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The insurance industry supports delaying the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD) until 2028 while negotiations continue. Insurance Europe emphasizes the need for more time to assess impacts and avoid excessive regulatory burdens. Key recommendations include reducing CSRD reporting requirements, postponing CSDDD deadlines, simplifying EU Taxonomy rules, and removing Sustainability Risk Plans under Solvency II.

The European Commission’s new proposals aim to simplify EU rules, reduce administrative burdens by 25% (35% for SMEs), and boost competitiveness. Targeting sustainable finance, due diligence, and carbon mechanisms, they could save €6.3 billion annually and unlock €50 billion in investments, fostering growth while supporting climate goals.

This article discusses the need for #regulation of #robots and #ai in #europe, focusing on the issue of #civil #liability. Despite multiple attempts to harmonize #eu#tort #law, only the liability of producers for defective products has been successfully harmonized so far. The #aiact, published by the #europeancommission in 2021, aims to #regulate AI at the European level by classifying #smartrobots as "high risk systems", but does not address liability rules. This article explores liability issues related to AI and robots, particularly when using #deeplearning #machinelearning techniques that challenge the traditional liability paradigm.