Insurance Regulatory Watch – August 2024
Our Insurance Regulatory Watch provides you a clear and simple overview of the latest regulatory developments and publications in the insurance sector, in the domains of Regulatory Change & Compliance, Sustainability, Risk Culture & Governance and Financial Crime at the international, European and Belgian level.
Any questions or comments, or interested in a discussion on any of these topics, just get in touch!
Topics
- Regulatory Change & Compliance
- Sustainability
- Financial Crime
Regulatory Change & Compliance
Focus areas : Consumer Protection (IDD – POG – Value for Money) – RIS – Transparency – DORA – Regulatory Outlook
- Entry into force of the European Artificial Intelligence Act on 1 August 2024
- ESMA publishes latest edition of its newsletter
Sustainability
Focus areas: Taxonomy – SFDR – CSRD – CSDDD – Sustainability preferences – Climate Risks – Greenwashing – Stress testing – ORSA – Protection Gap - …
- NFGS published its report on the acute physical impacts from climate change and monetary policy
- EFRAG published the ESRS Set 1 XBRL Taxonomy
Financial Crime
Focus areas: Business Continuity / Operational Resilience – COVID – Culture - Governance & Risk Management - Outsourcing – Recovery & Resolution - Solvency II
- Council Implementing Decision (CFSP) 2024/2116 of 26 July 2024: Restrictive Measures Regarding the Situation in Belarus and Its Involvement in Russia’s Aggression Against Ukraine
- Council Implementing Decision (CFSP) 2024/2012 of 22 July 2024: Restrictive Measures Concerning the Situation in Libya
The Ensur Insurance Regulatory Watch is not intended to serve as legal advice and is provided for informational purposes only. It is not intended to form the basis of any decisions and you should not rely on its content for any purposes whatsoever.
