Legal

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] California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020.
• [New] The United States and Brazil introduced new privacy laws, while India is deliberating the introduction of new legislation: The privacy protection trend is expected to continue in 2020.
• Most of the amendments introduced through the Singapore Criminal Law Reform Act and Protection from Harassment Act, passed by Parliament in May, will take effect next year.
• With the California Consumer Privacy Act (CCPA) taking effect at the start of 2020, the impact of privacy regulations and cookie limitations will continue to be a key issue for marketers in 2020.
• Germany plans to phase out coal plants by 2020 by implementing a new draft law.
• In line with Government policy, the Home Office will bring forward an Immigration Bill to repeal free movement from UK law at the end of the implementation period and prepare the way for the future points-based immigration system to be delivered from 2021.
• The global Building Integrated Photovoltaic (BIPV) market reached an annual installation of 1 GW in the past few years and its adoption is expected to be driven in part by Net Zero Energy Building regulations.
• The Netherlands passed its first piece of national climate legislation in 2018, it has published a more ambitious carbon plan for 2030, and it is closing its first coal plant next year.
• There will be laws to create a new immigration system, which could be in place at the end of 2020 and would remove the special status that citizens of other European Union countries currently have in Britain.
• The aviation sector contributes £22 billion to the UK economy each year and provides over 200,000 jobs, and says its new laws will grow the aviation sector.
• Strong growth in the range of 10-20 per cent is expected in the next 1-2 years for HC-290 plug-in refrigerant systems in Europe, mainly driven by high customer demand and future proofing against legislation on high-GWP refrigerants.
• National spending on health care would decrease modestly, by $22.6 billion or 0.6 percent, compared with current law in 2020.
• Supply in the Asian PVC market is expected to tighten in the first-half of 2019, amid stricter safety regulations for producers in China and rising demand in India.
• Passage of legislation to curb ridiculously high medication prices and price increases will not only make medicines more accessible to patients but will reduce government expenditures on drugs by more than $345 billion dollars over 10 years, according to the US Congressional Budget Office.
• Under current law, US national health spending is projected to grow at an average rate of 5.5 percent per year for 2018-27 and to reach nearly $6.0 trillion by 2027.
• In 2020, the California Consumer Privacy Act (CCPA) will take effect, giving users there the right to access their personal information, delete it, and opt out of its sale.
• Under current US law, CBO projects that the budget deficit will exceed $1 trillion next year and continue to grow thereafter - averaging 4.7 percent of gross domestic product (GDP) over the next 10 years.
• The ultra-responsive battery technology provides crucial enabling infrastructure that will allow us to meet the carbon reduction targets set in UK law in conjunction with the stated objective to withdraw all coal-fired generation by 2025.
• Latest proposals may reduce red tape, and set India, which expanded at the slowest pace in six years last quarter, on a path to double its gross domestic product to $5 trillion by 2025 - a goal set Prime Minister Narendra Modi.
• 21 Indian cities will be out of groundwater by 2020, and the impact of future droughts in India brought upon by climate change will put the entire country at risk unless stronger regulations are put in place.
• While total stationary ETS emissions decreased by 29% between 2005 and 2018, the rate of reduction is projected to slow, according to national projections reported by Member States, Iceland and Norway in 2019 under EU legislation.

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Last updated: 14 January 2020