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Recent Editions
North America
Human Times
Employers who are concerned about applicants using stolen or fabricated identities to boost their chances of getting a job are verifying applicants' identities throughout the hiring process by taking biometric scans of their faces and scrutinizing email histories. More than a third of about 1,230 headhunters and hiring managers surveyed by hiring software firm Greenhouse say they now spend half their time filtering for “spam and junk” job applications. “Technologies are now being used that draw from well-tested, decades-old cybersecurity used in places like airports and voting and military and government applications to the ordinary business of applying to a job,” Greenhouse CEO Daniel Chait said. Almost a quarter (23%) of U.S. companies polled by background-check provider Checkr said hiring fraud had cost them more than $50,000 in the past year because of delayed projects, compliance issues and rehiring costs.
Full Issue
UK
Human Times
BP is cutting 700 "non-frontline" jobs as part of its restructuring under new CEO Meg O'Neill. The reductions would impact around 8% of the 8,500 such roles that historically were part of the company's production and operations business. "If your role is affected, that could mean that it does not exist in the new organisation, changes materially, or moves into a different part of the organisation," an internal email said. “We are building a simpler, stronger, more valuable BP. As part of this process, we are proposing changes that would result in a reduction in roles," a BP spokesperson told Reuters.
Full Issue
USA
Education Slice
A U.S. Senate committee has advanced bipartisan legislation aimed at reversing key elements of the Trump administration's plan to dismantle the Department of Education, keeping oversight of K-12 education, special education, Title I, the Individuals with Disabilities Education Act (IDEA), the Office of Postsecondary Education, and the Office of Indian Education within the department. The bill represents the strongest congressional challenge yet to the administration's restructuring efforts, although it still requires approval from the full Senate and faces an uncertain path in the House. The legislation also requires the Department of Education to provide quarterly reports on the cost of implementing the agency transfers, following concerns that the administration has already spent $1 million relocating one office and requested an additional $9m for the transition. While the administration defended the changes as improving efficiency and delivering "measurable results," critics argued the reorganization weakens protections for students with disabilities and civil rights enforcement by shifting responsibilities to other federal agencies.
Full Issue
USA
Accountancy Slice
The Senate Finance Committee has approved the Taxpayer Assistance and Service (TAS) Act by a 26-1 vote, advancing legislation designed to modernize the IRS, improve taxpayer services, and reduce administrative burdens. AICPA welcomed the bill, highlighting provisions that would expand digital services, improve access to tax and refund information, introduce taxpayer wait-time dashboards and callback technology, strengthen protections for taxpayers facing financial hardship, extend the "mailbox rule" to electronic submissions and payments, and give the IRS greater authority over preparer tax identification numbers. The legislation now moves to the full Senate for consideration. While supporting the bill, AICPA noted that it does not include the proposed Simplify Automatic Filing Extensions (SAFE) Act, which would streamline filing extension requirements, and said it will continue working with lawmakers to advance those reforms in future legislation.
Full Issue
Scotland
Legal Matters Scotland
Reform UK’s deputy Scottish leader Thomas Kerr has reported human rights lawyer Aamer Anwar to Police Scotland over comments made during a protest at Glasgow Green, alleging that they encouraged hostility and went beyond legitimate political debate. Anwar rejected the accusation as a waste of police time and also criticised Reform members who attended the anti-immigration demonstration. Around 1,700 people attended opposing protests organised by Unite the Clans and Stand Up to Racism Glasgow, with disorder later spreading into the city centre. Police arrested 15 people for alleged offences, including assault, possession of weapons, breach of the peace, obstruction and resisting arrest.
Full Issue
North America
Legal Slice
Bloomberg reports that the U.S. government may have to pay millions of dollars in legal bills to successful challengers of the Trump administration's executive actions and policies. Attorneys have sought fees exceeding $100,000 in at least 10 cases over the past year, totalling more than $2.5m, according to a Bloomberg analysis of court records. Federal agencies can be required to pay attorneys’ fees when they lose in court under the Equal Access to Justice Act of 1980, which entitles “prevailing parties” to recoup legal expenses if the government’s position wasn’t “substantially justified.” Steven Brown, a Houston-based lawyer who is seeking more than $180,000 in fees in lawsuits contesting the Trump administration’s efforts to cancel foreign students’ legal status, observed: “It’s important that when the government can’t justify itself, courts can award costs.”
Full Issue
Europe
Risk Channel
The EU's comprehensive AI law launches on Sunday to ensure Europeans immediately know whether the online content they see is real or fake. Companies must make sure their AI systems, including chatbots, make it clear to users they are AI. When an image or text has been created using AI, it must be labelled as such - for example, by integrating watermarks and other markers to enable the easy detection of AI-generated content. Firms face large fines if they don't comply. An EU official said that since AI is "making it increasingly difficult for all of us to distinguish what is real from what is synthetic," the rules seek to "preserve citizens' ability to trust what they see, hear, and read." Karen Massin, who leads Google's Government Affairs & Public Policy team in Brussels, warned of "regulatory complexity" that could prove counterproductive, and "risks confusing the people these rules are meant to help."
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North America
CFO Slice
A new Accenture report warns that CFOs are increasingly confronting rapidly rising AI costs as organizations scale their use of generative AI, with token consumption emerging as a major and often poorly understood expense. Accenture's Chief AI and Data Officer, Lan Guan, said many finance leaders lack visibility into what is driving token usage across their organizations, leaving them with unexpectedly large cloud computing bills even when AI initiatives are delivering business benefits. The report notes that Goldman Sachs expects global AI-related spending to exceed $800bn in 2026, while only 23% of executives surveyed by Accenture reported widespread, sustained business value from AI deployments. Accenture recommends that companies treat "tokenomics" as a core financial discipline by improving visibility into AI usage, optimizing workloads across different AI models, and embedding cost management into everyday operations. The firm argues that finance, technology, and cybersecurity teams must work together to monitor AI consumption and prevent efficiency gains from leading to uncontrolled increases in usage and spending.
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