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UK Risk and Compliance Weekly: ICO complaint framework, OFSI Evraz licence revoked, HMT AML reforms, failure to prevent fraud, SFO LIBOR reversals, AI content labelling - 4 September 2025

Published on: 04 September 2025

Published by a LexisNexis Risk & Compliance expert
Legal News
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Article summary

Risk & Compliance weekly highlights—4 September 2025

In this issue:

  • Data protection
  • Financial sanctions
  • AML, CTF & counter-proliferation financing
  • Other financial crime
  • Cybersecurity
  • Other Risk & Compliance updates this week
  • LexTalk®Risk & Compliance: a Lexis®Nexis community
  • Daily and weekly news alerts
  • Trackers
  • New and updated content

Data protection

ICO launches consultation on data protection complaint handling framework

The Information Commissioner’s Office (ICO) has opened a consultation proposing updates to its approach for handling data protection complaints, including a new assessment framework to determine which complaints proceed to investigation. The proposals address rising volumes—42,881 in 2024/25—and align with the Data (Use and Access) Act, which requires organisations to maintain internal data protection complaint procedures. The framework is intended to channel resources towards higher-risk matters while sustaining oversight of systemic concerns. The consultation closes on 31 October 2025. See: LNB News 27/08/2025 5.

Financial sanctions

OFSI revokes general licence for Evraz North American subsidiaries

The Office of Financial Sanctions Implementation (OFSI) has revoked General Licence INT/2022/1710676...

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