The judgment brings clarity regarding the fiduciary duty and unfair relationships. The consumer finance sector now awaits the FCA’s plans for a new redress scheme covering commission arrangements....more
8/5/2025
/ Car Dealerships ,
Consumer Financial Products ,
Consumer Lenders ,
Consumer Protection Laws ,
Fiduciary Duty ,
Financial Conduct Authority (FCA) ,
Lenders ,
Loans ,
UK ,
UK Supreme Court ,
Unfair or Deceptive Trade Practices
31 July 2024 will mark one year since the Consumer Duty (the Duty) came into force for new and open products and services, and the deadline for implementing the Duty for closed products and services. Firms must also produce...more
A new proposal would amend changes made to ERISA less than a year ago that have proved to be detrimental to ESG investing.
In a sweeping reversal of Trump-era policies, the US Department of Labor (DOL) has issued a...more
10/18/2021
/ Benefit Plan Sponsors ,
Biden Administration ,
Comment Period ,
Corporate Social Responsibility ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Executive Orders ,
Fiduciary Duty ,
Investment Management ,
Proposed Regulation ,
Retirement Plan
The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities.
On 21 April 2021, one day prior to Earth Day and a US-led global...more
6/14/2021
/ AIFM ,
Carbon Emissions ,
Climate Change ,
Disclosure Requirements ,
Environmental Policies ,
EU ,
European Commission ,
Fiduciary Duty ,
Green Finance ,
Greenhouse Gas Emissions ,
MiFID ,
MiFID II ,
Net Zero ,
Reporting Requirements ,
Sustainability ,
UCITS
In its finalized rule amending ERISA, the DOL makes financial factors paramount in a fiduciary’s responsibility to investors.
On October 30, 2020, the US Department of Labor (DOL) published Financial Factors in Selecting...more
11/10/2020
/ Carbon Emissions ,
Corporate Counsel ,
Corporate Governance ,
Corporate Social Responsibility ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary Duty ,
Final Rules ,
Investment Management ,
Net Zero ,
Pension Funds ,
Public Comment ,
Publicly-Traded Companies ,
Retirement Plan ,
Sustainable Business Practices