Bermuda wants to leave behind its reputation as a tax haven to become a Fintech hub. In an interview with EURACTIV.com, the premier of the UK’s overseas territory, David Burt, said the island could come out of the EU’s 'grey list' of tax havens early next year. But he criticised a global minimum tax as he praised tax competition among countries.
Advances in machine learning are progressing rapidly, and governments are struggling to keep up. The EU has emerged as the world’s regulator in this space, but some fear it's stifling European innovation.
The European Commission is preparing to launch a “risk data hub” in the coming months that will help map out loss and damage from natural disasters such as floods, droughts, storms and other extreme weather events that are becoming more frequent with climate change.
Motorsport’s governing body, the FIA, is concerned that a European Commission update to rules on motor insurance could be “highly detrimental” to sports like Formula One, as it could leave race events dependent on the whims of insurance companies.
Tech industry groups and consumer watchdogs are at odds over whether the European Commission should overhaul the bloc’s legislation on product liability to cover robots and artificial intelligence.
British and European Union watchdogs could sign a pact to avoid Brexit disrupting trillions of pounds in cross-border financial contracts and undermine market stability, a top UK regulator said yesterday (5 February).
EU and national legislators should draft guidelines outlining what kind of damage from hacking should be covered under cyber insurance, the EU cybersecurity agency ENISA has said.
America's largest general insurance provider announced it will move operations to France after the UK leaves the EU. EURACTIV’s partner La Tribune reports.
European Commission competition officials on Tuesday (4 July) raided the offices of a number of companies that provide motor insurance in the Republic of Ireland, as part of an ongoing investigation into allegations of anti-competitive behaviour.
Ministers from 15 EU countries have asked the European Commission to focus on removing barriers to digital trade one week before the executive presents a mid-term review of its flagship Digital Single Market policies.