CRE Legal Regulation
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February 6, 2025
Number of French captives could climb to 150 in ten years
France could host up to 150 reinsurance captives ten years from now after implementing new tax and accounting rules in…
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February 6, 2025
EC sets out banned AI practices as EU AI Act begins rollout
As the EU AI Act starts to apply, the European Commission has published guidelines banning specific artificial intelligence practices under…
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February 5, 2025
Ferma working to spread French captive rules across Europe
Ferma has told Commercial Risk that it believes the new French captive regime has “clear potential to be replicated in…
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February 5, 2025
Social and political risk in focus as French health tax debate hots up
French Prime Minister François Bayrou faces a no-confidence vote in parliament this week after forcing a hard-line budget plan through…
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February 5, 2025
UK talc case against J&J to file papers this month: reports
A law firm representing UK claims that Johnson & Johnson’s (J&J) talcum powder product caused cancer says it has more…
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February 4, 2025
DLA Piper records first annual fall in GDPR fines
Fines levied by Europe’s data protection regulators for General Data Protection Regulation (GDPR) breaches fell 33% last year to €1.2bn…
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January 31, 2025
Eiopa confirms no automatic proportionality treatment for captives under revised SII
Captives will not automatically benefit from new proportionality measures under revisions to Solvency II, and will have to apply for…
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January 31, 2025
Europe’s nat cat risk ‘bumped up’ in Solvency II formula
Flood, windstorm and hail risk in several European countries should be updated in solvency calculations to better reflect the increased…
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January 31, 2025
Google begins appeal arguments against record EC fine
Google has accused the European Commission (EC) of punishing the company for its leading position in the Android operating system…
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January 30, 2025
Irish data protection regulator told to widen Meta probe
Ireland’s data protection regulator has been told to investigate Meta’s processes for handling sensitive data. The EU General Court dismissed…
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January 30, 2025
UK government faces ‘severe and advancing’ cyber threat
UK government organisations are exposed to a “severe and advancing” cyber threat, warns the country’s public spending watchdog the National…
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January 29, 2025
Germany’s BaFin takes ‘close look’ at climate risks
Germany’s financial sector regulator has warned banks and insurers that it will take a closer look at how physical risks…
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January 28, 2025
European data protection bodies criticised for low rates of GDPR fines
Just over 1% of data protection complaints in Europe, filed since the General Data Protection Regulation (GDPR) came into force…
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January 28, 2025
Coca-Cola recalls drinks in Europe over chlorate risk
Coca-Cola has recalled “a considerable quantity” of its canned and bottled drinks distributed in Belgium, the Netherlands, UK, Germany, France…
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January 24, 2025
France reportedly seeks changes to scope of CSRD
The French government is set to propose revisions to lighten requirements under Europe’s Corporate Sustainability Reporting Directive (CSRD), according to…
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January 23, 2025
EFRAG publishes proportionate CSRD standards for captives and SMEs
The European Financial Reporting and Advisory Group (EFRAG) said captives and other SMEs will benefit from proportionality measures behind Europe’s…
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January 22, 2025
Meta calls for Irish GDPR fine to be overturned
Mark Zuckerberg, the owner of social media platform Meta, has called on Ireland’s High Court to overturn a €91m fine…
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January 22, 2025
German insurers lobby Europe to simplify sustainability rules
German insurers have backed proposals to streamline Europe’s corporate sustainability reporting rules. Ahead of the European Commission’s Omnibus Simplification Package,…
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January 21, 2025
Covid-19 BI disputes open at UK Court of Appeal
The UK Court of Appeal has opened the first of two hearings this month in the next instalment of Covid-19…
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January 21, 2025
UK companies lack confidence in regulatory compliance
Nearly three-quarters (73%) of UK firms say they lack confidence in their ability to comply with regulations, according to a…