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EU Moves to Simplify Taxonomy Disclosures Without Undermining Green Goals

On July 4, 2025, the European Commission (EC) adopted a “Delegated Act Amending the Taxonomy Disclosures, Climate and Environmental Delegated Acts,” marking a significant shift in how companies will interact with the European...more

The UK Takeover Panel’s Guidance on “Stub Equity” In Take-Private Transactions

On 3 July 2025, the UK Takeover Panel (Panel) published a new Practice Statement 36 (PS 36), which provides formal guidance on how the Panel will interpret and apply the Takeover Code to an “unlisted share alternative” (known...more

The EU’s CSRD and CSDDD Compliance Playbook Is Being Rewritten (Again)

European policy-makers are moving swiftly to scale back the scope and burden of corporate sustainability reporting. Specifically, in recent weeks, two parallel developments—one political, the other technical—have introduced...more

The EU Corporate Sustainability Reporting Directive – Draft FAQs and the European Sustainability Reporting Standards

The European Union (EU) Commission has published a draft set of frequently asked questions (FAQs) on the interpretation of certain provisions of the EU Corporate Sustainability Reporting Directive (CSRD) and the first set of...more

The EU Corporate Sustainability Reporting Directive (CSRD) – Application from FY 2024

Background - The application of the European Union’s (EU)  Corporate Sustainability Reporting Directive (CSRD) is to be phased in from the start of 2024 and will require in-scope companies to make disclosures on the risks...more

ISSB Sustainability Disclosure Standards

The International Sustainability Standards Board (ISSB) published its first sustainability disclosure standards, IFRS S1 and IFRS S2 (Standards), on 26 June 2023 with the aim of improving the disclosure and transparency of...more

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

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

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