On 29 March 2023, the United Kingdom’s Financial Conduct Authority (“FCA”) announced a delay to the upcoming policy statement on Sustainability Disclosure Requirements (“SDR”) and investment labels....more
On 20 February 2023, the European Securities and Markets Authority’s (“ESMA”) consultation paper (ESMA34-472-373) “Guidelines on funds’ names using ESG or sustainability-related terms” (the “Consultation”) closed to comments....more
2/24/2023
/ AIFs ,
Biodiversity ,
Climate Change ,
Environmental Social & Governance (ESG) ,
EU ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Financial Conduct Authority (FCA) ,
Greenwashing ,
National Private Placement Regimes (NPPR) ,
SFDR ,
Sustainability ,
UK ,
Water
Following the turn of the new year, our UK Regulatory specialists have examined the key regulatory developments in 2023 impacting a range of UK and European firms within the financial services sector. The key dates have been...more
1/18/2023
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Climate Change ,
Environmental Social & Governance (ESG) ,
EU ,
Greenwashing ,
Libor ,
MiFID II ,
Money Laundering ,
SFDR ,
Sustainability ,
Taxonomy ,
UK
On 10 March 2021,the Sustainable Finance Disclosure Regulation ((EU) 2019/2088) ("SFDR") came into force. This imposes environmental, social and corporate governance (“ESG”) and reporting requirements on a wide range of...more
12/23/2022
/ AIFM ,
Climate Change ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Fund Managers ,
Investment Firms ,
Reporting Requirements ,
SFDR ,
Sustainability ,
Taxonomy
On 25 October 2022, the United Kingdom’s Financial Conduct Authority (“FCA”) published a consultation paper (CP22/20) on Sustainability Disclosure Requirements (“SDR”) and investment labels (the “Consultation”).
The...more
On 25 July 2022, Commission Delegated Regulation ((EU) 2022/1288) (“SFDR RTS”) which supplements the Sustainable Finance Disclosure Regulation ((EU) 2019/2088) ("SFDR") and Regulation on the establishment of a framework to...more
The fund and asset management industry has been more focused on environmental, social and governance (“ESG”) issues in the last two years than it has been in, perhaps, the last decade....more
1/21/2022
/ Asset Management ,
Business Plans ,
Business Strategies ,
Capital Investments ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
EU ,
Fund Managers ,
Institutional Investors ,
Investment Funds ,
Investment Management ,
Publicly-Traded Companies ,
SFDR ,
Sustainability ,
UK
Yesterday, the UK Financial Conduct Authority (“FCA”) published a discussion paper (DP21/4) (the “Discussion Paper”) seeking initial views on new sustainability disclosure requirements for asset managers and FCA-regulated...more
On 25 February 2021, the Joint Committee of the European Supervisory Authorities (“ESAs”) published a joint supervisory statement (“Joint Statement”) on the application of the Sustainable Finance Disclosure Regulation ((EU)...more