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Latest Risk & Compliance News

ICO consults on draft updated guidance on research, archiving and statistics provisions following DUAA 2025

The Information Commissioner's Office (ICO) has launched a consultation on draft updated guidance concerning the research, archiving and statistics (RAS) provisions. The updates follow the introduction of the Data (Use and Access) Act 2025 (DUAA 2025) and include revised criteria for scientific research, in response to requests for greater clarity. The consultation also seeks views on the ICO's approach to the new disproportionate effort exemption under DUAA 2025, s 77, which exempts organisations from the requirement to inform data subjects when re-using previously collected data for research purposes. The consultation closes on 27 April 2026.

NCA annual plan sets budget and strategic priorities for 2025-26

The National Crime Agency (NCA) has published its annual plan for 2025–26, outlining a total budget of £1,012m. The plan details four organisational priorities: (1) increasing disruption of organised immigration crime; (2) strengthening collaboration with the Crown Prosecution Service to improve judicial outcomes; (3) delivering high-impact operations against serious and organised crime (SOC) threats and (4) advancing capabilities to address technology-enabled crime. The NCA reports achieving 450 high-impact disruptions in 2024–25, exceeding its target of a 50% increase. The Home Secretary has also set key strategic priorities for 2025-26, directing NCA to: (1) strengthen and protect the UK border; (2) reduce fraud and combat corrupt elites, cyber and economic crime and (3) strengthen bilateral and multilateral international partnerships, including through Europol and INTERPOL.

Risk & Compliance weekly highlights—26 February 2026

This week's edition of Risk & Compliance weekly highlights includes the FCA Chief Executive’s call for fewer new rules, developments in the UK’s Russia sanctions framework including OFSI’s new and amended general licences and the FCDO’s largest sanctions package since early 2022. We also highlight OFSI’s new compliance guidance following a recent penalty, the EDPB’s global statement on AI‑generated imagery and privacy and two key data protection updates: the ICO’s Court of Appeal win in the DSG Retail case and the EDPB’s report on difficulties organisations face in implementing the GDPR right to erasure.

OFSI extends General Licence for Lukoil International entities’ business operations

The Office of Financial Sanctions Implementation (OFSI) has extended General Licence INT/2025/8031092, which permits the continuation of business operations with Lukoil International entities. The licence will now expire on 25 August 2026. The licence was originally issued on 27 November 2025 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855. OFSI has also updated FAQ 174 of its UK Financial Sanctions FAQs to reflect the extension.

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