CRA Legal Regulation
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Australia’s House of Representatives passes climate-related disclosure bill
Australia’s House of Representatives has passed the Treasury Laws Amendment bill, which imposes mandatory climate-related disclosure obligations on large businesses.…
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BMW counts cost of global 1.5 million vehicles recall
German car manufacturer BMW has revised down its earnings targets for 2024 after shouldering the costs of a global recall…
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Google under pressure as India plans digital competition law
The Alliance of Digital India Foundation (ADIF), an interest group representing the South Asian nation’s digital startups, has filed a…
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Aon unit sues Chinese bank over alleged Vesttoo fraud
Aon unit White Rock Insurance is suing China Construction Bank (CCB), alleging a former bank staff member colluded with reinsurance…
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China, Hong Kong and Philippines act to manage AI risk and opportunity
Leading Asian economies including China, Hong Kong and the Philippines have all issued new guidelines and rules designed to help…
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European firms face ‘strategic rethink’ on China
The Chinese authorities are being warned that unless it starts to follow through on key reforms it committed to last August…
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Shein reveals child labour cases in supply chain
China’s fashion firm Shein has disclosed two cases of child labour identified in its supply chain last year. Publishing a…
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Indian insurance FDI cap under review
Indian and multinational risk managers with operations in India will welcome the news that Indian government officials are reportedly discussing…
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Korea focuses on battery safety
South Korean officials met on Monday to discuss electric vehicle safety and may require car firms to disclose battery brands…
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China-EU trade risk in focus
Political risk remains high on the agenda for risk and insurance managers in Asia and in Europe, and the slew…
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Indian insurance tax cut on offer
Indian Finance Minister Nirmala Sitharaman has told lawmakers that they need to propose to their state governments the removal of…
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MAS backs Allianz Income deal
The Monetary Authority of Singapore (MAS) told MPs in parliament this week that it is happy Allianz’s proposed €1.5bn acquisition…
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Vietnamese exporters warned of tightening Singapore trade policy
The Viet Nam Trade Office in Singapore has advised Vietnamese exporters to carefully study and keep updated on new regulations…
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Singapore reports ‘modest’ growth in Q2
The Monetary Authority of Singapore (MAS) has reported that the Singapore economy continued to grow at a “modest sequential pace”…
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Chinese D&O demand set to spike
The Nanjing chapter of the European Union Chamber of Commerce in China will host an event on 1 August focused…
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Korean insurers suffer capital adequacy hit
The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, according to data…
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Labuan captive event fixed for September
The Labuan International Insurance Association (LIIA) and Labuan IBFC will hold its seventh Asian Captive Conference as an in-person event…
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China ramping up ESG requirements
On 12 April 2024, China’s three major stock markets – the Shenzhen Stock Exchange (SZSE), the Shanghai Stock Exchange (SSE),…
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CSDDD raises risk of doing business with China
A recent paper on the European Union Corporate Sustainability Due Diligence Directive (CSDDD) published by the European Business Organisation Worldwide…
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Europe-Asia trade conflict needs to be tackled, says Belgian industry
As Europe becomes engulfed in divisive elections, the Belgian confederation of industry (VBO FEB) has warned that the continent is…
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