Legal & Regulation
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November 28, 2023
EU and Canada sign disaster risk management partnership deal
The European Commission and Canada have agreed to enhance ties in civil protection and disaster risk management. During the recent…
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November 27, 2023
UK court rules human rights grounds for Niger Delta claims against Shell
Nigerian communities affected by polluted waters and land can proceed with human rights claims against oil and gas firm Shell…
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November 27, 2023
Dutch firm Rabobank fined €26.6m by EC for euro bond cartel
Dutch bank Rabobank has been fined €26.6m by the EC for participating in a cartel that fixed trading of euro-denominated…
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November 24, 2023
Auditors urge companies to do more to tackle ESG supply chain risk
Businesses should do more to tackle climate hazards running through supply chains, says the Chartered Institute of Internal Auditors (CIIA).…
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November 24, 2023
Sustainability Directive big opportunity for risk managers but will require more resource, says rapporteur
The Corporate Sustainability Due Diligence Directive (CSDDD) will enable risk managers to get the attention of boards but will cost…
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November 23, 2023
UK to follow French lead as government consults on new captive regime
The UK risk and insurance management community received good news from its government this week, which announced plans to deliver…
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November 23, 2023
Uncapped government backstop needed for ‘uninsurable’ cyber and climate risk: Geneva Association
Systemic and emerging risk is reaching the limits of insurability, in particular for climate and cyber threats, says a new…
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November 23, 2023
Interconnected regulations will raise product recall compliance risk across Europe, warns Sedgwick
Sedgwick warns that new interconnected European regulations coming down the track will complicate product recall risk and compliance. The company’s…
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November 22, 2023
European product recalls hit record high in Q3: Sedgwick
Product recalls across five key sectors in Europe hit their highest level in more than ten years during the third…
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November 21, 2023
Bayer ordered to pay $1.56bn after losing fourth Roundup case
German pharmaceutical firm Bayer has been ordered to pay $1.56bn in damages to four claimants following a trial in Missouri…
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November 17, 2023
EU promises jail time for D&Os of polluting companies
The European Parliament (EP) and Council negotiators have reached a provisional agreement on an update of EU environmental crimes and…
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November 17, 2023
SEC actions against public companies, subsidiaries up sharply
The US Securities and Exchange Commission filed 91 actions against public companies and subsidiaries in fiscal year 2023, a 34%…
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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 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 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 9, 2023
UK to regulate ESG ratings industry, reports
The UK government is planning to regulate the ESG ratings industry, according to the Financial Times. The newspaper said that…