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Disclosure Requirements European Union

Proskauer Rose LLP

Catching Up On Simplified EU Sustainability Disclosure Rules

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On July 4, the European Commission adopted a new delegated regulation aimed at streamlining the implementation of the EU Taxonomy Regulation. The Taxonomy Regulation is a classification system that defines which economic...more

Hogan Lovells

ESG and Defence in the UK and EU – navigating the politics and legal requirements to include defence projects in sustainable...

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Increasing global security concerns (coupled with changes on the global political scene) have led governments to increase their budgets for defence spending. In this briefing we consider how compatible defence sector...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Implementing the EU Pay Transparency Directive in Malta - New Obligations Effective From 27 August 2025

The adoption of Legal Notice 112 of 2025—Transparent and Predictable Working Conditions (Amendment) Regulations on 27 June 2025 marks Malta’s first legislative step toward implementing the European Union’s pay transparency...more

DLA Piper

Horizon - ESG Regulatory News and Trends - August 2025

DLA Piper on

Welcome to Horizon, DLA Piper’s monthly bulletin reporting on late-breaking legislative and policy developments in ESG. Our aim is to scan the litigation, enforcement, and regulatory horizon to help inform business decisions....more

A&O Shearman

Prospectus Regime Changes in the EU and UK—A Debt Capital Markets Update

A&O Shearman on

The EU and UK prospectus regimes govern disclosure requirements for securities offered to the public and/or admitted to trading on a regulated market. Recent and forthcoming changes to these regimes have implications for...more

A&O Shearman

EC Publishes Draft Acts Revising REMIT IR and Introducing New Rules for IIPs and RRMS

A&O Shearman on

The European Commission (EC) has published two draft regulations which aim to modernise and reinforce the transparency and integrity of the EU's wholesale energy markets under Regulation (EU) No 1227/2011 on Wholesale Energy...more

A&O Shearman

EBA Confirm Approach to Postponement of Revised Market Risk Framework

A&O Shearman on

The European Banking Authority (EBA) published a statement confirming that following the European Commission's Delegated Act postponing the application of the market risk framework (FRTB) by one more year, to 1 January 2027,...more

Ropes & Gray LLP

Ropes & Gray CSRD Transposition Tracker - Updated 8.20.25

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Reporting obligations under the European Union’s Corporate Sustainability Reporting Directive are created under EU member state national legislation adopted pursuant to the CSRD. We have again updated our tracker to reflect...more

A&O Shearman

EBA issues no-action letter on the application of the ESG Pillar 3 disclosure requirements

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The European Banking Authority (EBA) has issued an Opinion in the form of a no-action letter dated 5 August, addressing the application of ESG Pillar 3 disclosure requirements under the EBA disclosure implementing technical...more

Ropes & Gray LLP

ISS Announces Update of E&S Disclosure QualityScore Methodology, Coming in September

Ropes & Gray LLP on

ISS has announced that it will be updating its Environmental & Social Disclosure QualityScore (ESQS) scoring methodology. ESQS covers approximately 8,000 issuers across 25 industry groups in the Americas, Europe and...more

A&O Shearman

ESAs update SFDR Q&As

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The European Supervisory Authorities—the European Banking Authority, European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority—have published an updated version of their...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU’s General-Purpose AI Obligations Are Now in Force, With New Guidance

- What is new: The EU AI Act’s obligations on general-purpose AI providers have now come into force alongside the publication of guidance, a code of practice and a disclosure template that flesh out GPAI model providers’...more

Ropes & Gray LLP

Summer of CSRD Redux: An In-depth Look at EFRAG’s Proposed Changes to the ESRS 1 General Requirements Standard

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As many of our readers will remember, during summer 2023, we published a 10+-part series that examined the requirements of ESRS 1, which is the cross-cutting standard that contains the general requirements for reporting under...more

Latham & Watkins LLP

EFRAG Releases Proposed Amended ESRS for Public Consultation

Latham & Watkins LLP on

The proposals outline simplification “levers” to address sources of complexity in sustainability reporting under the EU Corporate Sustainability Reporting Directive....more

Jones Day

ESMA Clarifies Position on Documents Incorporated by Reference in Prospectuses

Jones Day on

Following up on its earlier clarification around future incorporation by reference under Regulation (EU) 2017/1129 (the "Prospectus Regulation"), the European Securities and Markets Authority ("ESMA") published its final...more

K&L Gates LLP

Investment Management Update Germany July 2025

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BMF Publishes Draft Bill on DAC 8 Implementation Act - On 26 June 2025, the German Federal Ministry of Finance (Bundesministerium der Finanzen, or BMF) published a new draft bill (following the formation of a new government)...more

A&O Shearman

Suite of technical standards supplementing the EU Green Bonds Regulation and guidelines published in the OJ

A&O Shearman on

Three Commission Delegated Regulations supplementing the EU Green Bonds Regulation (Regulation (EU) 2023/2631) have been published in the Official Journal of the European Union (OJ), namely: - Commission Delegated Regulation...more

Jones Day

Reform of the EU Securitisation Framework—Part 4: Amendments to the Transparency Regime Under Article 7 of the EU Securitisation...

Jones Day on

On 17 June 2025, the European Commission (the "Commission") published its proposed measures to revive the securitisation framework in the European Union ("EU"), with a view to making it simpler and more fit for purpose. This...more

NAVEX

Exactly What Are ‘Systemic’ AI Risks, Anyway?

NAVEX on

As artificial intelligence keeps marching into the corporate world, compliance and risk management teams must start grappling with its many risks. That means compliance officers have an important question they need to answer...more

Cooley LLP

Drafts of New EU CSRD Reporting Standards Published, Open for Consultation

Cooley LLP on

On July 31, 2025, the long-awaited drafts of the updated European Sustainability Reporting Standards (ESRS) were published and are now open for public consultation. The ESRS are the mandatory reporting standards for European...more

A&O Shearman

ECON adopts opinion on Omnibus I sustainability package

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The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has adopted its opinion on the Omnibus I package that proposes targeted amendments to key directives on corporate sustainability reporting and due...more

Proskauer - Regulatory & Compliance

EFRAG Launches Consultation on Simplified European Sustainability Reporting Standards (ESRS) under the CSRD

On 31 July 2025, the European Financial Reporting Advisory Group (EFRAG) launched its much anticipated 60-day consultation on the revised and simplified European Sustainability Reporting Standards (ESRS) for companies in...more

Hogan Lovells

ESG Focus: UK/EU/International ESG regulation monthly round-up – July 2025

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Though it has been a little quieter this month, there are still ongoing developments in relation to the EU omnibus simplification package, including the anticipated “quick fix” for companies currently reporting under the...more

A&O Shearman

ESMA feedback statement on the private securitisation reporting regime

A&O Shearman on

ESMA has published its feedback statement on the outcome of its consultation on the private securitisation reporting regime. ESMA had previously consulted on introducing changes to the disclosure regime including in relation...more

Proskauer - Regulatory & Compliance

New SFDR Clarifications Published by the European Supervisory Authorities

On 4 August 2025, the European Supervisory Authorities (“the ESAs”) published updated guidance on the application of the Sustainable Finance Disclosure Regulation (“SFDR”) by adding to their Q&A. Below, we break down the...more

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