The UK government yesterday accepted the vast majority of recommendations made by a Parliamentary Committee on the Draft Communications Bill. The Bill aims to update and simplify the current regulatory framework for the telecoms industry, and to reform the rules on media ownership.
The Committee made 148 recommendations on the draft, of which 120 were accepted. These include:
Fining the BBC for regulatory breaches;
Clarifying how self-regulation fits within the new framework; and
Increasing the size of the OFCOM (Office of Communications) Board. Under the proposed legislation, OFCOM will be the new single telecoms regulator, incorporating the functions of the five existing regulators (Oftel, Independent Television Commission, Radio Authority, Broadcasting Standards Commission and Radiocommunications Agency.)
The Government's response to the report by the Joint Committee on the Draft Communications Bill can be found at: www.communicationsbill.gov.uk.
People are becoming increasingly aware of the risks of unauthorised use of their name, image or likeness online and the importance of being able to manage such use, especially in relation to social media and artificial intelligence (AI).
Real estate investors are seeking to diversify returns from their property portfolio by operating them. Returns can be boosted where returns are directly linked to the revenues and profits of well-run businesses conducted on or from the premises. This operational real estate model may be an attractive alternative to traditional lease arrangements for some real estate businesses.
While it is often assumed that human rights are reserved for human beings, companies are legal persons having rights in law and do enjoy the protections afforded by human rights legislation.
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