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Climate Change Risk Regulation s Future for Insurers in America?

Friday, March 12, 2021 In the few short weeks since our last report on climate change and the US insurance industry, the volume of climate change news has been extraordinarily high. The range of developments has been broad to say the very least from fund managers announcing new offerings said to be green and sustainable, to critics denouncing fund managers falling short on sustainability, to Aviva, Citibank and Generali (and others) publishing sustainability achievements or new targets to achieve net-zero emissions, to advances by developers and providers of climate change standards and metrics ( e.g., the Geneva Association, Moody’s), to China reiterating goals to reduce its emissions over the next five years, to the politically charged debate within the US Securities and Exchange Commission (SEC) as to which comes first a new global framework of common metrics and standards to help regulators analyze climate change risk disclosures or stepped-up enforcement efforts.

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The Kalifa Review: A Road Map for the Future of UK Fintech? | Skadden, Arps, Slate, Meagher & Flom LLP

To embed, copy and paste the code into your website or blog: The highly anticipated Kalifa Review of UK Fintech (the Review), led by former Worldpay CEO Ron Kalifa, was published on 26 February 2021. Its 106 pages made up of a five-point plan of key recommendations and 15 sub-recommendations on investment in the UK fintech sector have generally been well received. Business leaders, participants and others engaged in the fintech community will continue to digest these recommendations over the coming weeks. The key question for many will be how quickly the UK government moves to implement the Review’s recommendations, and to what extent.

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