Liability risks for executives are increasing significantly: New regulatory requirements such as NIS-2, CSRD, and the Supply Chain Act are expanding the responsibilities of managing
Stricter regulations and a rise in lawsuits are increasing liability risks for managers. D&O insurance is essential, but only if it includes tailored terms and solutions. Brokers bear a dual responsibility: they must provide expert advice, ensure compliance with processes, and obtain their own protection through directors and officers liability insurance for financial service providers.
KPMG Law expert Ulrich Keunecke provides a comprehensive report on this topic.
“With the increasing prevalence of ESG reporting requirements, cybersecurity standards, and whistleblower directives, the number of potential liability issues will continue to rise.”
You can find the full article here (paywall).
Partner
Head of Sector Legal FS Asset Management
Head of Sector Legal FS Insurance
Heidestraße 58
10557 Berlin
Tel.: +49 30 530199 200
ukeunecke@kpmg-law.com
KPMG Law
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