The Financial Conduct Authority (FCA) has published the Mills Review, about how AI could affect and reshape financial services for consumers, companies, markets and regulators by 2030 and beyond. In January, the FCA launched a review into the implications of advanced AI on consumers, retail financial markets and regulators. The Mills Review draws on views…
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In 2023 the European Union proposed the new Toy Safety Regulation 2025/2509. The regulation came into force on 1 January 2026 and is set to fully apply from August 2030. Under the Windsor Framework the Regulation will also apply in Northern Ireland. Among other things, there is a requirement to assess all connected toys and…
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The Digital Regulation Cooperation Forum (DRCF) (which includes the CMA, FCA, ICO and Ofcom), has published insights about how it aims to advance the safe and effective use of generative AI across its member regulators. It aims to strengthen regulatory capability, consumer protections and ensure alignment with the UK Government’s AI Opportunities Action Plan. The…
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UK law Select Committee warns UK government must set out strategy to achieve sovereign AI capabilities The House of Commons Science, Innovation and Technology Committee has published a report saying that, in an era of geopolitical instability and technological competition, the UK government “may not be able to count on its allies” for access to…
Ken Tombs reflects on the Law Society’s foresight report on the future of agentic AI and compares it against practitioner and international perspectives (as at June 2026) 1. Introduction The Law Society of England and Wales published its foresight report on agentic AI in legal practice in February 2026. It arrives at a point where…
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The Council of the EU has given its final approval to the AI Omnibus, a targeted package of amendments intended to simplify and streamline aspects of the EU AI Act. The changes are particularly significant for providers and deployers of high-risk AI systems, as they extend key compliance timelines and clarify how the AI Act…
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UK law Financial Stability Board consults on financial institutions’ responsible AI adoption The Financial Stability Board is consulting on responsible AI adoption by financial institutions. Its report highlights the benefits and risks associated with AI use in the financial system. To facilitate responsible AI adoption by financial institutions, the report proposes a menu of 12…
Amanda Chaboryk and a team from Epiq highlight the opportunities for AI use in collective actions The UK’s collective actions regime is entering a period of both rapid expansion and transformation. According to the Competition Appeal Tribunal and Competition Service Annual Report [1], the Tribunal issued 76 judgments and made 475 orders in the year…
Snap, Meta and Roblox have confirmed to Ofcom that they will introduce new safety measures designed to protect children from online strangers, ranging from tighter default settings, to AI detection tools and direct chat controls. The p[platforms have made the commitments in response to Ofcom’s demands in March to urgently strengthen protections for children online. …
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At London Tech Week, the UK government announced a cluster of AI initiatives with direct relevance to legal technology, legal services regulation and justice system modernisation. AI Growth Labs The government is launching the advisory AI Growth Labs, a new advisory sandbox intended to accelerate the development and deployment of AI products and services by…
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