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Recent Editions
Risk Channel
North America
President Donald Trump remarked on the recent departure of over 10,000 federal lawyers, stating it is “very good” for the administration. He referred to a New York Times report highlighting that many lawyers are moving to Democratic state attorneys general and nonprofits opposing his policies. Trump criticized the media portrayal of this exodus, claiming: “The people that are leaving are Radical Left Deep State Lunatics.” He expressed support for those leaving, wishing them “bigger, better, and brighter” opportunities. The report noted a 17% reduction in federal lawyers since 2024, with significant losses in the Department of Education and HUD. Former HUD lawyer Erik Heins emphasized that the lack of lawyers hampers the administration's ability to function effectively. White House spokesperson Abigail Jackson stated the administration is committed to hiring qualified individuals dedicated to public service.
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Risk Channel
UK/Europe
Temu has been fined €200m by the European Commission for failing to adequately address the risk of illegal products being sold on its platform, making it only the second company to be penalised under the EU’s Digital Services Act (DSA). Brussels said the Chinese ecommerce marketplace had not done enough to mitigate the “systemic risks” posed by illegal goods, despite DSA requirements for large online platforms to assess and manage such risks. Temu is also facing a separate EU investigation into whether illegal products, including items that may not meet EU safety standards, have been sold on its marketplace. The company has until the end of August to submit an action plan detailing how it will improve its risk assessment and compliance processes. Under the DSA, fines can reach up to 6% of annual global revenue for non-compliance.
Full Issue