Jun 01, 2023 The Hong Kong Monetary Authority publishes consultation on prototype of a Green Classification Framework for Hong Kong By Gilly Hutchinson Clara Hackney Sarah Martin On 30 May 2023, the Hong Kong Monetary Authority (HKMA) published a discussion paper seeking market feedback on the “Prototype of a Green...
May 25, 2023 Green advertising claims in the UK: CMA’s new fining powers under the Digital Markets, Competition and Consumer Bill By Emma Cochrane Sarah Martin The Digital Markets, Competition and Consumer Bill (DMCC) has now landed. As anticipated in our March blog post, the DMCC heralds a...
May 24, 2023 UK High Court rules that derivative action against Shell plc’s Board in relation to its management of climate risk cannot proceed By Sarah Martin Tara Janus Gabi Benavides Overview The High Court has ruled that ClientEarth’s proposed derivative action against the Board of Shell plc (“Shell”) in relation to...
Apr 06, 2023 ESG Disputes Bulletin – March 2023 By James Bowen Welcome to the quarterly Linklaters ESG Disputes Bulletin. In this spring edition, we cover some of the key developments in contentious...
Mar 01, 2023 UK: Countdown to a super-charged CMA with significant fining powers for “greenwashing” By Emma Cochrane Sarah Martin The Digital Markets, Competition and Consumer Bill is expected in the next month or so. Among significant reforms to the merger and...
Jan 30, 2023 Hong Kong Monetary Authority publishes good practice for due diligence processes for green and sustainable products By Gilly Hutchinson Sarah Martin Clara Hackney On 9 December 2022, the Hong Kong Monetary Authority (HKMA) sent a circular (and annex) to authorised institutions (AIs) setting out some...
Dec 14, 2022 UK: CFRF publishes third set of guides to help financial industry manage climate financial risks By Sara Feijao The Climate Financial Risk Forum (CFRF), which is chaired jointly by the Prudential Regulation Authority (PRA) and Financial Conduct...
Oct 20, 2022 UK: Advertising regulator finds that bank’s adverts containing climate claims are misleading in precedent-setting case By Rebecca Burton Oorvi Mehta The Advertising Standards Authority (ASA) has used a recent ruling to give guidance to banks and advertisers operating in the financial...