The European Commission (EC)’s third annual report on EU foreign direct investment (FDI) screening covers the operation of the screening mechanism in 2022. Together with a Commission Staff Working Document, it details...more
The Commission has launched a far reaching consultation and review of SFDR, long expected by the industry. This bulletin provides an overview, as well as giving thought as to what we might see in terms of SFDR 2.0....more
9/25/2023
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Investment ,
Investment Management ,
Investors ,
Regulatory Reform ,
SFDR ,
Sustainable Finance ,
Taxonomy ,
UK
Following negotiations with the United States, the Netherlands in January 2023 agreed to impose controls on the export of certain semiconductors and related products to China....more
When the European Parliament announced that political agreement on the EU Green Bond Regulation (the Regulation) had been reached with the Council on 28 February 2023, rapporteur Paul Tang was quoted as saying...more
On 17 May 2023, the EU Regulation establishing a carbon border adjustment mechanism (the CBAM Regulation) came into force. The CBAM Regulation will become applicable in phases, with provisions applying from 1 October 2023, 31...more
The EU emissions trading system (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more
The EU Emissions Trading System (the EU ETS) is one of the key pillars of the EU’s policy to combat climate change and to reduce greenhouse gas emissions from regulated sectors....more
Supply chain risks are drawing attention across the globe. Recent geo-political and economic shocks such as Covid-19, Russia’s invasion of Ukraine, the U.S.-China trade war and connected inflation are driving this focus.
...more
With the EU FDI Regulation close to celebrating its second year anniversary, the European Commission (EC) has published its second annual report on EU FDI screening covering the operation of the mechanism in 2021. In...more
The European Commission (the Commission) plans to adopt a European Chips Act (the Act) in 2022. The aim is for the European Union (EU) to double its market share in semiconductors (also referred to as chips or microchips)...more
The most innovative and challenging aspect of the EU’s Sustainable Finance Disclosure Regulation (SFDR) is probably the new principal adverse impacts or PAI regime. This is being introduced in stages, starting from 10 March...more
The European Commission published its long-awaited Strategy for Financing the Transition to a Sustainable Economy (the Strategy) today.
The Strategy was announced as part of the European Green Deal in 2019 (originally...more
7/7/2021
/ Corporate Governance ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Popular ,
Regulation Technical Standards (RTS) ,
SFDR ,
Small and Medium-Sized Enterprises (SMEs) ,
Sustainability
As Firms continue to implement SFDR, which applies on 10 March 2021 across the EU, our latest Great Fund Insights client alert gives further detail on the Regulatory Technical Standard and how firms can make sense of the new...more
Sustainable battery development and production is key to the EU’s clean energy and climate neutrality objectives, as they are expected to contribute to the uptake of electric vehicles. For this reason, the use of batteries is...more
As a further step in the roll out of its green agenda, the European Commission is shortly expected to finalise certain ESG related changes to MiFID II, AIFMD and the UCITS Directive. These will contain various requirements,...more
On 4 March 2020, the European Commission (the Commission) published a draft EU climate law, along with inception impact assessments for an EU carbon border adjustment mechanism and revisions to the Energy Taxation Directive....more
The European Commission has invited stakeholders to comment on issues that should be included in the next update of the Blue Guide on the implementation of EU product rules (the Blue Guide). The invitation can be found here....more
The start of a New Year is a good time to take stock as to what we can expect in European environmental law and policy over the next 12 months. Unlike previous years, 2020 is already shaping up to be a momentous year at both...more
The EU’s key financing restrictions targeting certain Russian sectoral sanctions targets are contained in Article 5 of Council Regulation (EU) No 833/2014 (Article 5). Article 5 restricts certain activities involving...more