Panic sheets

Panic sheets

Our Precedent panic sheets are designed to assist you in the first 24–48 hours of a crisis. Each panic sheet provides links to ...

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Latest Practice Compliance News

Lloyd's broker faces 2027 trial over US$3m bribery scheme

Law360, London: A Lloyd's of London broker is scheduled to stand trial in 2027 over allegations it failed to prevent its associates in the US from bribing an Ecuadorian official in exchange for lucrative reinsurance contracts worth US$38m.

Commission seeks views on high-risk AI classification and obligations

The European Commission has launched a public consultation to inform the implementation of the EU AI Act's provisions on high-risk artificial intelligence systems. The consultation, conducted by the Commission, aims to gather practical examples and clarify the application of rules concerning high-risk systems, which include those critical to product safety under EU law and those significantly impacting health, safety, or fundamental rights. The feedback will support the development of Commission guidelines on classifying such systems and specifying corresponding responsibilities along the AI value chain. Stakeholders such as developers, users, public authorities, academia, civil society, and citizens are encouraged to participate. The consultation runs until 18 July 2025.

Practice Compliance weekly highlights—5 June 2025

This week's edition of Practice Compliance weekly highlights includes: analysis of outcomes from the cross-government review of sanctions implementation and enforcement, new OFSI video guidance on financial sanctions, the SRA’s consultation on proposed amendments to its first-tier complaints rules, and the Legal Services Board’s enforcement action against the SRA following the Axiom Ince collapse.

EU Commission eyes pausing AI Act’s entry into application

MLex: The European Commission is considering postponing the entry into application of the EU AI Act following controversy around a code of practice for AI models, growing pushback from the industry, and delays in the development of technical standards. The initiative is still to be confirmed and might stop the clock for enforcement of the law with the view of passing targeted amendments meant to simplify certain aspects.

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