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Recent Editions
North America
Human Times
Federal judges have declined to grant injunctions sought by DoorDash, Uber, and Instacart to block new New York City laws that require food delivery apps to offer customers the option to tip workers. U.S. District Judge George Daniels said the laws "advance the city's goals of enhancing cost transparency" and protecting delivery workers, while also rejecting Instacart's claim regarding state legislation prohibiting such mandates. The companies, which contend that the tipping requirements may harm their business, plan to appeal the decisions. DoorDash has voiced concerns about "tipping fatigue" among customers.
Full Issue
UK
Human Times
A survey by online jobs portal Adzuna has found that UK vacancies fell from 745,448 in November to 716,791 last month, a 15% reduction compared with a year earlier, and the weakest full year since 2020. "Competition for roles intensified and hiring slowed across many of the UK's largest sectors as the usual year-end uplift failed to materialise," said Adzuna co-founder Andrew Hunter, who nevertheless observed early indications of a recovery in graduate and entry-level posts.
Full Issue
USA
Education Slice
The federal tax-credit scholarship program is gaining momentum, with twenty-one states opting in to provide families with funds for private school enrollment and related expenses. This initiative, part of President Donald Trump's One, Big Beautiful Bill Act, allows individual taxpayers to claim a dollar-for-dollar federal tax credit of up to $1,700 for donations to nonprofit organizations that award scholarships to K-12 students. Patrick Wolf, an education policy professor at the University of Arkansas, said: "If they don't participate, many of their citizens will make contributions for which they'll get a federal tax credit, and those dollars will go to students in other states." While some states have opted out, the expectation is that most will eventually participate, as the program aims to expand educational opportunities for families.
Full Issue
USA
Accountancy Slice
The IRS has provided relief from failure-to-pay penalties to nearly 5m taxpayers during the pandemic, as detailed in a report from TIGTA. The IRS temporarily suspended certain automated collection notices in February 2022, but penalties continued to accrue. In December 2023, the IRS announced it would waive these penalties for eligible taxpayers. TIGTA found that over 99% of eligible taxpayers received the relief. The IRS identified around 4.9m individuals and organizations eligible for approximately $1bn in penalty relief for tax years 2020 and 2021. Lia Colbert, commissioner of the IRS's Small Business/Self-Employed Division, stated: "We have already adjusted these taxpayers' accounts so that these taxpayers also benefit from the penalty relief." TIGTA recommended further actions to ensure all eligible taxpayers receive the relief.
Full Issue
Scotland
Legal Matters Scotland
Scotland's early release programme has freed 286 inmates since November, but the prison population has only decreased by 68, remaining above the 7,805 design capacity. Justice Secretary Angela Constance acknowledged the overcrowding challenges but said the emergency early release scheme in place had "stringent safeguards to protect public safety." The scheme targets inmates serving less than four years and within 180 days of release. However, the Scottish Prison Service warns that the current measures are insufficient for long-term relief. Future releases are planned, but governors can veto cases if they deem a prisoner poses a risk.
Full Issue
North America
Legal Slice
Meta Platforms, TikTok and YouTube will face scrutiny in a trial in California Superior Court, Los Angeles County this week in what Reuters says is a test case for thousands of other lawsuits seeking damages for social media harms. The plaintiff is a 19-year-old woman from California, identified as K.G.M., who alleges the apps fueled her depression and suicidal thoughts and is seeking to hold the tech companies liable. The companies say a federal law that largely exempts platforms from legal liability for the material that users post shields them in this case. A verdict against the companies would put a crack in that defense, which has protected them from lawsuits for decades, Reuters notes.
Full Issue
Europe
Risk Channel
The European Banking Federation (EBF) has warned that Europe's economy is at risk of falling further behind other regions unless the European Union overhauls regulation that it said is undermining banks' ability to lend. "The regulatory and supervisory landscape has grown increasingly complex and fragmented," EBF President Slawomir Krupa wrote in a letter seen by Reuters. The current situation was "neither satisfactory, nor sustainable," observed Krupa, who is also the CEO of French lender Societe Generale.
Full Issue
North America
CFO Slice
Writing for Reuters, attorney Ola M. Tucker emphasizes that financial institutions must prioritize plain-language compliance writing and responsible use of artificial intelligence (AI) to reduce regulatory risk. Effective compliance programs require clear, actionable documentation that employees can understand and implement - especially under increasing regulatory scrutiny. Recent enforcement actions, such as the $1.3bn fine against TD Bank, highlight the cost of unclear policies and poorly implemented controls. While AI can aid in drafting compliance documents, regulators stress that legal accountability remains with the institution. AI tools must be used under strict governance, including legal oversight and operational testing, to avoid inaccuracies or noncompliance. Ultimately, institutions are advised to treat compliance writing as a critical operational control - using AI to support, not replace, professional judgment.
Full Issue