Payment Innovators Network Podcast By Shoosmiths: Ep2 With Luca Predebon

TLT's AI Brief for September examines the growing pressure on accountability and disclosure in artificial intelligence, covering new regulatory consultations, landmark legal statements on AI liability...

The European Commission has proposed the EU KIDS Act, introducing age-based restrictions and comprehensive safety-by-design obligations for social media, video-sharing platforms, online games, and AI chatbots.

The European Commission has proposed the EU KIDS Act, a comprehensive regulation that extends far beyond a simple social media ban for under-13s. This ambitious framework introduces tiered age-based restrictions, safety-by-design obligations across digital services including AI chatbots and online games, and mandatory certified age-verification systems. With potential fines reaching 6% of global turnover and enforcement mechanisms piggybacking on existing DSA machinery, organisations offering digital servic

The European Commission has proposed the EU KIDS Act, introducing comprehensive restrictions on minors' access to social media and video-sharing platforms while imposing extensive online safety requirements across digital services. This landmark legislation will require businesses to implement safety-by-design frameworks, age verification systems, and guardian controls, with particularly stringent compliance obligations for Very Large Online Platforms that must prove their services are safe through independ

Lewis Silkin launches Lettu, an AI-powered platform designed to revolutionize how creators, talent managers, agencies and brands negotiate and finalize commercial deals.

The European Union has enacted its most comprehensive overhaul of passenger rights legislation in over twenty years, introducing significant operational changes for airlines while maintaining the core architecture of the existing compensation framework. With implementation required by October 2027, carriers face expanded obligations around automatic reimbursements, rerouting rights, and assistance provisions, alongside new clarity on extraordinary circumstances and claims procedures.

The Law Society's October 2026 foresight report examines how autonomous AI could fundamentally reshape England and Wales' justice system, warning that without proper digital infrastructure and governance frameworks, agentic AI risks compounding existing systemic failures rather than resolving them. With 94% of UK legal professionals now using AI tools regularly...

OpenAI's integration of advertisements into ChatGPT marks a significant shift in how retailers can reach consumers through conversational AI. As this emerging channel offers contextual relevance at moments of genuine purchasing intent, retailers must navigate complex advertising regulations, data protection requirements, and sector-specific rules to ensure compliance while capitalizing on this novel marketing opportunity.

Generative AI offers genuine opportunities for in-house legal teams, but it also creates distinct professional risks that require careful management. Recent regulatory guidance from the Law Society and SRA warning notices highlight critical concerns around AI-generated legal work, from fabricated case citations to confidential data exposure. How should in-house lawyers balance AI efficiency gains against their professional duties and regulatory obligations?

The European Commission has proposed the EU KIDS Act, a comprehensive regulatory framework establishing a minimum age of 15 for social media access and mandating safety-by-design principles for digital services accessible to minors. This analysis explores how the Act's four pillars compare with the UK's Online Safety Act, examines its relationship with existing EU digital regulations including the DSA and upcoming Digital Fairness Act, and outlines the practical compliance implications for platforms operati

Draft legislation introduced into UK Parliament seeks to prohibit the development, deployment and operation of artificial superintelligence systems through a private member's bill.

The London Stock Exchange has implemented sweeping reforms to the AIM Rules, fundamentally reshaping admission requirements, transaction thresholds, and governance obligations for companies on the Alternative Investment Market. These changes eliminate longstanding requirements like working capital statements and corporate governance codes while introducing new features such as capital access windows and special voting shares, marking the most significant overhaul of AIM regulations in recent years.

The ongoing commercial rivalry between fast-fashion giants Shein and Temu has evolved into one of the most significant intellectual property disputes in the e-commerce sector. This landmark case examines critical questions about copyright ownership, platform liability, and the legal responsibilities of online marketplaces in the digital age.

The UK government has published a technical consultation on transitional provisions for the increase in Normal Minimum Pension Age (NMPA) from 55 to 57, effective April 2028. The draft legislation aims to protect individuals aged 55 or 56 who have already taken steps to access their pension benefits, ensuring these payments remain authorized and avoid tax penalties.

The UK government's Immigration and Asylum Bill 2026 proposes sweeping changes to corporate modern slavery reporting, introducing mandatory content requirements, financial penalties up to £1 million or 1% of turnover, and enhanced board-level accountability. Organizations that have taken a minimal compliance approach to the Modern Slavery Act 2015 face significant reputational and regulatory...

The Public Office (Accountability) Bill, known as the Hillsborough Bill, is progressing through Parliament with provisions that extend far beyond traditional public bodies. Private sector organisations delivering outsourced public services or supplying critical systems to government may find themselves subject to new statutory duties of candour, criminal liability for failing to cooperate with inquiries, and enhanced scrutiny at inquests. Will your organisation's governance and investigation procedures with

The UK venture capital market has rebounded from its 2022-2024 downturn, with funding activity recovering and larger rounds returning, particularly for AI and DeepTech businesses. However, despite improved market conditions, investors maintain strict deal terms focused on founder alignment, governance protections, and exit control. Analysis of proprietary deal data reveals how capital concentration, leaver provisions, liquidation preferences...

London's AIM market has introduced a new Express Market route designed to streamline admission for established overseas companies. The reforms replace the previous Designated Market framework with a broader, more proportionate approach that recognises regulatory scrutiny and public company experience already demonstrated in qualifying international markets. Will this create a genuinely compelling pathway for international issuers seeking access to UK growth capital?

The UK's takeover framework is transparent and internationally respected, yet overseas buyers often struggle not with technical provisions but with the transaction mindset required. Understanding the critical differences between UK public M&A and other jurisdictions—from the binding nature of Rule 2.7 announcements to strict financing requirements and limited contractual protections—can mean the difference between a successful acquisition and costly missteps.

The UK Government has launched a consultation proposing significant changes to the withholding tax regime on interest payments to overseas lenders. The proposed reforms would shift from HMRC's current gatekeeping role to a self-assessment system where UK borrowers independently determine treaty relief eligibility, fundamentally altering compliance responsibilities and risk allocation in cross-border lending arrangements.