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Consultation Starts on Draft Disclosure Framework and Implementation Guidance

On November 8, 2022, the U.K. Transition Plan Taskforce (TPT) published its draft Disclosure Framework (“Framework”) and accompanying Implementation Guidance (“Guidance”) for public consultation. The Framework and Guidance...more

Proposal for U.K. Sustainability Disclosure Rules Will Apply to Investment Managers

The United Kingdom’s Financial Conduct Authority (FCA) has issued proposed rules to establish a U.K. sustainability disclosure regime (SDR) providing a U.K. take on a topic many investment managers have been dealing with in...more

FCA Has Extended the Rule on Listed Companies’ Climate-Related Financial Disclosure Standards

Who is Now Subject to Climate-Related Financial Disclosures? Issuers of standard listed equity shares and Global Depositary Receipts (GDRs) will now be required to satisfy certain previously issued climate-related...more

BEIS Guidance Notes on Climate-Related Disclosure Obligations

Ahead of The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022  (the “Regulations”) taking effect on April 6, 2022, the U.K. Department for Business, Energy & Industrial Strategy (BEIS)...more

The Roadmap to Sustainable Investing-UK to be the first Net Zero-Aligned Financial Center

As we reflect on the 2021 United Nations Climate Change Conference (COP26), it would be remiss not to note that the United Kingdom government announced its intention for the U.K. to be the world’s “first net zero-aligned...more

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