The pensions risk transfer market in both the UK and US is continuing to grow alongside interest in new pensions risk transfer markets, as these transactions become increasingly cross-jurisdictional. In this webinar, our pensions, insurance and collateral partners – Clare Hoxey, Paul Koppel, Gareth Old, Dennis Manfredi, Will Winterton and Cheng Li Yow – discussed trends across the industry, from front end pensions transactions to back end collateralised reinsurance structures.
Smart cities are using technology to make cities faster, smarter, more efficient and sustainable. The market for smart city related services is growing fast, with the European Space Agency referencing a forecast growth of +57% between 2020-2025. Many of these smart city services and associated technology are heavily reliant, if not entirely dependent, on space tech. In this webinar, Marco Ferrazzani (European Space Agency), Jesse Klempner (McKinsey & Company), Julia Dreosti and Tom Capel explored the importance of space tech to smart cities, the latest developments, and the opportunities and risks for financial investors in the sector.
Academic Series: Some reflections on the co-existence of judge-made and statutory rules of corporate insolvency law (November 2023)
In this Academic Series session, Professor van Zwieten, Clifford Chance Professor of Law and Finance at the University of Oxford, presented new research on the interaction between judge-made rules and statutory rules of corporate insolvency law (in England and Wales), including in the areas of directors’ liability, transaction avoidance, and recognition and assistance in cross-border cases.
AI Series: Intellectual property and artificial intelligence – a review of new legal challenges (November 2023)
In this session, we looked at the key IP issues for businesses arising from AIacross the US, Europe and APAC. Our international team – Ling Ho, Violetta Kokolus, Don McCombie and Claudia Milbradt – focused on: (i) the IP infringement risks relating to the training of large language models and generative AI tools; (ii) potential IP infringement risks for the users of AI tools; and (iii) whether the outputs of generative AI can themselves be protected by copyright and patent rights..
Measuring and communicating the value of the in-house legal function – a client perspective on what to measure and how (November 2023)
There is growing pressure for in-house legal teams to quantify and report on the value that they bring to the business. In our recent research study, 'Active Legal: Value Pathways', we spoke with GCs and leaders of legal teams across the world and in a variety of industries about how they respond to this pressure and how they approach the difficult subject of measuring value. In this webinar, speakers Angelique de Lafontaine (Bupa Global & UK), Melanie Eckardt (Merck), Adrian Marsh (ING Bank), Simon Schmid and Katharine Missenden shared real life examples of how this is being done in practice.
Implications of the EU Foreign Subsidies Regulation for financial institutions and investors (November 2023)
The European Commission has new powers to take action against distortive subsidies granted by non-EU countries, including those that affect M&A transactions and public tenders in the EU. Filing obligations for certain transactions have created extensive disclosure requirements for financial institutions and investors, both within and outside the EU, even if their dealings with non-EU countries are all on market terms. In this webinar, our panel which included Begoña Barrantes, Arne Gayk, Caroline Scholke, Anastasios Tomtsis and Georgios Yannouchos, discussed best practices for dealing with these new requirements, and their likely impact on M&A and public procurement in the EU.
We were delighted that Stephen King, economist, author and senior advisor at HSBC, joined a panel of Clifford Chance experts from across the global restructuring and insolvency group – Philip Hertz, Delphine Caramalli, Douglas Deutsch, Tim Lees, Diana Schoch and Ilse van Gasteren – to look at what lies ahead for the global economy and the financial markets as we head into what may possibly be a perfect storm.
Technological advances, including generative AI and algorithmic data, are transforming the fashion, luxury brand and retail sectors, providing improved efficiency, sustainability and speed to market. In this webinar, our international team – Uche Eseonu, Megan Gordon, Alexander Kennedy, Andrea Tuninetti Ferrari and Stavroula Vryna – explored the legal issues associated with these innovations: from protecting IP and brand reputation, to leveraging technology for ESG milestones and prioritising consumer cybersecurity. It also examined the regulatory landscape of data privacy protection and its impact on brands as they strive to achieve a balance between personalised customer experiences and privacy concerns.
With increasing global demand for offshore wind to power the clean energy transition, the opportunities and risks are multiplying. In this webinar, Clifford Chance partners Matthew Buchanan, Liesbeth Buiter, Jan Conrady, Christof Häfner, Nadia Kalic, Alexander Leff and Gauthier Martin surveyed the issues arising from new technology, new markets, and new deals, regulatory changes and funding.
Our international panel explored some of the themes arising from overlapping – and sometimes conflicting – sustainability reporting requirements around the world, including in the UK, EU, the US and APAC. In this webinar, Naomi Griffin, Steve Nickelsburg, Kate Norgett, Thomas Voland and Michelle Williams discussed scoping, privilege and enforcement, all with an eye on how to maximise alignment across your business.
The payments revolution – how will CBDCs, stablecoins and tokenised deposits transform settlement globally? (October 2023)
The payments landscape is rapidly evolving as a growing number of jurisdictions consider the introduction of central bank digital currencies (CBDCs), the development of private-sector alternatives and significant regulatory changes. In this webinar, our international panel – Marc Benzler, Jane Chen, Laura Douglas, Jack Hardman and Young Kim – explored the impact of these changes across the globe including the legal challenges that must be addressed. It also discussed the opportunities that private alternatives to CBDCs – such as stablecoins and tokenised cash deposits – offer for facilitating faster settlement, for digital securities and more widely, and how global legal frameworks are adapting accordingly.
Organisations developing strategies for responsible AI development and use are navigating evolving law, policy and public perception in relation to key issues such as fairness, transparency, explainability, compliance with law, effective governance and risk mitigation. In this session, our international panel of experts – Rebecca Fitchett (Milltown Partners), Dr. Miri Zilka (University of Cambridge), Jonathan Kewley, Devika Kornbacher and Stella Cramer – examined differing approaches to AI regulation and policy globally, explored changing public perceptions of AI, and discussed what this means in practice for organisations creating forward-looking, multijurisdictional AI strategies.
Ethics Series l AI Series: Applied ethics and generative AI – challenges and prospects for businesses (September 2023)
Organised in conjunction with the Canary Wharf G30 Conduct and Culture Group and Canary Wharf Multifaith Chaplaincy, this session explored the ethical issues for businesses arising from the use of generative AI. The discussion moderated by Phillip Souta, Global Director of Tech Policy at Clifford Chance, focused on how to get the best out of the new technology given the various ethical challenges it presents around accuracy, consistency, plagiarism, breach of copyright, data privacy and confidentiality, deep fakes, cyber-attacks, hallucinations and inherent bias. It also looked to the impact on future generations, and the ethical implications of the changes that AI may bring on society.
Significant new regimes for cybersecurity and digital operational resilience are coming into effect across Europe. In the EU, this includes NIS 2 which harmonises implementation of the EU’s existing cybersecurity framework, DORA, which addresses systemic cyber risks in the financial system and the Cyber Resilience Act. In the UK, there will be enhanced requirements for financial services under the Financial Services and Markets Act 2023. In this webinar, our expert panel featuring Dessislava Savova, Diego Ballon Ossio, Nadine Neumeier, Simon Persoff and Wouter van den Bosch, covered cyber requirements for companies across Europe, explored how these frameworks fit together and the impact on different sectors. They also provided some practical guidance on how to comply with these parallel and sometimes diverging requirements.