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Environmental Social & Governance (ESG) Regulatory Requirements Financial Conduct Authority (FCA)

A&O Shearman

FCA publishes final rules on POATR framework and UK Listing Rules

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The UK Financial Conduct Authority (FCA) has published final policy statement (PS25/9) to implement the new Public Offers and Admissions to Trading Regulations 2024 (POATRs), which will replace the UK Prospectus Regulation....more

Proskauer - Regulatory & Compliance

UK Green Taxonomy Shelved as Transition Plans Take Centre Stage

On 15 July 2025, HM Treasury published its response confirming it will no longer pursue a UK green taxonomy – a classification system to define which economic activities could be considered environmentally sustainable (the...more

Proskauer Rose LLP

Regulation Round Up - June 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Hogan Lovells

UK consultation: Exposure draft of UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2

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On 25 June 2025, the UK Department for Business and Trade published a consultation on the exposure draft of the UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2. The consultation seeks views on draft UK...more

Latham & Watkins LLP

Government Sets Out Next Steps for UK Sustainability Reporting Framework

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The package of consultations covers UK Sustainability Reporting Standards, transition plans, and assurance of sustainability-related disclosures....more

Proskauer Rose LLP

Regulation Round Up - May 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Proskauer Rose LLP

Regulation Round Up - April 2025

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Welcome to the UK Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

Hogan Lovells

UK regulators give update on timing of ESG regulatory initiatives

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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

Proskauer - Regulatory & Compliance

Sustainability-Related Governance, Incentives and Competence – FCA Confirms No New Rules for Now

In February 2023, the United Kingdom Financial Conduct Authority (“FCA”) published a discussion paper (DP23/1) to encourage an industry-wide dialogue on firms’ sustainability-related governance, incentives, and competence...more

Hogan Lovells

ESG Market Alert UK – April 2025

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In our latest round-up of developments in ESG for UK clients, we cover the following topics: The UK’s seventh carbon budget Scottish court finds consents for new oil and gas fields were unlawful for failing to take into...more

Jones Day

FCA Confirms It Will Not Be Creating New Rules On Sustainability-related Governance, Incentives, And Competence

Jones Day on

In early 2023, the FCA released a discussion paper seeking to encourage industry-wide dialogue on financial services firms’ sustainability-related governance, incentives, and competence. This was part of the FCA's broad...more

Proskauer Rose LLP

Regulation Round Up - March 2025

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Welcome to the Regulation Round Up, a regular bulletin highlighting the latest developments in UK and EU financial services regulation....more

A&O Shearman

UK FCA voluntary survey of ESG ratings providers

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The Financial Conduct Authority (FCA) has published a new webpage on a voluntary survey it issued to environmental, social and governance (ESG) ratings providers on 21 March, to help inform the future regulation of ESG...more

A&O Shearman

FCA statement on sustainability regulations and UK defence

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a statement confirming that there is nothing in its rules, including its sustainability rules, that prevents investment in or finance for defence companies. The FCA...more

Proskauer - Regulatory & Compliance

Defence – A Sustainable Investment?  A View From The UK’s Financial Conduct Authority

On 11 March 2025, the Financial Conduct Authority (the “FCA”) published a statement clarifying that their rules, including with regards to sustainability, do not prevent investment in or financing of defence companies.  The...more

Skadden, Arps, Slate, Meagher & Flom LLP

FCA ‘Dear CEO’ Letter to the Asset Management and Alternatives Sector

In February 2025, Camille Blackburn, director at the Financial Conduct Authority (FCA), set out the FCA’s current supervisory priorities for the asset management and alternatives sector (Sector) in a “Dear CEO”...more

A&O Shearman

UK FCA expectations for authorised fund applications published

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published information setting out its expectations for firms applying for collective investment schemes to be authorised as authorised unit trusts, authorised contractual schemes...more

Latham & Watkins LLP

ESG Ratings: UK Confirms Regulatory Regime

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The regime will have broad reach, although its implementation will likely take several years. On 14 November 2024, HM Treasury laid out the future UK regulatory regime for environmental, social, and governance (ESG)...more

A&O Shearman

UK Transition Finance Market Review Publishes Recommendations

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The U.K. Transition Finance Market Review published its report for scaling transition finance. The report sets out the TFMR's recommendations on how to scale a high-integrity transition finance market that can support both...more

Proskauer - Regulatory & Compliance

The Anti-Greenwashing Rule Comes Into Force: A Legal Lens

On 31 May 2024, a new anti-greenwashing rule is being introduced by the Financial Conduct Authority (the “FCA”) as part of its Sustainability Disclosure Requirements (“SDR”). We cover here the introduction of the FCA’s...more

Walkers

Irish Quarterly Legal and Regulatory Report - Asset Management and Investment Funds July - September 2023

Walkers on

Welcome to the July – September 2023 issue of our Irish Quarterly Legal and Regulatory Developments report for asset management and investment funds. This report covers key dates and developments during the quarter, such...more

Walkers

Names and Claims – ESMA probes use of generic ESG terms in EU funds

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Yesterday, ESMA published a risk analysis report outlining the results of its disclosure study on ESG names and claims in the EU funds industry. ESMA utilised natural language processing ("NLP") techniques to analyse the...more

Proskauer Rose LLP

UK Rules on Climate-related Disclosures – A Q&A for Asset Managers

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As mentioned in our latest briefing note, the UK Financial Conduct Authority (FCA) published its final rules and guidance (the “Rules”) setting out the requirements under a new climate-related disclosure regime for certain...more

BCLP

Funds First Autumn legal and regulatory update for real estate funds

BCLP on

At our recent Funds First webinar we shared some technical and market issues and updates on a selection of key developments of impact for real estate funds. Our discussion covered the Long Term Asset Fund (LTAF) , the...more

Hogan Lovells

UK Stewardship Code 2020 raises the bar, including with ESG requirements

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This week, the Financial Reporting Council (FRC) published the first list of successful signatories of the revamped 2020 UK Stewardship Code (the Code). While we note that the number of successful signatories have fallen this...more

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