Legal & Regulation
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Amazon loses appeal against €764m GDPR fine
Amazon has lost its appeal against a €746m fine for breaches of Europe’s General Data Protection Regulation (GDPR) levied by…
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Corporate polluters in spotlight as case against RWE progresses
The German Higher Regional Court of Hamm has concluded hearings in Peruvian farmer Saúl Luciano Lliuya’s landmark climate case against…
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UK overhauls regulation that is ‘too risk averse’
The UK government said the current state of regulation in the country “holds back growth” and has fallen behind other…
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Europe will ‘push ahead’ with climate policies amid US shift: Eiopa
Europe will “push ahead” with climate goals and tackling climate risk, despite a political shift “in some parts of the…
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France investigates TotalEnergies over liability for Mozambique terror attack
Prosecutors in France are investigating energy firm TotalEnergies for involuntary manslaughter following an Islamist militant attack in 2021 near a…
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French firms still looking at Luxembourg for their captives
Despite a flurry of new onshore captives in France, some French companies are still looking to create their risk retention…
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EU pharma and cosmetics bodies mount legal action over wastewater treatment rules
Europe’s cosmetics and pharmaceuticals industries have launched legal action in the EU General Court, challenging new legislation on wastewater treatment…
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Class action closes against BHP for Brazil dam collapse
The High Court in London heard closing arguments yesterday before retiring to decide if Australian mining firm BHP Group should…
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German regional court to hear landmark climate lawsuit
On Monday 17 March and Wednesday 19 March, the Higher Regional Court of Hamm (Germany) will hear the highly anticipated…
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French Senate votes for four-year delay to CSRD
France could push back implementation of Europe’s Corporate Sustainability Reporting Directive (CSRD) by four years after a vote in the…
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FCA drops diversity and misconduct proposals
The UK’s financial watchdog has rowed back on proposals to broaden the rules on publicising cases of non-financial misconduct, including…
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Ferma calls for insurance exclusion from EU’s public sector procurement rules
Europe’s risk and insurance managers have called for insurance policies to be removed from the EU Public Procurement Directives (PPD),…
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Switzerland must do more to comply with ECHR climate change ruling
The Council of Europe has said that Switzerland must do more to comply with the landmark climate change decision from…
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Japan issues sustainability disclosure standards aligned with ISSB standards
The Sustainability Standards Board of Japan (SSBJ) has issued its inaugural sustainability disclosure standards, aligned with the International Sustainability Standards…
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Tobacco companies settle Canada litigation for C$32.5bn
Three tobacco companies have agreed to pay C$32.5bn (€20.84bn) to settle long-running lawsuits in Canada that claimed units of Philip…
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EU court fines five states for delays to whistleblower rules
Germany and four other EU states have been fined by the Court of Justice of the EU for failing to…
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Europe steps up cybersecurity response to cable attacks
Europe said it needs to do more to bolster the bloc’s digital resilience, including new measures to protect submarine cable…
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Italy’s delayed mandatory nat cat cover law to start on 31 March
Delayed legislation requiring Italian companies to buy natural catastrophe cover has now been published in the Official Journal of the…
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Enforcement of financial reporting and audit standards around climate risk falling short, says think tank
Evidence of, and transparency around, consideration of climate-related matters in financial statements and audit reports vary significantly across jurisdictions, despite…
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French cyber agency warns of risks from non-European cloud services
France’s cybersecurity agency has issued a warning about the risks facing European companies that use cloud service services, particularly those…