Messaging service meaning

In this issue: New technologies Information technology Internet Advertising, marketing and sponsorship Telecommunications Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information New technologies OpenAI nears ChatGPT regulation under EU digital rulebook MLex notes ChatGPT now exceeds 120 million monthly users in the EU, passing the 45 million mark that could have it tagged a ‘systemic risk’ search engine under the EU Digital Services Act (EU DSA). That status would make ChatGPT the first standalone AI service governed by the EU DSA, creating a significant precedent for the regulation of AI-driven online services in Europe. A formal designation may still take a few weeks. See: OpenAI inches toward seeing ChatGPT regulated under EU digital rulebook. EU study urges tighter rules on algorithmic management at work The European Parliamentary Research Service (EPRS) has released a study reviewing the rising use of algorithmic management (AM) and...

In this issue: Key developments and materials Internet Media Advertising, marketing and sponsorship Reputation management Telecommunications LexTalk®TMT: a Lexis®Nexis community Daily and weekly news alerts New and updated content Dates for your diary Trackers Useful information Key developments and materials TMT—key developments in 2025 and horizon scanning for 2026 This News Analysis offers a summary of major TMT developments across England and Wales in 2025, and casts forward to what lies ahead in 2026, setting out the landscape clearly. This instalment spotlights core themes spanning AI, advertising, automated vehicles, the internet, media and information technology, across these evolving areas. See News Analysis: TMT—key developments in 2025 and horizon scanning for 2026. Internet Commission designates WhatsApp as Very Large Online Platform under EU DSA Following WhatsApp’s ‘Channels’ feature surpassing the EU threshold of at least 45 million users, the European Commission has formally designated WhatsApp as a Very Large...

This Practice Note outlines the obligations of cryptoasset service providers (CASPs) under the EU’s Recast Wire Transfer Regulation 2 (Recast EU WTR2), also known as the Recast Funds Transfer Regulation 2 (Recast EU FTR2), together with the European Banking Authority’s (EBA) Travel Rule Guidelines, effective from 30 December 2024. It delivers practical direction on addressing core hurdles for CASPs, including self-hosted addresses and the absence of a standardised messaging framework. Background On 20 July 2021, the Commission unveiled an ambitious set of legislative proposals to reinforce the EU’s anti-money laundering (AML) and countering the financing of terrorism (CTF) regime. The objective of this AML package was to enhance the detection of suspicious transactions and activities, and to seal gaps exploited by criminals to launder illicit proceeds or fund terrorist activities through the financial system. The AML package comprises: Regulation (EU) 2024/1624 on preventing the use of the financial system for the purposes of money laundering (ML) or terrorist financing (TF) (the AML Regulation, AMLR) ...

Different examples of alternative service CPR PD 6A, para 9.3, lists various illustrations of alternative service. In the last few years, courts have adopted a broad array of such orders, reflecting growing dependence on technology; judges have permitted service via tools like airdrop, data rooms and social media channels in practice. These routes have also proved effective where unknown defendants are concerned. At times, one alternative method must be paired with another; for instance, an order permitting airdrop has stipulated delivery by email. Despite the expansion of different techniques, the central purpose of service remains unchanged: to bring the documents squarely to the attention of the person to be served. In many situations, email will be the most fitting route to achieve that aim. That proliferation should not distract from the fundamental objective of service, namely alerting the party to the proceedings and the documents in issue. Accordingly, selecting the channel most likely to secure notice is critical, and in matters the simplicity and reach of email makes it...

Scope of this Practice Note This Practice Note: sets out what fund tokenisation and digitalisation mean and how they diverge from conventional funds; surveys UK and overseas regulatory moves, highlighting current UK workstreams; details practical steps to launch a tokenised fund; evaluates the benefits of distributed ledger technology (DLT) for funds; flags principal challenges and risks; and suggests next steps for practitioners. What is fund tokenisation and digitalisation? Fund tokenisation involves capturing elements of a fund’s administration and investor rights as digital tokens recorded on a blockchain ledger. A token digitally mirrors a standard unit or share in a UK authorised fund. The investor’s legal interest remains that of a traditional unit/share; the novelty lies in the representation and maintenance of ownership and fund records. In a traditional UK authorised fund, the unit/share register, asset register and client data sit in conventional book‑entry systems across multiple service providers. Reconciliations between separate platforms are routine and typically run...