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Hameed Shuja
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UK’s ICO urges online platforms to strengthen age verification measures
Social media and video sharing platforms operating in the UK have been asked to play their part in ensuring children’s safety and wellbeing online, as regulators say current status-quo is not working.
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Police Scotland fined and reprimanded for mishandling personal data
Lack of adequate policies and procedures cited as reasons for failure to prevent the release of sensitive personal information to a third party.
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ASIC roundup: Record civil penalties, license cancellations, plus more
The Australian Securities and Investments Commission’s latest actions and news, February 25-March 9, 2026.
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Hong Kong launches GenAI regulatory sandbox across entire financial system
The initiative will cover multiple financial sectors including banking, securities and capital markets, asset and wealth management, insurance, mandatory provident fund (MPF), and stored value facilities.
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FCA work in review: March 2-6, 2026
Our regular roundup of the latest news and developments from the FCA.
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John Wood Group fined £12.9m by FCA for issuing misleading statements
The company agreed to resolve the case at an early stage and qualified for a 30% discount on the penalty imposed. The original fine was £18.5 million.
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Report highlights weaknesses in AML supervision among UK firms
OPBAS says the accountancy and legal sectors make a significant contribution to UK GDP, but there is significant room for improvement in supervision.
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UK launches consultation on banning children from social media
Effects of gaming, restriction of AI chatbot features, and overnight curfews are being discussed as part of the consultation.