On 25 October 2022, the Financial Conduct Authority (“FCA”) announced a series of proposed measures aimed at tackling greenwashing. The proposed rules are designed to complement the FCA’s wider commitment to its...more
On 29 July 2022, the UK Competition and Markets Authority (CMA) launched an investigation into three fashion firms over potentially misleading eco-friendly and sustainability claims about their products....more
8/2/2022
/ Advertising ,
Antitrust Provisions ,
Competition ,
Environmental Social & Governance (ESG) ,
False Statements ,
Fashion Industry ,
Greenwashing ,
Marketing ,
Sustainability ,
UK ,
UK Competition and Markets Authority (CMA)
Companies and limited liability partnerships (LLPs) “with the greatest economic and environmental impact” are now subject to the legal requirement to assess their climate risks and disclose climate-related financial...more
On 18 October 2021, HM Treasury published a policy paper called “Greening Finance: A Roadmap to Sustainable Investing (the “Roadmap”), which represents Phase 1 of the UK government’s 2019 Green Finance Strategy. It addresses...more
The financial services sector plays a vital role in the fight against climate change. It has long been recognised that regular and accurate disclosure of information on climate-related risks and opportunities can help...more
Our previous Client Alert of 10 March 2021 discussed the Sustainable Finance Disclosure Regulation (SFDR) and its implications for the real economy.
This Client Alert reviews how EU Regulation 2020/852 on the...more
3/31/2021
/ Climate Change ,
Data Collection ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Services Industry ,
Green Bonds ,
Pollution Control ,
SFDR ,
Sustainability ,
Sustainable Development Goals (SDGs) ,
Taxonomy ,
Water
As recently confirmed, the EU Sustainable Finance Disclosure Regulation (SFDR), becomes effective on 10 March 2021. The SFDR imposes sustainability-related disclosure requirements on financial services institutions such as...more
3/11/2021
/ Banking Sector ,
Borrowers ,
Capital Investments ,
Code of Conduct ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
EU Benchmark Regulation ,
European Commission ,
Financial Services Industry ,
Governance Standards ,
Insurance Industry ,
Investors ,
OECD ,
Paris Agreement ,
SFDR ,
Sustainability
As recently confirmed, the EU regulation on sustainability-related disclosures in the financial services sector, or SFDR, will go into effect on March 10, 2021, regardless of the market rumors of an official delay of its...more