Data breach fines grow

Data breach fines have grown since the General Data Protection Regulation (GDPR) came into force, according to the law firm DLA Piper. There have been over 160,000 data breach notifications across Europe May 2018, according to the DLA Piper Read more

Government seeks evidence on barriers to cyber security

The UK government has launched a call for evidence to better understand the barriers facing organisations attempting to integrate cybersecurity within operational risk management. Using resources like cyberlaw services from companies like Sidley can help companies who are facing Read more

Trouble in cryptoland

Cryptocurrency start-up businesses have become of increasing interest to the industry regulator the UK Financial Conduct Authority (FCA), according to an investigation by the Financial Times newspaper. The FCA has increased its investigations into digital currency operations by 74 Read more

Ofwat imposes stiff penalties on Southern Water

Southern Water has been fined £3 million in penalties and £123 million in payments to customers, following an investigation by the regulator Ofwat. It is the biggest penalty Ofwat has imposed.

The watchdog found that the company had deliberately Read more

UK government plans online harm regulation

It has been a long time in coming, but the UK government has published extensive plans to tackle the problem of online harm.The government is to establish a new statutory duty of care, which it hopes will make “companies Read more

Smoke toxicity risk needs action

The Fire Protection Association (FPA) is calling on the government to consider the role that smoke toxicity should play in product approvals before making its final decision on the acceptability of combustible building materials.

The call follows publication of Read more

Mifid II day of reckoning

The day of reckoning arrived for banks, brokers and asset managers this month as Mifid II finally came into force on January 3, 2018.

The Financial Instruments Directive II (Mifid II) – a wide-ranging set of rules that Read more

Do fines work?

Over the past few years, fines doled out to companies by regulators have rocketed. Banks, energy companies and others have received record-breaking fines for not following rules. Last year for instance, the US Department of Justice fined BP over Read more