-up of highlights from Out-Law News. 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

ISPs' copyright obligations under treaty could infringe individuals' rights, claim groups
Internet service providers (ISPs) will face an increased risk of infringing copyright laws and could infringe users' rights under a new international trade treaty being negotiated, campaigners have claimed.
30/08/2012
O2 to challenge Ofcom's 4G auction decision
Mobile phone operator O2 will appeal against Ofcom's decision to allow a rival firm to launch superfast broadband services later this year using its existing network capabilities, according to media reports.
30/08/2012


ICO issues guidance on disclosing employee personal
Local authorities and other public bodies must ensure that disclosing personal data about their employees under UK freedom of information (FOI) laws is "necessary" even if they have established that it is "fair" to do so, a watchdog has said.
29/08/2012


Firms do not always need to delete personal data to comply with data protection rules, says ICO
Organisations can temporarily keep personal data records even when the information is no longer necessary for processing purposes, the UK's data protection watchdog has said.
29/08/2012


IP observatory body encouraged to increase enforcement capability
Organisations from around Europe have asked for the EU's Observatory on Infringements of Intellectual Property Rights to improve its ability to take enforcement action against counterfeiters and those who engage in piracy.
29/08/2012


US court rejects criticism of Amazon's actions over potential counterfeit sales
Amazon does not have to prevent retailers selling potentially trade mark-infringing goods via its marketplace unless trade mark owners provide sufficient evidence that the goods are counterfeit, a US court has ruled.
29/08/2012

Financial services
Citigroup settles with shareholders who accused the bank of hiding its subprime exposure during financial crisis
Citigroup is to pay $590 million to settle the claims of a group of shareholders that accused the bank of hiding its exposure to the subprime lending markets during the 2008 financial crisis.
30/08/2012
Financial firms expect compliance costs to jump 20% following regulatory split
Financial service firms expect their regulatory compliance costs to rise by as much as 20% after the Financial Services Authority (FSA) splits into two next year, according to a survey of compliance professionals.
30/08/2012


Infrastructure
Virgin begins court action over Government's decision to award West Coast rail franchise to rival
Virgin Trains, the current operator of the West Coast Main Line between Scotland and London, will challenge the Government's decision to award the franchise to its rival FirstGroup in the courts, the company has announced.
29/08/2012


Energy and Natural Resources
UK must work with China on low carbon projects if climate change is to be successfully tackled, MPs say
The UK needs firm policies on how best to help China to access low carbon technologies if it is serious about tackling climate change and securing high value business opportunities for UK companies, an influential committee of MPs has said.
29/08/2012


Tax
HMRC "actively targets" foreign-owned companies for underpaid tax, expert says
Tax authorities in the UK do not take a "light touch" approach to big name overseas businesses, according to figures obtained by Pinsent Masons, the law firm behind Out-Law.com.
29/08/2012


Pensions
ABI demands action on clearer pension charges and costs ahead of auto-enrolment
Pension schemes should implement "consistent and simple" ways of disclosing charges to members, providing them with information about fees regularly as their funds build up, the Association of British Insurers (ABI) has said.
28/08/2012

 


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