Legal & Regulation
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November 16, 2023
UK Court of Appeal rejects action against Shell directors
The UK Court of Appeal has refused to hear NGO ClientEarth’s historic lawsuit against Shell’s board of directors – the…
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November 15, 2023
UK fraud law increases corporate criminal liability
UK directors and senior managers are now subject to higher liability if they fail to prevent fraud under a new…
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November 14, 2023
EU agrees deal to reinforce supply of critical raw materials
Further pressure has been applied to Europe’s risk and insurance management community to keep on top of their supply chain…
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November 13, 2023
Third of GDPR fines against social media sites for child data breaches
Just over a quarter (26%) of GDPR fines against the largest social media platforms have been for failing to protect…
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November 10, 2023
EC cyber rules threaten ‘Covid-style’ supply chain delays
Major electronics firms in Europe have warned the European Commission that new cybersecurity rules threaten the flow of their supply…
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November 9, 2023
Drinks companies accused of greenwashing plastic bottle recycling claims in Europe
A European consumer group has filed a greenwashing complaint to European authorities against major soft drinks companies using plastic bottles…
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November 9, 2023
UK to regulate ESG ratings industry, reports
The UK government is planning to regulate the ESG ratings industry, according to the Financial Times. The newspaper said that…
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November 9, 2023
Captives regulators address talent shortage
If you thought it was hard to attract talent to the insurance industry, spare a thought for the niche that…
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November 8, 2023
Von der Leyen sets out AI risk management plan
UK Prime Minister Rishi Sunak filled most of the headlines during and after the recent Bletchley Park AI Safety summit…
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November 7, 2023
European construction chemicals firms face cartel investigation
Risk managers in the huge European construction chemicals sector are facing up to a new risk brought by the recent…
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November 2, 2023
Spanish and Italian risk managers push for simplified captive rules
Leading risk managers have urged Italian and Spanish regulators to align themselves with other European jurisdictions and make it easier…
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October 31, 2023
EU Parliament calls for CO2 emission reduction targets for trucks and buses
The Environment Committee of the European Parliament has adopted proposals to strengthen EU CO2 emission standards for new heavy-duty vehicles,…
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October 30, 2023
UK’s financial regulators consult over new rules on diversity and inclusion
The UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have both issued consultation papers on diversity and…
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October 26, 2023
CISOs warn cyber risk management lacks stability and flexibility
More than half of cybersecurity teams say it is unclear who is responsible for managing and implementing cyber-related regulations within…
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October 23, 2023
EC fines pharma firms for operating cartel
The European Commission has fined five pharmaceutical companies a total of €13.4m in the first sanctions imposed on a cartel…
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October 19, 2023
EC bows to pressure and delays sustainability reporting standards
Europe’s corporate risk managers will be relieved to hear that the EC has responded to mounting pressure from European business…
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October 19, 2023
MEPs demand reversal of burden of proof on forced labour
The European Parliament’s Internal Market and International Trade committees have adopted their position on keeping products made using forced labour…
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October 18, 2023
MEP group aims to water down sustainability standards
A group of over 40 Members of the European Parliament (MEPs) have reportedly tabled a motion that calls on the…
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October 16, 2023
Ferma urges risk managers to act on sustainability directives
Risk managers must now help their organisations prepare for upcoming EU regulations on sustainability reporting and environmental and human rights…
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October 16, 2023
Equifax fined £11m in UK for 2017 cyberattack
Credit reference agency Equifax has been fined £11m by the UK’s financial regulator for failing to keep the data of…