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Financial sanctions enforcement in the UK: upping the ante

In the past week, the UK Government has made a series of announcements in relation to the enforcement of financial sanctions in the UK....more

The Queen’s Speech May 2022: upcoming changes to business compliance requirements in the UK

On 10 May 2022, the Queen's Speech 2022 was delivered to the UK's Parliament. The speech included a range of announcements relating to different Bills, three of which will be of particular interest to companies in relation...more

The EU and UK intensify their sanctions in response to Russia’s action in Ukraine

In response to events in Ukraine, the EU and the UK have continued to announce further and more extensive sanctions on Russia. In this bulletin, we set out an overview of the three EU sanctions packages announced to date, and...more

EU and UK sanctions in response to Russia’s actions in Ukraine

In response to the Russian Federation’s formal recognition of two regions in Eastern Ukraine – Donetsk and Luhansk – as independent states, earlier this week the EU and the UK adopted an initial package of new sanctions...more

National Security and Investment Act 2021: implications for lenders and security agents

The National Security and Investment Act 2021 came into force on 4 January. We look at the implications for the loan markets. ...more

Update on UK government and FCA regulatory developments - ESG and climate change

In the context of COP26, the UK has taken the opportunity to issue an array of documents and proposals, hoping to establish its credentials (post Brexit) as a leading light on ESG and climate change, and a rival to the EU,...more

The National Security and Investment Act 2021 (NSIA): guidance on “notifiable acquisitions” and on process

The UK government is continuing to build up its guidance in preparation for the commencement of the UK’s national security regime on 4 January 2022. ...more

The National Security and Investment Act 2021: some clarity on the “call-in” power

The UK government has taken a further step in preparation for the commencement of the UK’s strengthened national security regime on 4 January 2022. ...more

Greenwashing - key risks and issues in financial services

As appetite in the market for “green” and ESG badged products grows and grows, so too grows the number of legislative and regulatory initiatives intended to prevent or mitigate the risk of greenwashing. ...more

Carbon transport and storage in the UK

Today the UK Government has announced which two carbon transport and storage clusters have been successful in the initial phase of the UK Government's carbon capture, usage and storage cluster sequencing process. ...more

10/20/2021  /  BEIS , Carbon Emissions , Energy Sector , Oil & Gas , UK

UK Hydrogen Strategy - Top ten takeaways

The UK Government’s Hydrogen Strategy (the Strategy) finally landed on 17 August 2021. It was much-delayed and highly anticipated. When it arrived, it promised a hydrogen revolution: an integrated and holistic hydrogen...more

Great Investor Insights: The National Security and Investment Act (NSIA) - a date is set

The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. This will include a power for the UK...more

The National Security and Investment Act (NSIA): a date is set

The UK’s strengthened national security regime will commence on 4 January 2022. From that date there will be a dramatic expansion of the UK Government’s ability to scrutinise investments. That will include a power for the UK...more

The UK’s Global Anti-Corruption Sanctions Regime 2021

On 26 April 2021, the UK Government announced a new sanctions regime specifically targeting corruption. Following the introduction of the Global Anti-Corruption Sanctions Regulations 2021 (the Regulations), the UK Government...more

Towards mandatory TCFD

The recommendations of the Task Force for Climate-related Disclosures (TCFD) are voluntary, but are fast gaining traction within sustainability/ESG policy and regulation. ...more

National security and investment bill receives royal assent

On 29 April 2021, the National Security and Investment Act 2021 (the Act) received royal assent. The Act dramatically expands the UK Government’s powers to scrutinise investments. The regime that the Act puts in place has not...more

Framing securities lending for the sustainability era: ISLA-A&O white paper

The impact of the pandemic in 2020 has certainly pushed securities lending activity and the short side of the market under a microscope. ...more

Okpabi: Supreme Court rules that Nigerian communities can sue Shell and its Nigerian subsidiary in England

Okpabi and others (Appellants) v Royal Dutch Shell Plc and another (Respondents) [2021] UKSC 3, 12 February 2021. The UK Supreme Court has ruled that the English courts have jurisdiction to hear a claim by over 40,000...more

Enhanced climate-related financial risk disclosure for companies with UK-listed shares

The Financial Conduct Authority (FCA) has implemented a new Listing Rule applicable to premium listed commercial companies which is designed to help users of their financial statements understand how they are managing...more

Brexit certainty at last? An overview of the new EU-UK trading relationship

Following months of protracted negotiations and coming four and a half years after the UK voted to leave the EU, 24 December 2020 saw the EU and UK finally agree the shape of their future relationship. While the Trade and...more

UK national security regime: scrutiny of transactions tightens

The UK government has finally delivered on its promise to tighten the scrutiny of transactions on national security grounds....more

The Telecommunications (Security) Bill: the rollercoaster ride continues

On 24 November 2020, the Telecommunications (Security) Bill (the Bill) was introduced by the UK Government into Parliament. As anticipated, the Bill seeks to introduce a new regulatory framework for telecommunications...more

Covid–19 coronavirus update: global application of foreign investment control rules

The table below sets out an overview, based on our current awareness of the position as regards foreign investment control, of the different approaches being taken by authorities around the world in response to the Covid-19...more

National Security and Investment Bill: a new frontier for scrutiny of investment in the UK

On 11 November 2020 the UK Government published its groundbreaking National Security and Investment Bill (Bill). The Bill will drastically expand the Government’s powers to scrutinise investment on national security grounds,...more

FCA proposes enhanced climate-related financial disclosure for companies with listed equity

New Listing Rules applicable to premium listed commercial companies. The FCA is consulting on new Listing Rules for premium listed issuers of shares to improve climate-related disclosures in corporate reporting by...more

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