The $250 million AI gamble
In 2021, Krafton Inc. made what seemed like a smart, forward-looking bet. The company, best known for global gaming hits, acquired Unknown Worlds Entertainment, the creative force behind the widely loved Subnautica series. The deal was structured with an incentive of an additional $250 million earnout if the studio’s next title, Subnautica 2, performed as […]
Breaking news: EU lawmakers agree on new direction for AI Act compliance
The European Parliament has just made its move on the future of the EU AI Act. In a decisive vote, MEPs backed a package of amendments designed to “simplify” the law. At the same time, EU Member States in the Council of the European Union have already agreed their own position. Together, this sets the […]
The new AI divide: Is US policy redrawing the global regulatory map?
The global race to shape AI is no longer just about technology. It is increasingly about regulation and who gets to define the rules of the game. The White House’s latest legislative framework has indicated that it intends to lead in developing AI and in determining how lightly it should be governed. Its recent domestic […]
The LastPass breach: how convenience became a compliance failure
The ICO’s case against password manager provider LastPass UK Ltd shows that even companies built around security can fail to protect data. The company was fined £1.2 million following a 2022 breach affecting up to 1.6 million UK users. While this looks like another cybersecurity incident, this wasn’t a failure of sophisticated encryption. It was […]
AI regulation, recalibrated: What the EU’s latest move means
The EU has taken a significant step toward reshaping its AI regulatory landscape. The European Parliament’s LIBE and IMCO committees approved their negotiating position on the AI Omnibus and it’s all about simplifying the rules, reducing regulatory friction, and giving businesses more clarity. This is a strategic recalibration on the AI Act that could impact […]
AUSTRAC’s big reset: What the Tranche 2 AML reforms mean for your business
A significant shift is underway in Australia’s fight against financial crime and it is about to redraw the boundaries of responsibility across entire professions. From March 2026, AUSTRAC will begin rolling out new regulatory requirements and a fundamentally different way of engaging with the sectors it supervises. The launch of its redesigned website on 30 […]
Why Europe’s regulators are turning up the heat on “right to be forgotten” compliance
The right to erasure or the “right to be forgotten,” has always been one of the most visible rights under GDPR. But a major new report from the European Data Protection Board (EDPB) suggests that while organisations understand the concept, many are still struggling to implement it effectively in practice. After a year-long coordinated enforcement, […]
GDPR lessons from the €500k fine against FC Barcelona
Recently, Spain’s data protection authority, the Agencia Española de Protección de Datos (AEPD), imposed a €500k fine on FC Barcelona for failing to conduct an adequate Data Protection Impact Assessment (DPIA) before processing biometric data from more than 140,000 members. At first glance, this might appear surprising because the club had produced a risk assessment. […]
Recent SRA decisions highlight compliance blind spots for solicitors and firms
A series of recent enforcement outcomes from the SRA and the Solicitors Disciplinary Tribunal (SDT) highlights the regulator’s focus on three main areas: professional integrity, safeguarding client money, and effective AML governance. While the cases vary widely in seriousness, from rebukes to permanent removal from practice, they collectively reinforce the idea that regulatory compliance depends […]