The Product Risk Radar is our online content hub for the latest important legal developments in product regulatory and liability risk affecting the UK and EU (including some specific content for Germany). Through our hub, we will post regular updates
Latest from Global Compliance News
United States: New York LLC Transparency Act
In brief
The New York LLC Transparency Act (“Act“) became effective as of January 1, 2026. Although there was previously uncertainty regarding the definition of a “reporting company” under the Act, on December 31, 2025, the New York Department of
United Kingdom: Employment Rights Act 2025 — Time for Collective Action?
In brief
The Employment Rights Act 2025 (ERA 2025) finally received Royal Assent and became law on 18 December 2025. It represents what the government has described as “the biggest upgrade of workers’ rights in a generation” and includes a
United Kingdom: Employment Rights Act 2025 Update – Summary and Next Steps
In brief
The Employment Rights Bill was approved and finalised on 18 December 2025, after many rounds of parliamentary “ping pong”, becoming the Employment Rights Act (ERA) 2025. Its final form is substantively very similar to previous versions, with one
European Union: European Commission Adopts New ESPR Measures
In brief
On 9 February 2026, the European Commission adopted new measures under the Ecodesign for Sustainable Products Regulation (ESPR), covering two key areas:
- The available derogations for the ban on destroying unsold clothing, accessories, and footwear.
- The disclosure requirements
South Korea: Introduction of Attorney-Client Privilege
In brief
On 29 January 2026, the Korean National Assembly passed an amendment introducing statutory attorney-client privilege (ACP), granting attorneys and clients the right to protect confidential legal communications and related materials. The amendment is expected to meaningfully affect tax
Malaysia: Securities Commission Clarifies Requirements on Digital Asset Broking
In brief
On 30 January 2026, the Securities Commission Malaysia (SC) provided clarity on the regulatory framework governing the offering of broking services for digital assets.
The SC has affirmed the position that Capital Markets Services Licence holders for dealing
United Kingdom: New Cryptoassets Regime Published
In brief
On 4 February 2024, the Financial Services and Markets Act 2000 (Cryptoassets) Regulations 2026 (“Cryptoassets Regulations”) were made, establishing a comprehensive regulatory framework for cryptoassets in the UK. Under this new regime, cryptoasset firms falling within scope will
Australia: Landmark Penalty for Cyber Security Failures
Federal Court imposes AUD 2.5 million fine for breach of AFSL obligations
In brief
The Federal Court of Australia in Australian Securities and Investments Commission v FIIG Securities Limited [2026] FCA 92 has ordered FIIG Securities Limited (FIIG) to pay
European Union: EU Commission and Courts consider national digital laws inapplicable
In brief
This article has practical relevance for online service providers that are either established in an EU Member state or subject to the Digital Services Act and currently see themselves pressured to comply with national digital regulatory rules that