EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law February 29, 2024 By John Ainger and Frances Schwartzkopff A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states,...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
EU Lawmakers Approve Tougher Penalties for Environmental Crimes February 27, 2024 The European Parliament on Tuesday approved tougher penalties for environmental crimes such as illegal timber trade, with offenses punishable by...
EU Agreement on ESG Ratings Seen as World’s Toughest February 7, 2024 By Frances Schwartzkopff A provisional agreement in the European Union setting guardrails around the ESG [environmental, social, and governance] ratings industry is being...
Banks, Insurers Temporarily Dodge Full Impact of EU’s Harshest ESG Law to Date December 19, 2023 By Frances Schwartzkopff The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation...
EU Watchdog Cautions Against One-Size-Fits-All Rules for Non-Bank Financial Sector November 13, 2023 By Huw Jones Regulators should keep on open mind when writing rules for the world’s $239 trillion “non-bank” financial sector to avoid one-size...
EU Sets Out Plans to Cut Price of Financial Products Offered by Banks, Insurers May 24, 2023 By Huw Jones The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial...
Analysis – EU Power Battle Could Hamper Proposed Safeguards for Financial Products May 24, 2023 By Huw Jones European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and...
American Chamber of Commerce Voices Concerns About EU Plan for Foreign Subsidies June 3, 2022 By Foo Yun Chee Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be...
Musk-Owned Twitter Will Have to Follow EU’s Rules: Commissioner May 2, 2022 By Jillian Deutsch and Maria Tadeo A top EU official doesn’t expect to have a problem with Elon Musk, who is pursuing a free-speech agenda in...