CRE Legal Regulation
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November 17, 2023
Ivass ramping up pressure on Italian insurers’ ESG credentials
The Italian insurance supervisor Ivass will more closely monitor the sustainability related investment and underwriting activities of insurers after its…
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November 16, 2023
Italian risk managers must prepare for due diligence rules
Italy is lagging behind other leading European nations in the adoption of national laws to ensure that organisations are carrying…
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November 16, 2023
UK Court of Appeal rejects action against Shell directors
The UK Court of Appeal has refused to hear NGO ClientEarth’s historic lawsuit against Shell’s board of directors – the…
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November 16, 2023
EU member states agree common position on cybersecurity act
In the ongoing effort to enhance the EU’s cyber resilience by enabling the future adoption of European certification schemes for…
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November 15, 2023
UK fraud law increases corporate criminal liability
UK directors and senior managers are now subject to higher liability if they fail to prevent fraud under a new…
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November 14, 2023
EU agrees deal to reinforce supply of critical raw materials
Further pressure has been applied to Europe’s risk and insurance management community to keep on top of their supply chain…
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November 14, 2023
Aeroflot and BOC Aviation agree insurance deal over stranded aircraft
Russian airline Aeroflot has reportedly agreed a settlement with Singapore-based leasing company BOC Aviation that will see nine aircraft handed…
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November 13, 2023
Third of GDPR fines against social media sites for child data breaches
Just over a quarter (26%) of GDPR fines against the largest social media platforms have been for failing to protect…
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November 10, 2023
EC cyber rules threaten ‘Covid-style’ supply chain delays
Major electronics firms in Europe have warned the European Commission that new cybersecurity rules threaten the flow of their supply…
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November 9, 2023
Drinks companies accused of greenwashing plastic bottle recycling claims in Europe
A European consumer group has filed a greenwashing complaint to European authorities against major soft drinks companies using plastic bottles…
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November 8, 2023
Swiss insurers request self-regulation on greenwashing
The Swiss Insurance Association (SIA) has told the Federal Department of Finance (FDF) that its planned principles-based greenwashing regulation is not necessary…
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November 8, 2023
Insurance Europe criticises EC’s proposals for financial data access
The European Commission’s proposed legislative changes for managing data in the financial services sector should exclude commercial customers and only…
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November 7, 2023
European construction chemicals firms face cartel investigation
Risk managers in the huge European construction chemicals sector are facing up to a new risk brought by the recent…
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October 26, 2023
CISOs warn cyber risk management lacks stability and flexibility
More than half of cybersecurity teams say it is unclear who is responsible for managing and implementing cyber-related regulations within…
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October 23, 2023
EC fines pharma firms for operating cartel
The European Commission has fined five pharmaceutical companies a total of €13.4m in the first sanctions imposed on a cartel…
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October 19, 2023
EC bows to pressure and delays sustainability reporting standards
Europe’s corporate risk managers will be relieved to hear that the EC has responded to mounting pressure from European business…
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October 19, 2023
MEPs demand reversal of burden of proof on forced labour
The European Parliament’s Internal Market and International Trade committees have adopted their position on keeping products made using forced labour…
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October 18, 2023
MEP group aims to water down sustainability standards
A group of over 40 Members of the European Parliament (MEPs) have reportedly tabled a motion that calls on the…
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October 17, 2023
EIOPA consults on captive supervision ahead of SII review
Good news for Europe’s captive owners came just before they met in Antwerp for the Ferma Seminar as the European…
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October 16, 2023
Ferma urges risk managers to act on sustainability directives
Risk managers must now help their organisations prepare for upcoming EU regulations on sustainability reporting and environmental and human rights…