3/31/2023 5:19:08 PM UK Green Day: key takeaways on net zero By Sara Feijao The UK government’s “Green Day” or “Energy Security Day” finally landed on 30 March 2023, with a raft of key announcements on green...
3/31/2023 5:15:11 PM Mobilising Green Investment: The UK Government’s 2023 Green Finance Strategy By Raza Naeem Vanessa Havard-Williams Rachel Barrett Premlata Fagan +1 more... Show less The UK government sees huge opportunities for the UK’s financial and professional services industry in the global transition to a...
3/31/2023 9:50:52 AM Dutch Central Bank publishes final guidance on financial institutions’ management of climate and environmental risks By Bas Jennen Jan-Jouke van der Meer The Dutch Central Bank (De Nederlandsche Bank, “DNB”) expects Dutch financial institutions to have an understanding of the material risks...
3/31/2023 9:49:41 AM Contracts for Difference: UK Government releases final terms of CfD AR5 By Gitanjali Shankar Francesca Matthews Richard Coar Jessica Hargreaves +1 more... Show less The fifth allocation round for the UK’s contract for difference (“CfD”) auction opened on 30 March 2023 for bidding. This is the first...
3/31/2023 9:36:56 AM European Parliament adopts Pay Transparency Directive: addressing the gender pay gap By Jennifer Granado Aranzana Cara Hegarty According to the World Economic Forum's Global Gender Gap Report, “at the current rate of change, the gender gap in economic...
3/31/2023 9:03:13 AM HM Treasury consults on regulating ESG ratings providers By Benjamin Maconick HM Treasury has launched a consultation setting out proposals on the scope for a potential regulatory regime for ESG ratings providers....
3/30/2023 2:44:30 PM The EU Commission’s plans for a right to repair By Dr Rupert Bellinghausen Kathrin Bauwens Mirjam Erb The EU Commission’s right to repair initiative aims to promote the repair of goods and to strengthen consumer rights in case of defective...
3/30/2023 11:15:27 AM European Commission publishes proposal for a Green Claims Directive to combat greenwashing By Sara Feijao On 22 March 2023, the European Commission published a proposal for a Directive on the substantiation and communication of environmental...
3/29/2023 9:31:00 PM FCA updates on SDR and investment labels consultation By Premlata Fagan The FCA has received a significant response (around 240 written responses) to CP22/20, its consultation paper on sustainability...
3/29/2023 9:12:05 PM ECB expectations on banks to step up management of climate and environmental risks in 2023 By Premlata Fagan “We see the glass filling up slowly, but it is not yet even half full. This is both good and bad news: good news because there is...
3/29/2023 1:26:08 PM US: Mining Company Settles SEC Charges Related to Misleading Disclosures in Sustainability Reports Prior to Dam Collapse By Doug Davison On March 28, 2023, the U.S. Securities and Exchange Commission (“SEC”) announced a settlement with a publicly traded Brazilian mining...
3/28/2023 2:29:02 PM ESMA finalises MiFID II product governance guidance with minor changes… but suggests further guidance may follow in Q&A By Karen Cooper ESMA has published its final report on guidelines on product governance, which includes ESMA’s response to feedback on ESMA’s 2022...
3/27/2023 3:32:49 PM EU energy agenda in 2023 – indicative timeline By Arnaud Coibion Claudia Skibniewski Alvarez Ruth Losch The EU energy agenda will be busy in 2023. This year, negotiations on key EU energy draft laws are approaching the finish line and new EU...
3/24/2023 3:23:46 PM EU: the Green Deal Industrial Plan proposals unwrapped By Julia Voskoboinikova On 16 March 2023, the European Commission published legislative proposals for two main components of the Green Deal Industrial Plan, the...
3/24/2023 10:53:07 AM A German boost to ESG and Competition Law By Dorothee de Crozals Nina Seydel Germany takes the next step: The debate on ESG and Competition law - seemingly having slowed down since the Federal Cartel Office’s (FCO)...
3/23/2023 12:00:00 AM A new approach to an old issue? Modern slavery in supply chains may be investigated under anti-money laundering provisions By Rachel Barrett Elly Proudlock Michelle Grima James Marlow +1 more... Show less When the UK’s Modern Slavery Act came into force in 2015, it was heralded as one of the first pieces of legislation in the world to...