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EU counters lawsuits used by rich and powerful to silence critics

by AIP Online Bureau | Apr 29, 2022 | International News, Risk Management

A proposed law on so-called Strategic Lawsuits Against Public Participation, or SLAPPs, targets “groundless or exaggerated” lawsuits intended to “censor, intimidate and silence” journalists and others, the European Commission announced on Wednesday Wealthy individuals...

EU reaches landmark deal on hate speech, disinformation

by AIP Online Bureau | Apr 23, 2022 | International News, Policy, Regulation, Technology

The EU’s new rules, which are designed to protect internet users and their “fundamental rights online,” should make tech companies more accountable for content created by users and amplified by their platforms’ algorithms The European Union...

Oil traders to cut Russian oil purchases from May 15

by AIP Online Bureau | Apr 16, 2022 | Eco/Invest/Demography, International News

Energy trading firms face compliance and reputational risks from the current raft of Western sanctions. They have to examine closely which entities they can pay as well as their employees’ nationalities. Also, the lack of an outright ban complicates ending...

EU sanctions tweak allows some plane owners to sell to Russia

by AIP Online Bureau | Apr 15, 2022 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance

Under the amended provision, no economic resources can be made available to the Russian counterpart, except to transfer ownership of the plane after the EU company has been fully reimbursed An amendment to European Union sanctions last week created a potential path...

Big online firms face 0.1% supervisory fee under new EU rules

by AIP Online Bureau | Apr 6, 2022 | International News, Regulation, Technology

The move comes as the Commission seeks new sources of revenue to fire up the region’s economic growth in the wake of the pandemic and also foster a greener and more digital economy. “The overall amount of the annual supervisory fees shall be based on the...
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