law & compliance

New EU regulation for data protection

The European Commission has proposed a comprehensive reform of the EU’s 1995 data protection rules to strengthen online privacy rights and boost Europe’s digital economy. Technological progress and globalisation have profoundly changed the way our data is collected, accessed and used. In addition, the 27 EU Member States have implemented the 1995 rules differently, resulting in divergences in enforcement. A single law will do away with the current fragmentation and costly administrative burdens, leading to savings for businesses of around […]

EC to investigate whether LG tanker poses risk

The petition questioning the anchoring of the LG tanker at Marsaxlokk has been accepted by the European Parliament and is currently being investigated, MEP Roberta Metsola announced this evening. The project may run contrary to the provisions of the Seveso Directive, and that the impact on people’s lives, the environment, businesses, fishermen and their boats has not been properly taken into consideration by the government. Source: Malta Independent The Seveso Directive  is about prevention, preparedness and response and focused on protecting […]

Insurance Act 2015

The legislation will introduce fundamental reforms, including key changes to the duty to make a fair presentation When the Insurance Act 2015 comes into force in August 2016, it will introduce fundamental changes to UK insurance contract law. Risk managers will welcome the reforms and are being encouraged to prepare for the changes well in advance of next year. Airmic has urged the insurance market to implement the reforms as soon as possible and some insurers may be willing to apply the […]

Financial Risk Outlook 2009

Every city and village in Europe, and with them politicians and managers, will be confronted with the financial crisis by the way policies and projects can and will be forecasted and budgetted. The flooding of the risk crisis is not yet over. The water level is still high. And when the “water” falls to its normal level we will be confronted with the results on economy and society, on our inhabitants and companies. What is the financial risk outlook for […]