OSFI Superintendent Discusses Mortgage Regulation and Financial System Resilience

OSFI Superintendent Peter Routledge discussed the future of mortgage regulation, including the retention of stress tests and LTI limits, and OSFI's ongoing regulatory modernization efforts. The speech highlighted OSFI's commitment to adapting its framework based on feedback from regulated institutions.

EU Legislation and Notices - February 23, 2026

The EU published several legislative acts and decisions on February 23, 2026. These include implementing regulations concerning restrictive measures in Russia, amendments to active substance approvals for biocidal products, and a decision on Iceland's participation in the Union Space Programme.

MHRA Licenses Brensocatib for Non-Cystic Fibrosis Bronchiectasis

The MHRA has granted a marketing authorisation for brensocatib (Brinsupri), the first medicine specifically designed to treat non-cystic fibrosis bronchiectasis (NCFB) in patients aged 12 years and older. This marks a significant advancement in treatment options for NCFB patients in the UK.

MHRA Class 2 Medicines Recall: KidNaps Melatonin Oral Solution

The MHRA has issued a Class 2 medicines recall for all batches of KidNaps Melatonin 1mg in 1ml Oral Solution due to out-of-specification stability results. Sterling Pharmaceuticals Ltd and Veriton Pharma Ltd are conducting the recall at the wholesaler and pharmacy level.

NY Attorney General Warns of Price Gouging Ahead of Winter Storm

New York Attorney General Letitia James has issued a consumer alert warning New Yorkers about potential price gouging of essential goods and services ahead of a winter storm. Violations can result in penalties of up to $25,000 per violation.

European AI Innovation Month Announced

The European Commission and the Irish Presidency of the Council have announced the European AI Innovation Month, a series of events scheduled from mid-October to mid-November 2026. The initiative aims to discuss and showcase AI development and deployment in Europe, culminating in the European Apply AI Summit.

R.R. v. LYFT, Inc. - Personal Injury Product Liability

A new civil case, R.R. v. LYFT, Inc., was filed on February 21, 2026, in the U.S. District Court for the Northern District of California. The case involves personal injury and product liability under diversity jurisdiction. A recent filing indicates a transfer for consolidated pretrial proceedings.

Jane Doe 1 v. Lyft, Inc. - Civil Case Filing

A new civil case, Jane Doe 1 v. Lyft, Inc., was filed on February 21, 2026, in the U.S. District Court for the Northern District of California. The case involves a conditional transfer order from the Judicial Panel on Multidistrict Litigation.

Environment Agency Shuts Waste Dump, Makes Arrests, Recovers Funds

The Environment Agency has shut down an illegal waste dump near the M25, arrested two individuals, and recovered £1.1m from waste crime activities. This action highlights the agency's increased use of technology and enforcement measures against illegal waste disposal.

Hannah Harring Environmental Permit Application Advertisement

The Environment Agency has published an advertisement for an environmental permit application submitted by Hannah Harring for Sloe House, Winchester. This notice informs the public about the application and the process for submitting comments.