The UK’s Financial Conduct Authority (FCA) has overhauled the Listing Rules (the UKLR) to better align with international market standards and to improve the global competitiveness of the UK market.
Capital Markets - EquityDomestically, FSPO publishes its Annual Report 2023. At European level, the European Commission publishes FAQ providing further clarifications on EU corporate sustainability reporting rules.
Financial Regulation AdvisoryDomestically, the CBI issues Dear CEO Letter on consumer protection in insurance firms. At European level, EOIPA publishes technical information for Solvency II and provides initial information to policyholders affected by FWU AG’s insolvency.
FinanceDomestically, certain passporting notifications to be made through the CBI Portal from 11 September 2024. At European level, the FCA will open the gateway to new schemes forming part of the UK’s Overseas Funds Regime on 30 September 2024.
Asset Management & Investment FundsDomestically, the CBI publishes guidance on breach and incident reporting for MiFID firms. At European level, ESMA publishes its report on Trends, Risks and Vulnerabilities Risk Monitor.
Asset Management & Investment FundsDomestically, the CBI publishes an announcement on the countercyclical capital buffer rate and summary notes on compilation in relation to the survey of credit institutions return. At European level, the EBA publishes a joint report on payment fraud with the ECB.
FinanceIn this second part of our business and human rights advisory series, we examine international human rights guidance related to the mandatory sustainability due diligence and disclosures obligations being introduced in the EU which were covered in the first part of this series.
ESG & SustainabilityThis article sets out the types of entities that will fall within scope of the recently introduced sustainability reporting obligations and when these obligations will apply. It also highlights where provisions of the Regulations currently appear to differ from those contained in CSRD.
ESG & SustainabilityIn the second part of this two part series on regulating ESG rating activities, we will look at the organisational processes and governance requirements being introduced by the regulation on the transparency and integrity of ESG rating activities and set out some practical considerations for ESG rating providers.
Asset Management & Investment FundsIn this article, we ask the question – how sustainable are renewable energy supply chains? We also consider relevant EU legislative and policy developments as well as actions being taken by industry associations and individual stakeholders.
Energy & Natural ResourcesIn this article, we provide an overview of the key provisions of the regulation on deforestation-free products and commentary on the possibility of a delay to its implementation.
ESG & SustainabilityESMA speech, ESMA TRV report, ESA report on risks and vulnerabilities in the EU financial system.
Asset Management & Investment Funds