Legal & Regulation
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September 20, 2023
UK urged not to dilute corporate governance code
The UK has been urged by by the Chartered Governance Institute of UK and Ireland not to water down current…
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September 20, 2023
Airmic ‘encouraged’ by discussions over new UK captive regime
Risk and insurance management association Airmic said it is encouraged by discussions between the London Market Group (LMG), government and…
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September 19, 2023
California to enact ground-breaking ESG disclosure bill
The battle in the US over how far to take the effort on ESG and how accountable corporates are for…
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September 19, 2023
European Parliament adopts position on critical raw materials
The European Parliament has adopted its position on boosting the supply of strategic raw materials, which it says is crucial…
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September 18, 2023
Treasury holds roundtable to consider UK captive proposals
Proposals to create UK captive legislation are moving forward with a meeting between industry representatives and HM Treasury, the London…
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September 18, 2023
TikTok fined €345m for child data GDPR breaches
Social media platform TikTok has been fined €345m for a series of European data protection rule breaches after Europe’s regulators…
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September 14, 2023
Zurich calls for bolder climate policies to support net zero targets
Most companies (77%) across key sectors have a net-zero plan in place, according to research from Zurich Insurance, with 70%…
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September 12, 2023
Eiopa hints again at lighter treatment for captives under SII review
Petra Hielkema, chair of the European insurance and Occupational Pensions Authority (Eiopa), gave further evidence that captives and other smaller…
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September 8, 2023
EC lists 22 online platforms to fall under new digital markets rules
Six tech giants – Apple, Alphabet, Amazon, Meta, Microsoft and ByteDance – have been given six months to comply with…
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September 6, 2023
More lawsuits likely in no-harm data breaches
Businesses can expect more court rulings allowing plaintiffs to pursue damages for data breaches, even where there is no evidence…
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September 5, 2023
Supply chain risk in focus as Italian companies transition
During this year’s Italian leg of our Risk Frontiers Europe survey, Anra members identified supply chain risk as a major…
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September 1, 2023
Google’s Fitbit faces GDPR action in Austria, Italy and Netherlands
Vienna-based noyb, the non-profit European Center for Digital Rights, has filed three complaints against Google-owned fitness app Fitbit in Austria,…
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August 31, 2023
Investors demand sharper focus on human rights in sustainability reporting
An investor coalition – managing assets of more than one trillion US dollars, including Impax Asset Management, The Universities Superannuation…
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August 16, 2023
Airmic interested in a UK captive regime but not under Solvency II
Airmic has told Commercial Risk Europe that it supports moves to introduce an onshore captive regime in the UK but…
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August 16, 2023
Captive sector examines collateral issues in wake of Vesttoo
The fallout from the scandal surrounding insurtech Vesttoo is a wakeup call for the captive sector and will likely lead…
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August 16, 2023
UBS settles financial crisis mortgage fraud probe for $1.44bn
Swiss bank UBS has agreed to pay $1.44bn in civil penalties to settle fraud claims over the sale of mortgage-backed…
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August 15, 2023
LRQA launches supply chain due diligence map of new global regulations
Risk assurance expert LRQA has published a new map detailing evolving country-specific supply chain due diligence regulations around the world…
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August 11, 2023
Vermont captive regulator seeks details of Vesttoo exposure
Vermont’s captive regulator has sent a notice to captive managers and service providers in the state asking them if they…
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August 9, 2023
SEC cyber reporting rule presents compliance and insurance complexities
Businesses will face challenges complying with a cybersecurity rule issued by the US Securities and Exchange Commission (SEC) late last…
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August 8, 2023
Ericsson shareholders sue for $170m-$300m over Iraq scandal: reports
Thirty-seven Ericsson shareholders are reportedly suing the Swedish telecoms firm for between $170m and $300m for allegedly failing to disclose…