Legal & Regulation
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Europe adopts cyber shield measures
Europe has adopted new measures as part of its cybersecurity legislation that will establish an alert system for major cyber…
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EC takes action against member states over NIS2 cybersecurity rules
The majority of European Union countries have failed to transpose new cybersecurity rules under the NIS2 Directive, according to the…
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Fitch backs state nat cat schemes in Europe as risk grows
The role of state-backed insurance schemes to cover exceptional risks, such as natural catastrophes, will become increasingly significant in supporting…
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Spain fines five airlines €179m for ‘abusive’ surcharges
Spain has fined five budget airlines a combined €179m for “abusive” practices, including charging passengers for hand luggage, imposing extra…
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Barclays hit with £40m FCA fine after dropping appeal
Barclays has been fined £40m after dropping its appeal against the Financial Conduct Authority’s (FCA) decision that the bank failed…
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Europe moots alternatives to PFAS ban as consultation continues
Europe’s chemicals regulator is considering alternatives to a complete ban on PFAS in the European Union, as it continues to…
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SEC enforcement actions down in 2024
The 80 enforcement actions filed by the US Securities and Exchange Commission (SEC) against public companies and their subsidiaries during…
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UK and France launch joint corruption probe into Thales
French defence and aviation firm Thales is under investigation for bribery and corruption allegations in a joint probe between the…
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UK talc class action filed against Johnson & Johnson
A class action in the UK against US manufacturer Johnson & Johnson (J&J), which claims its talcum powder products caused…
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More French civil unrest likely as Le Pen attacks prosecutors
The French authorities have been warned to brace for political protests by members of the far right National Rally (RN)…
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French regulator condemns cash pooling by reinsurance captives
France’s insurance supervisor is optimistic about the development of the French captive market but has warned companies they must not…
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One third of firms will miss global internal audit standards deadline
Internal auditors in the UK and US are not being given the resources they need to address significant vulnerabilities, suggests…
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Law firm lays ground for UK’s first PFAS legal claim
A UK law firm has confirmed that it is considering bringing the first PFAS-related legal claim in the country. Leigh…
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Europe moves ahead with ESG rating regulation
Europe’s proposed rules to regulate environmental, social and governance (ESG) ratings have been approved by the Council of the European…
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EC adopts new laws to support safe, clean and modern shipping
The EU Council has adopted four new pieces of legislation under the so-called maritime safety legislative package, which is designed…
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EU backs existing international law to fight cyber threat
The EU Council has approved a declaration by the EU and its member states on a common understanding of the…
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Court acquits BHP and execs of criminal charges over dam collapse
The mining companies that owned the iron ore mine in the Brazilian city of Mariana when the Fundão dam collapsed…
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EC told to regulate third-party litigation funding
Europe’s insurers and business groups have called for new rules to regulate third-party litigation funding, which they say has been…
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UK confirms captive regime plans
The UK’s risk and insurance community has welcomed confirmation that the UK will pursue new rules to create a captive…
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European Commission urged to delay Corporate Sustainability and Due Diligence Directive
The European Commission has been urged to delay the Corporate Sustainability and Due Diligence Directive (CSDDD) by European trade federation…