To all my readers, thank you and goodbye. This blog is now an ex-blog.
On 7 July 2016, the UK’s Financial Conduct Authority (FCA) issued finalised guidance for authorised UK financial institutions use of cloud services. In a marked contrast to some other jurisdictions’ approach, this guidance is issued against a policy backdrop of FCA’s ‘Project Innovate’ which is a initiative to foster innovation and competition. The FCA say:
On 6 July 2016, the European Union (which for now includes the UK) adopted the Network and Information Security (or NIS) Directive. This imposes obligations on three sets of stakeholders:
The UK Government today published its first draft of the Digital Economy Bill. As expected, it contains provisions addressing (text taken from Government explanatory fact sheet):
As discussed previously, perhaps one of the most important pieces of legislation for the telecoms sector proposed in the recent Queen’s speech is reform of the Electronic Communications Code, which deals with the telecoms industry’s access to land in the UK.
In today’s Queen’s speech (which sets out the UK Government’s legislative agenda), a number of proposals were made which will impact the UK telecoms sector:
In my last post, I summarised Ofcom’s initial conclusions from its review of the UK digital communications market. One of Ofcom’s conclusions was that the functional separation of BT’s Openreach division (which provides last mile access) from the rest of BT, and the associated regulation of the relationship between BT and Openreach (implemented by binding undertakings) was … Read more
On 25 February 2016 Ofcom published its initial conclusions from its strategic review of the UK’s digital communications market. Whilst much of the headline press coverage has focused on BT being able to retain Openreach, provided its governance is reformed, Ofcom’s review goes much wider than the regulation of Openreach and sets the strategic direction for UK … Read more
On the 18 February 2016, Singapore’s Infocomm Development Agency (IDA) published its decision on the framework for the allocation of an additional 235 MHz of spectrum. This follows their earlier consultations. Key points are set out below: Two stage process to encourage market entry by new entrant (4th MNO) The IDA wants to encourage market entry … Read more
Governance is important for both private and public sector organisations. For development finance organisations (such as IFC, CDC, Africa Development Bank and Asia Development Bank) which are publicly funded and invest in developing countries it is critical. A key part of governance is measuring the development impact that they have through setting goals and measuring the … Read more