The Bonn Climate Change Conference saw limited progress resolving open issues related to Article 6 of the Paris Agreement, which aims to incentivize international cooperation in mitigating climate change through carbon credit...more
The 60th sessions of the United Nations Framework Convention on Climate Change Subsidiary Body for Implementation and Subsidiary Body for Scientific and Technological Advice from 3 to 13 June 2024 in Bonn, Germany (the "Bonn...more
1. Repos in the Islamic market -
In our article titled "Repos in Islamic Finance"1 we concluded that Shari'ah-compliant repurchase transactions ("Repos") could play a useful role as a liquidity management instrument to...more
9/15/2023
/ Capital Markets ,
Collateral ,
Collateralization ,
Financial Institutions ,
Financial Services Industry ,
Global Market ,
Libor ,
Liquidity ,
Liquidity Risk Management Rule ,
Middle East ,
Repurchases ,
UK ,
United Arab Emirates (UAE)
Article 6.4 of the Paris Agreement to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a structure for a carbon credit market on which greenhouse gas ("GHG") emission reductions or removals may be...more
Article 6.2 of the Paris Agreement that was approved by the 21st session of the Conference of the Parties to the United Nations Framework Convention on Climate Change ("UNFCCC") provides a framework for countries to transfer...more
The voluntary carbon credit market is a market-based approach to controlling greenhouse gas (GHG) emissions. Individuals, companies or governments can purchase credits, often referred to as "carbon credits", to mitigate or...more
Greenhouse gas emissions reduction or removal credit transactions allow governments, companies or individuals to purchase credits that are often referred to as "carbon credits" in an effort to mitigate climate change by...more
The hard deadline for stopping new use of USD LIBOR following 31 December 2021 is rapidly approaching. Latest market practice as at end November 2021 suggests that some loan market participants are (at last) now contracting...more
Debt issuance linked to environmental, social and governance (ESG) metrics has accelerated at an unprecedented pace in 2021, as issuers move to position their credits to meet swelling investor demand for green and...more
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
Brexit: Fresh Perspectives -
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that...more
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
8/3/2021
/ Data Protection ,
Dispute Resolution ,
EU ,
European Commission ,
Financial Services Industry ,
Germany ,
Italy ,
Member State ,
State Aid ,
Technology Sector ,
Trade Agreements ,
UK ,
UK Brexit ,
Withdrawal Agreement
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris...more
7/30/2021
/ Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Social Responsibility ,
Emissions Trading System ,
Greenhouse Gas Emissions ,
Market Based Approach ,
Paris Agreement ,
Popular ,
Public Consultations ,
Sustainability
The UK has left the EU but there remains a vast array of operational and legal issues for businesses to address. See below for our perspectives on the key challenges and opportunities that Brexit presents for different...more
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris...more
On 5 March 2021, the Financial Conduct Authority ("FCA") announced (the "FCA Announcement") the future cessation or loss of representativeness for all 35 LIBOR settings currently published by ICE Benchmark Administration...more
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") is a private sector initiative working to scale an effective and efficient voluntary carbon credit market to help meet the goals of the Paris...more
The 'Taskforce on Scaling Voluntary Carbon Markets' (the "Taskforce") published a blueprint for a voluntary greenhouse gas or carbon market in its 10 November 2020 Consultation Document. The Taskforce's Consultation Document...more
11/13/2020
/ Anti-Money Laundering ,
Carbon Emissions ,
Climate Action Plan ,
Climate Change ,
Corporate Social Responsibility ,
Emissions Trading System ,
Greenhouse Gas Emissions ,
Know Your Customers ,
Market Based Approach ,
Offsets ,
Paris Agreement ,
Sustainability
The novel coronavirus (COVID-19) pandemic is presenting the global markets with unprecedented challenges. Governments, corporations and the financial markets have been struggling to evaluate and adapt to the social and...more
Last Friday, in response to the outbreak of the coronavirus pandemic (COVID-19), the German government announced various measures described as a big "bazooka" to avert a crisis in the Eurozone's largest economy. The German...more
3/22/2020
/ Compensation ,
Coronavirus/COVID-19 ,
Entrepreneurs ,
European Commission ,
European Investment Bank (EIB) ,
Germany ,
Liquidity ,
Member State ,
Multinationals ,
Relief Measures ,
Small Business Loans ,
Startups ,
State Aid ,
Treaty on the Functioning of the European Union (TFEU)
The EU (Withdrawal) Act 2018 requires Parliament to pass a motion approving the withdrawal agreement and the framework for the future relationship between the UK and the EU. This so-called 'meaningful vote' was due to take...more