Legal & Regulation
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New cyber warnings follow microchip bugs
Insurer CNA Hardy has warned businesses affected by two bugs – dubbed Meltdown and Spectre – affecting Intel and other…
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Petrobras proposes $2.95bn investor settlement over bribery probe
Brazilian oil company Petrobras has agreed to pay $2.95bn to settle a class action lawsuit in the US, brought by…
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Munich Re readies GDPR compliance tool as experts warn many firms not ready for new rules
Help is at hand for businesses struggling to be ready for the EU’s General Data Protection Regulation (GDPR), which comes…
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Growing signs that nanotechnology poses ‘new asbestos’ risk: Clyde & Co
Fears that nanomaterials could be the next asbestos are starting to gather momentum, according to Clyde & Co in a…
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Risk managers urged to lead cyber charge as companies struggle with GDPR
With a worryingly small percentage of companies in the Benelux region ready for the forthcoming General Data Protection Regulation (GDPR),…
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Morrisons class action shows growing data breach liability
The UK’s first successful data breach class action against supermarket Morrisons is adding to a growing trend of increased liability…
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High-rise UK fire building regs ‘not fit for purpose’ finds independent review
UK regulations to ensure fire safety in high-rise buildings are “not fit for purpose”, finds a damning independent interim report…
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Compulsory motor insurance is Vnuk’d
In a long-awaited judgment, the UK High Court has called for the UK to extend compulsory motor insurance to vehicles…
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Grenfell review to put fire resilience and safety under spotlight
Six months after the tragic Grenfell Tower disaster, an independent review of UK fire safety building regulations is due to…
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MEPs call for ‘paradigm shift’ in European strategy on tax dodging
The ongoing fight against corporate and individual tax evasion stepped up another notch in Europe this week as MEPs voted…
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Namibia on name and shame list
Namibia and Tunisia are the African countries appearing on a global blacklist of 17 non-EU tax havens named recently by…
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FRC proposes revised UK Corporate Governance Code
The Financial Reporting Council (FRC) has this week proposed a revised UK Corporate Governance Code but has left the parts…
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Product recall risks and costs surge: AGCS
Product recall exposures have soared in the past ten years, with the average cost of a significant recall estimated at…
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Proposed financial provisioning regulations for mining rehabilitation released for comment in RSA
Risk managers have just ten more days to comment on proposals to change the financial provision requirements for South African…
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UK proposes new drone legislation to boost regulation and reduce risks
The UK government will put forward new drone legislation next spring that will require owners to register drones that weigh…
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China’s captive market gathers steam with Yudean approval
The long-awaited emergence of a healthy captive insurance market in China and the wider Asian region could finally be picking…
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UK risk managers warned to comply with GDPR despite Brexit
Uk risk managers and their bosses need to forget the idea that Brexit will somehow let them off the hook…
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Aon’s Brexit tool helping risk managers make informed decisions
Aon’s Brexit Navigator tool provides risk managers with an opportunity to better influence organisations’ response to Brexit, and arms them…
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European business leaders meet UK PM to demand Brexit progress in next two weeks
A delegation of Europe’s business leaders has warned the UK prime minister that the country’s economic stability will be at…
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South African M&A conditions set to improve
Conditions for deal activity in South Africa are predicted to improve in 2018, but this will depend on political and…