30 Jan, 2024 TNFD publishes list of nature disclosure early adopters By Sara Feijao In January 2024, the Taskforce on Nature-related Financial Disclosures (TNFD) published a list of “early adopters”. Over 300...
30 Jan, 2024 Preparing for 2024 AGM season: a guide for UK-listed companies By Lucy Fergusson Wilma Rix Sara Feijao We have published AGMs Update - A guide for UK-listed companies in 2024, which focuses on on issues for UK listed companies to consider...
30 Jan, 2024 German regulator presents first plans for future remuneration of electricity and gas networks By Ruth Losch Christopher Bremme Julia Sack On 18 January, the Federal Network Agency (BNetzA) published a key points paper on the further development of the regulatory framework...
29 Jan, 2024 EU: Parliament adopts Directive on greenwashing and new consumer rights to promote sustainable products By Sara Feijao On 17 January 2024, the European Parliament adopted a Directive on Empowering Consumers for the Green Transition (see press release and...
25 Jan, 2024 EU: SFDR Level 2 amendments may be delayed By Premlata Fagan Upasana Chauhan With the clock ticking on the three months that the European Commission (the “Commission”) has to approve and adopt the draft Delegated...
25 Jan, 2024 Germany: The big solar package that became a small wind package By Ruth Losch Thomas Schulz On 19 January 2024, the German legislator passed a significantly shortened spin-off of the so-called Solar Package I. It comes into force...
25 Jan, 2024 EU: European banks could face higher legal and reputational risks for failures in transition planning By Premlata Fagan A study published by the European Central Bank (ECB) has found that many European banks could face higher legal and reputational risks by...
24 Jan, 2024 What EU and UK regulatory developments are on the ESG horizon in 2024 for financial services? By Victoria Hickman Sara Feijao This article first appeared in Thomson Reuters Regulatory Intelligence. 2023 was characterised by the frenetic development of...
24 Jan, 2024 EU CSRD: European Parliament approves two-year delay to sector-specific ESRS and ESRS for non-EU companies By Sara Feijao The Corporate Sustainability Reporting Directive (CSRD) requires the European Commission to adopt, by 30 June 2024, the following...
24 Jan, 2024 Paris court rejects NGOs’ request to order the French state to take additional measures to repair ecological damage caused by carbon emissions By Eleonore Hannezo Claudia Cavicchioli Charlotte Peiffer On 22 December 2023, the Administrative Court of Paris (“the Court”) issued another significant decision in what has been called the...
23 Jan, 2024 Priorities for diversity in a UK tech workforce By Laurie Ollivent There are over 1.6 million workers in the UK tech industry. However, the sector has the lowest proportion of workers aged over 50 of any...
22 Jan, 2024 Re-Powering the CfD Regime: Proposed Amendments for Allocation Round 7 By Will Morton Background The seventh allocation round (“AR7”) for the UK’s contract for difference (“CfD”) auction is due to open for applications in...
22 Jan, 2024 EU: EBA consult on guidelines on the management of ESG risks By Premlata Fagan The European Banking Authority (EBA) has published a consultation paper setting out draft guidelines on the management of ESG risks. The...
19 Jan, 2024 Feeling the pressure: the FCA is asking firms about non-financial misconduct and NDAs By Elizabeth Dowd Duncan Campbell The Treasury Committee this week in its “Sexism in the City” inquiry expressed concern that the industry is falling short on...
19 Jan, 2024 FCA intensifies its efforts to understand how firms address non-financial misconduct By Laurie Ollivent The FCA is proposing to survey in-scope firms on the number of non-financial misconduct cases in their workplaces, alongside firms’...
19 Jan, 2024 Hong Kong SAR’s Cross-Agency Steering Group announces key initiatives to support sustainable finance By Gilly Hutchinson On 8 January 2024, the Green and Sustainable Finance Cross-Agency Steering Group (the Steering Group) announced its key initiatives for...