Daily Briefing Podcast

Regulation

UK government launches £500m Anti-Money Laundering and Asset Recovery Strategy with 500 new enforcement officers

A £500m enforcement surge means AML compliance failures now carry far greater criminal and reputational risk for City firms.

Disputes

Employment Appeal Tribunal upholds unfair dismissal finding against NSL Ltd but partially allows disability discrimination appeal in NSL Ltd v Bean

Employers cannot tick the reasonable adjustments box in theory and then hand a dyslexic employee documents they cannot read.

Energy & Tech

UK August inflation jumps to 3.1% as soaring energy costs drive the sharpest monthly rise in recent months, adding pressure to Thursday's Bank of England rate decision

At 3.1% CPI with Brent at $108, the Bank of England's rate-cut window has closed for the foreseeable future.

Capital Markets

US 10-year Treasury yield breaches 5% for the first time since 2007, rattling global equity markets as a Federal Reserve rate hike looks near-certain

When Treasury yields hit 5%, the cost of capital resets for every leveraged deal and bond refinancing in the pipeline.

Energy & Tech

Two Irish Sea Offshore Wind Projects Win Planning Consent for Shared Grid Infrastructure, Adding Up to Two Gigawatts to Britain's Network

Shared grid consent removes the single biggest bottleneck for Irish Sea offshore wind.

AI & Law

Nvidia CEO Jensen Huang argues AI firms should self-regulate and reject new laws, as Anthropic's Dario Amodei calls for a global slowdown and an industry safety accord

The Huang/Amodei split means AI self-regulation and mandatory legislation are now live competing outcomes, not a settled question.

International

Broadfield hires RPC's Hong Kong disputes team leader Jonathan Crompton to rebuild its Asia disputes and investigations practice after two departures to White & Case

Rebuilding a disputes practice within months of two departures shows that Hong Kong arbitration mandates are too valuable to leave uncovered.