Global Scans · Legal · Weekly Summary

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WHAT'S NEXT?: Substantive regulatory change is likely to happen in the next decade as a result of the recent U.S. Presidential election, Brexit and efforts to reduce the impacts of climate change, increase trade and reduce bureaucracy while legislating for new forms of technological advancement such as robots, driverless cars and drones.

• [New] Europe's AI Act will create unified regulations for healthcare AI across European Union countries, making it easier for companies to deploy tools internationally. ThePromptBuddy
• [New] The European Central Bank has officially moved to the next phase of its digital euro project, targeting potential issuance of a central bank digital currency (CBDC) in 2029, with a 2027 pilot contingent on legislation. U.S. interest rates uncertainty causes US$1.3b crypto s
• [New] Excessive regulation of AI in Europe could cripple the emerging industry, in a rebuke to European efforts, including the AI Act. Fortune
• [New] US lawmakers have introduced legislation that would direct the Pentagon to create a facility in Texas that could build up to 1 million drones a year. bdnews24.com
• [New] The UK is advancing CARF implementation through secondary legislation to enhance tax transparency starting in early 2026. Crypto Briefing
• [New] The UK's Online Safety Act regulates any user-to-user service regardless of claimed purpose, while the EU uses risk-based regulation capturing platforms by actual harm potential. The Sydney Morning Herald
• [New] AI agents create transparent audit trails, deliver standardized outputs across global offices, and reduce compliance risks through real-time regulation updates. Business Process Outsourcing Services | Unity Communica
• [New] The passage of the landmark AI Act, the world's first comprehensive AI law, classifies applications by risk and prohibits unacceptable uses like social scoring. GESDA Global
• [New] A considerable number of the S&P 500 will need to comply with the European Union's Corporate Sustainability Reporting Directive by 2027 and the California climate disclosure laws will similarly affect a number of large public and private U.S. firms. Edelman Smithfield
• [New] Legislation will be introduced to parliament this week to oblige streaming services to make Australian content. Australian Broadcasting Corporation
• [New] Law enforcement agencies could query digital transactors for investigative purposes, eliciting assistance globally the way police ask for information at crime scenes and in neighborhoods. American Enterprise Institute - AEI
• [New] As markets get even faster, only solutions that combine legal certainty, settlement finality, and liquidity optimization will define the next era of efficiency and trust in global finance. FinExtra
• [New] In the UK, a new legal review into stalking laws highlights the rising threat posed by fixated individuals - especially online. Mishcon de Reya LLP
• [New] National law-enforcement agencies in Europe will likely roll out dedicated crypto-crime units equipped with advanced analytics and cross-border coordination capabilities. Insider Hotcoin -
• [New] Insurers should factor Scope 3-related litigation risk into underwriting and risk assessments - especially in jurisdictions like the UK and EEA, where legal obligations are expanding. www.hoganlovells.com
• [New] Uncertainty surrounding drug regulation and pricing, as well as competitive threats from China's fast-growing biotech ecosystem have added more recent challenges for young companies, too. BioPharma Dive
• Europe is on the brink of a defining moment in AI regulation that could set a precedent for the rest of the globe. The Conference Board
• The German court ruled that RWE could, in principle, be held liable under a German civil law protecting people from unreasonable interference to their property, for its share of global emissions, even for damage occurring abroad. www.hoganlovells.com
• Short and medium-term collaboration on digital assets while legislation and regulatory regimes continue to evolve; Reducing cross-border capital-raising burdens for UK and U.S. firms; and Exploring long-term opportunities for innovation in wholesale digital markets. JD Supra

Last updated: 11 November 2025