CRE Legal Regulation
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March 8, 2024
Compulsory cat cover back on agenda for German state ministers
The German Conference of Federal State Prime Ministers, the committee formed by the 16 German states to coordinate policy, has…
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March 7, 2024
Supply chain emissions data a ‘mammoth’ task for risk managers, says Airmic
Risk managers face a “mammoth” task identifying carbon emissions in their supply chain, according to UK risk management association Airmic,…
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March 7, 2024
ECB cyber stress test will provide much-needed resilience boost, says S&P
The results of cyber stress tests underway at Europe’s banks will shape the regulatory agenda as the European Central Bank…
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March 7, 2024
New EU payment deadlines will weaken Europe, claim German insurers
The German Insurance Association (GDV) has warned that the EU’s planned payments regulation, which would introduce mandatory payments within 30…
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March 7, 2024
SEC adopts compromised climate-related disclosures
The US Securities and Exchange Commission (SEC) has adopted rules to enhance and standardise climate-related disclosures by public companies and…
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March 6, 2024
EU strikes deal on cybersecurity package
The European Council presidency and European Parliament’s negotiators have reached a provisional agreement on the so-called ‘cyber solidarity act’, as…
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March 6, 2024
EU acts to break the forced labour business model
The EU may have ditched the Corporate Sustainability Due Diligence Directive (CSDDD) for the time being but opponents of strict…
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March 4, 2024
Italy’s Enel Energia fined record-high €79m for data breaches
Italy’s regulator has fined energy firm Enel Energia €79m for failing to protect the personal data of its electricity and…
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March 4, 2024
MEPs pass beefed-up environmental crimes directive
Members of the European Parliament (MEPs) have adopted and extended the list of offences and sanctions in the Environmental Crimes…
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February 29, 2024
Ferma says CSDDD rejection provides time to address ‘shortcomings’
The Federation of European Risk Management Associations (Ferma) has told Commercial Risk that news that the Corporate Sustainability Due Diligence…
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February 29, 2024
EU strikes deal on maritime safety
The European Council and Parliament have struck provisional deals in an effort to support clean and modern shipping in the…
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February 29, 2024
European news publishers sue Google for €2.1bn in advertising claim
Google has been issued with a €2.1bn claim by a group of more than 30 European news media outlets seeking…
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February 28, 2024
CSDDD ‘back to square one’ as Council blocks legislation
The EU Corporate Sustainability Due Diligence Directive (CSDDD) has failed to achieve backing from the European Council and now looks…
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February 27, 2024
Munich Re urges European politicians to back cyber pool
Munich Re has urged policymakers in Europe and Germany to throw their weight behind a state-funded backstop for systemic cyber…
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February 27, 2024
German insurers demand new traffic rules if cannabis legalised
German insurers are calling on the federal government to create clear rules for road traffic as quickly as possible if…
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February 26, 2024
Valencia fire sparks cladding concern as Mapfre confirms it is on cover
The fire that killed at least ten people in Valencia last week has triggered a debate in Spain about the…
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February 26, 2024
UK urged to adopt mandatory internal audits for water firms
UK and Irish auditors have called on water suppliers to conduct mandatory internal audits to identify weaknesses, and operational and…
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February 23, 2024
UK extends Russia sanctions to metal, diamond and more energy firms
The UK has extended sanctions to 50 new Russian businesses and individuals, including electronic companies, metal and diamond businesses, oil…
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February 23, 2024
UK crime agency hails destruction of world’s ‘most harmful’ cybercrime group
The UK’s National Crime Agency (NCA) has revealed details of an international campaign targeting LockBit, described as the world’s most…
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February 23, 2024
Air pollution rises up risk agenda in UK and EU
Air pollution is the fastest-growing insurance protection gap among climate risks, say Airmic members polled in the association’s latest survey.…