Legal & Regulation
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April 15, 2024
Fire safety manufacturer pays $750m to settle PFAS class action
Irish-headquartered US smart building firm Johnson Controls International's subsidiary Tyco will pay $750m to settle a class action alleging its…
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April 12, 2024
European Parliament adopts framework for carbon removals
As the EU council attempts to placate business concerns about the pace of the energy transition while keeping progress roughly…
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April 11, 2024
EU promises action on regulatory burden in clean transition effort
Europe’s risk and insurance managers’ regulatory burden and the inability of the insurance market to come up with adequate solutions…
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April 9, 2024
EU says deforestation regulation on track despite opposition
Virginijus Sinkevicius, European environment commissioner, reportedly told Reuters during a visit to a cocoa-producing cooperative in Ivory Coast on Sunday…
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April 9, 2024
French MPs approve bill to restrict use of PFAS
French MPs have approved the first reading of a bill that is designed to restrict the manufacture and sale of…
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April 8, 2024
SEC pauses climate risk disclosure rules pending judicial review
The US Securities and Exchange Commission (SEC) has put a hold on proposed new climate-related disclosure rules pending judicial review.…
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April 5, 2024
Darim keeping on top of constantly changing legislation
Regulation has become an increasingly onerous part of the corporate world and one that carries its own risks – from…
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April 4, 2024
Denmark intelligence service raises terrorism threat rating
Denmark’s national security and intelligence service (PET) has declared an increase in the threat of terrorism as a result of…
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April 4, 2024
Australian class actions ‘bounce back’ after lull in 2022
Australian businesses faced the second ever highest number of class actions in 2023 and the sectors at risk are expanding,…
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March 26, 2024
EC adopts tougher criminal sanctions for environmental crime
The European Council has formally adopted a directive to protect the environment through criminal law. It said that the law…
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March 26, 2024
UK imposes sanctions for China-backed cyberattack on electoral register
The UK government has imposed sanctions on two Chinese nationals and a company after accusing China state-backed actors of orchestrating…
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March 21, 2024
Airmic backs voluntary UK cyber governance code to ‘focus the minds’ of board members
Airmic and its members back a voluntary code for cyber governance in the UK, which is currently under consultation and…
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March 21, 2024
Business confidence in Europe’s competitive position falls
Europe’s business federation believe that there has been no improvement in the position of European companies against global competition, with…
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March 21, 2024
Action groups claim landmark greenwashing victory in KLM case
Dutch action groups have claimed a major victory in the fight against greenwashing by the aviation industry. The District Court…
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March 20, 2024
Ferma remains ‘vigilant’ as CSDDD passes next hurdle
Ferma has told Commercial Risk that it is “relieved” a risk-based approach to due diligence has survived the watered-down version…
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March 20, 2024
Mining giants sued in fresh £3bn lawsuit in the Netherlands over dam collapse
Victims of the 2015 Mariana dam collapse in Brazil are suing Vale and Samarco’s Dutch subsidiary for £3bn in a…
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March 19, 2024
AI will shift liability rather than create new risks
Artificial intelligence raises challenging questions for liability as the technology continues to outpace regulatory and legal developments, experts have told…
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March 18, 2024
Apple settles shareholder fraud suit led by UK council for $490m
Apple has agreed a $490m settlement with a group of shareholders who accused the company of committing fraud for failing…
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March 18, 2024
BusinessEurope unhappy with revised CSDDD
BusinessEurope, the European confederation that represents 40 national industry and employers’ organisations, is unhappy with the agreement on the EU…
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March 18, 2024
US Chamber of Commerce sues SEC over climate risk disclosure rules
Business lobby group the US Chamber of Commerce has filed a lawsuit against the US Securities and Exchange Commission (SEC)…