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The New UK Carbon Border Adjustment Mechanism
The UK Carbon Border Adjustment Mechanism enters into force on January 1, 2027, imposing a carbon price on imports of aluminum, cement, fertilizers, hydrogen, and iron and steel to address carbon leakage and ensure competitive parity with domestic producers under the UK Emissions Trading Scheme. Operating as a tax administered by HMRC, the mechanism will phase out free allowances over nine years while potentially exempting EU imports if UK-EU ETS linking negotiations succeed.
United Kingdom Environment
JD
Jones Day
Article
Generative AI Will Not Replace Traditional Software – But Must Merge With It
The software industry faces a critical strategic choice as generative AI capabilities advance: should enterprise systems be replaced by large language models, or is there a more nuanced path forward? This analysis examines why the probabilistic nature of LLMs makes them fundamentally unsuited to replace deterministic enterprise software, and proposes an integration strategy that combines the strengths of both approaches.
United Kingdom Strategy
A
AlixPartners
Article
No Public Access: PD 51ZH Varied To Protect The Integrity Of Criminal Proceedings
The High Court has provided important guidance on when courts should restrict public access to documents filed in civil proceedings, particularly where there are parallel criminal prosecutions. In Various Claimants v Entain Plc, the court considered for the first time the circumstances in which a "filing modification order" should be made under the Access to Public Domain Documents pilot scheme, balancing the principle of open justice against the need to protect the fairness of ongoing criminal proceedings.
United Kingdom Litigation
M
Macfarlanes LLP
Article
SFDR 2.0 – Council Of The EU Negotiating Position: Broadly Welcome Changes, But Will They Survive Trilogue?
The Council of the European Union has published its negotiating position on SFDR 2.0, introducing significant changes including an opt-out for professional investor-only AIFs and clarifications on private asset eligibility. Will these broadly welcome amendments survive the upcoming trilogue negotiations with the European Parliament and Commission, and what does this mean for the timeline of implementation now expected in mid- to late-2029?
United Kingdom Commercial
TS
Travers Smith LLP
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