On 27 March 2024, Australia's climate disclosure regime moved a significant step closer to implementation, with the federal government's introduction of proposed legislation into Parliament. Any organisations with a presence...more
4/17/2024
/ ASIC ,
Audits ,
Australia ,
Climate Change ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Financial Reporting ,
Greenhouse Gas Emissions ,
Popular ,
Proposed Legislation ,
Regulatory Agenda ,
Sustainability
The Situation: The Australian government has released its widely anticipated exposure draft legislation for the introduction of Australia's national mandatory climate-related financial disclosures regime....more
The Situation: The UK Financial Conduct Authority ("FCA") publicly censured a UK publicly listed IT services provider for false disclosure but avoided a fine on the basis that the company provided essential services during...more
7/24/2020
/ Actual or Constructive Knowledge ,
Compensation Schemes ,
Coronavirus/COVID-19 ,
Enforcement Actions ,
Financial Conduct Authority (FCA) ,
Misleading Impressions ,
Operators of Essential Services ,
Popular ,
Public Disclosure ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Self-Reporting ,
UK
On 28 March 2017, the FCA announced that Tesco plc and Tesco Stores Limited ("Tesco") had agreed to committing market abuse in relation to a trading update published on 29 August 2014. In that update, Tesco plc had stated...more
5/29/2017
/ Damages ,
Enforcement Actions ,
False Statements ,
Financial Conduct Authority (FCA) ,
FSMA ,
Investor Protection ,
Investors ,
Market Abuse ,
Popular ,
Serious Fraud Office (SFO) ,
Tesco