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PRACTICE NOTES
The Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 WEEE 2013, SI 2013/3113 implemented the requirements of Directive 2012/19/EU, WEEE Directive (recast), and repealed and replaced the Waste Electrical and Electronic Equipment Regulations 2006 (WEEE 2006), SI 2006/3289. They are based on the principle of 'extended producer responsibility'. This requires producers to take responsibility for the environmental impacts of their products, especially at the 'end of their life' when they become waste. The Packaging Waste Regulations (SI 2007/871 and SI 2015/1640) and End of Life Vehicles Regulations (SI 2005/263 and SI 2003/2635) also work on this basis. The WEEE Directive (recast), and its predecessor Directive 2002/96/EC, WEEE Directive 2002, are also based on extended producer responsibility. See Practice Note: Waste electrical and electronic equipment (WEEE) Directive—snapshot for more information. Local authorities (LAs) , or their contractors, run most Designated Collection Facilities (DCFs) at civic amenity and waste collection sites. In this capacity, WEEE 2013 places obligations on LAs. Hazardous waste rules must also be complied with. For more information on hazardous waste regulation see Practice Note: Waste
PRACTICE NOTES
The Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 (WEEE 2013) (as amended), implemented the requirements of Directive 2012/19/EU, WEEE Directive (recast), and repealed and replaced the Waste Electrical and Electronic Equipment Regulations 2006, SI 2006/3289. WEEE 2013 is based on the principle of 'extended producer responsibility'. This requires producers to take responsibility for the environmental impacts of their products, especially at the 'end of their life' when they become waste. Producer compliance schemes Under WEEE 2013, SI 2013/3113, reg 14 a producer that places five tonnes or more of EEE onto the UK market in any year is required to join a Producer Compliance Scheme (PCS). PCS exist to help producers comply with their obligations under WEEE 2013 and will arrange for collected WEEE to be sent to either an Approved Authorised Treatment Facility (AATF) or Approved Exporter (AE) for treatment in the UK or abroad. For more information on producers' obligations in general, see Practice Note: WEEE—producer obligations. Applications for approval A PCS must be
PRACTICE NOTES
Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 WEEE in England and Wales is regulated primarily through the Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 (WEEE 2013) (as amended). Regulation is based on the principle of 'extended producer responsibility'. This requires producers to take responsibility for the environmental impacts of their products, especially at the 'end of their life' when they become waste. Who is a producer? WEEE 2013 applies to producers of EEE regardless of the sales method used. A producer means any natural or legal person who: • is established in the UK and manufactures EEE under his own name or trademark, or has EEE designed or manufactured and markets it under his own name or trademark within the territory of the UK • is established in the UK and resells within the territory of the UK, under his own name or trademark, equipment produced by other suppliers, a reseller not being regarded as the ‘producer’ if the brand of the producer appears on the equipment • is established in the UK and places on the market,
PRACTICE NOTES
The Waste Electrical and Electronic Equipment Regulations 2013 The treatment and recycling of WEEE is regulated in England and Wales through the Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113(as amended) (WEEE 2013). Responsibility for enforcement is shared between the Office for Product Safety and Standards (OPSS), which oversees producer and distributor obligations, and the Environment Agency (EA) and Natural Resources Wales(NRS) ) which regulate treatment facilities and exporters. Although this note focuses on England and Wales, the WEEE regime operates across the UK with parallel regulators in Scotland and Northern Ireland. Under WEEE 2013 (as amended), producers of electrical and electronic equipment are required to finance the collection, treatment, recovery and recycling of WEEE. In practice, most producers discharge these obligations through membership of a producer compliance scheme. Approved authorised treatment facilities (AATF) and approved exporters (AE) operate within this system by treating or exporting WEEE and issuing evidence notes to producer compliance schemes to demonstrate that recovery and recycling obligations have been met. WEEE 2013 (as amended) was substantially amended by the Waste Electrical
