Draft Green Compliance Burden Too Much, EU Insurers Warn

Law360, London (May 17, 2021, 4:58 PM BST) -- Insurers in the European Union told financial regulators on Monday that proposed templates designed to reveal the environmental, social and corporate governance risks to their companies are "overly complex and long."

 

Insurance Europe, a trade group for the sector, said that the proposed template for product disclosures under the EU's Taxonomy Regulation is too detailed for investors looking for summaries of how their money is used.

The draft template, which the European Supervisory Authorities have proposed creating through changes to the Sustainable Finance Disclosure Regulation, will force insurers and other finance companies to publish additional information for investors using the EU's...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!