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UK regulators give update on timing of ESG regulatory initiatives

A new edition of the Regulatory Initiatives Grid, which sets out details of current and planned regulatory initiatives for all the regulators affecting the financial services sector, has been published. It includes details of...more

UK/EU/International ESG Regulation Monthly Round-Up – November 2024

In November, we got a tantalizing glimpse into what the future looks like for sustainable finance in the UK in the annual Mansion House speech. We highlight some of the key ESG regulatory announcements below. November also...more

UK Chancellor of the Exchequer’s Mansion House speech (14 November 2024) – summary of key initiatives

At her inaugural Mansion House speech on 14 November 2024, the Chancellor of the Exchequer outlined a number of key policy initiatives for the UK financial services sector. This note sets out the main initiatives, which...more

FCA offers flexibility for Sustainability Disclosure Requirements (SDR) ‘naming and marketing’ rules compliance

On 9 September 2024, the FCA confirmed that it is offering “limited temporary flexibility” until 2 April 2025 for firms to comply with the ‘naming and marketing’ rules under the UK Sustainability Disclosure Requirements....more

UK/EU/International ESG Regulation Monthly Round-Up – April 2024

April 2024 has been another busy month for ESG regulation both in the UK, EU and internationally. Key developments include the long-awaited Financial Conduct Authority (FCA) finalised guidance on the UK anti-greenwashing...more

UK: FCA Anti-greenwashing guidance and extension of the SDR to portfolio managers

On 23 April 2024, the Financial Conduct Authority (FCA) published the much-anticipated anti-greenwashing guidance which will apply to all FCA regulated firms from 31 May 2024. The anti-greenwashing rule is designed to...more

Fostering integrity and trust in ESG ratings and data products providers – UK, Japan, Singapore and EU

The growth in size and influence of ESG ratings and data markets coupled with concerns about the transparency and credibility of ESG ratings and data products have led to IOSCO developing recommendations to regulators and ESG...more

ESAs publish consultation paper proposing amendments to the RTS supplementing EU SFDR

On 12 April 2023, the three European Supervisory Authorities (EBA, EIOPA and ESMA, together the ESAs) published a joint consultation paper in response to their joint mandate to review and revise the RTS supplementing SFDR....more

UK/EU ESG Regulation monthly round-up – February 2023

ESG developments have continued at a steady pace throughout February with ESG remaining squarely on the financial services regulatory agenda in the UK, EU and internationally.  In this edition, we share the latest regulatory...more

Financial Institutions Horizons 2023

The outlook for 2023 looks uncertain, following another tumultuous year. The collapse of a number of large cryptocurrency exchanges has shone another spotlight on the digital asset market. The financial system’s resilience...more

ESG Regulation Monthly Round-Up – January 2023

2023 is here and ESG developments have continued apace throughout January with ESG remaining squarely on the financial services regulatory agenda in the UK and internationally.  In this edition, we share the latest key focal...more

The FCA released Consultation Paper CP22/20 on the UK Sustainable Disclosure Requirements

The FCA has published long-awaited proposed rules for the UK’s equivalent to the EU SFDR, the Sustainability Disclosure Requirements and investment labels in CP22/20 published on 25 October 2022. In the consultation, the FCA...more

EU Sustainable Finance Disclosure Regulation and EU Taxonomy: Regulatory Technical Standards update

On 6 April 2022, the European Commission has published the final Regulatory Technical Standards (RTS) supplementing the Sustainable Finance Disclosure Regulation (SFDR), which shall apply from 1 January 2023. The RTS will...more

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