PRACTICE NOTES
The Waste Electrical and Electronic Equipment Regulations 2013, SI 2013/3113 Waste Electrical and Electronic Equipment Regulations 2013 (WEEE 2013), SI 2013/3113 implemented the requirements of Directive 2012/19/EU, WEEE Directive (recast), and repealed and replaced the Waste Electrical and Electronic Equipment Regulations 2006, SI 2006/3289 (WEEE 2006). WEEE 2013 have since been amended, including by the Waste Electrical and Electronic Equipment (Amendment, etc) Regulations 2025, SI 2025/910, which introduced additional producer responsibility obligations, including obligations relating to online marketplace operators and a new category of EEE for e-cigarettes, vapes and heated tobacco products. WEEE 2013, are based on the principle of 'extended producer responsibility'. This requires producers to take responsibility for the environmental impacts of their products, especially at the 'end of their life' when they become waste. Scope WEEE 2013, SI 2013/3113 applies to all EEE placed on the market in the UK that falls within the scope of WEEE 2013 and has become waste. When assessing whether WEEE 2013 applies to a particular product, three questions should be asked: 1—Is the item EEE? WEEE
NEWS
The World Economic Forum (WEF) and the Financial Conduct Authority (FCA) have collaborated on a paper examining global regulatory approaches to quantum security in the financial sector. It sets out four guiding principles along with a roadmap to reduce complexity and align stakeholders’ activities. The paper says the principles—to reuse and repurpose, establish non-negotiables, avoid fragmentation and increase transparency—are overarching and should inform actions throughout the transition to a quantum-secure economy.
NEWS
The World Economic Forum (WEF) has reported that 80% of ‘the world’s leading scientists’ expect a rise in over 2.5˚C above pre-industrial levels. The WEF has noted that only 6% of respondents from the Intergovernmental Panel on Climate Change believe the internationally agreed 1.5˚C target is achievable.
NEWS
Insurance and Reinsurance analysis: Munich Re’s reinsurance claim against Ascot in respect of its inwards loss settlement to Chevron Corporation failed because the ‘Project Period’ in the reinsurances was not coextensive with the same in the direct insurance. Munich Re argued, unsuccessfully, that it was entitled to be indemnified pursuant to cover provided during the subsequent ‘Maintenance Period’. Its argument was rejected by the court on the basis that, on its proper construction, there was no cover for the loss because the reinsurance policy Maintenance Period was intended to cover completed projects.
NEWS
The World Federation of Exchanges (WFE) has published an open letter highlighting barriers to capital movement caused by cross‑border fragmentation in sustainability regulation. It calls on regulators, governments and related bodies to take urgent and coordinated action, stating that international divergence in sustainability regulation creates significant costs for exchanges, listed issuers and investors operating across multiple jurisdictions, hinders global growth by duplicating costs and erecting barriers to cross‑border expansion, and diverts capital away from substantive sustainable outcomes toward formal compliance.
NEWS
The World Federation of Exchanges (WFE) has published a paper on the opportunities and challenges surrounding artificial intelligence (AI) in financial markets. It suggests that regulators should adopt a principles and risk-based approach and align regulatory standards at both local and international levels.
NEWS
The World Federation of Exchanges (WFE) is consulting on its draft Transition Equity Principles, which it developed in response to global demand for offerings that support credible transition plans and capital allocation towards Net Zero. Responses are sought by 8 October 2026.
NEWS
The World Federation of Exchanges (WFE) has published a policy paper titled 'Policy and Market Impacts of Extended Trading', which examines the implementation of extended trading hours in equity markets. The paper evaluates the operational and regulatory requirements for near-continuous trading and concludes that models offering 22/5 or 23/5 trading schedules are more practical than a full 24/7 market. It notes that there is strong investor demand—particularly for major US stocks during Asian trading hours. The analysis highlights several critical considerations, including the need to ensure robust market controls during overnight trading sessions, manage liquidity disclosure for retail investors, and establish accurate closing or reference prices for benchmarks and settlements.