A group of Microsoft Products and technologies used for sharing and managing content, knowledge, and applications.
Dear Oliver,
Good day!!
I understand your concern and I would like to convey that I have tested the behavior at my end with Column Validation on modern List in the SharePoint Online, where I can reproduce the behavior.
So, I have checked the Service Health dashboard at the Microsoft end, where there is no related incident found.
In this situation, I am sorry to convey that the behavior we are observing is not an expected where the same problem happens even after clearing the Cache of the browser and I believe the problem should be further investigated by the related development team, where they can collect the related HAR logs while reproducing the problem and perform further investigation.
So, I request you to connect with your IT admin of your organization (How do I find my Microsoft 365 admin? - Microsoft Support) and raise a new service request from the Microsoft 365 admin center so that the related development team will connect with you and investigate the issue further.
Reference: Get support - Microsoft 365 admin | Microsoft Learn
Note: We apologize for redirecting you to related development support team because the moderators in this community are limited with the resource for further investigation and to get a quick resolution to your problem, we requested it.
Appreciate your patience and understanding. Have a great day!!
Best Regards,
Sophia