Photo of Beth Duff (BE)

Beth Duff (BE)

On 20 September 2019, a large group of financial industry associations co-published a letter raising concerns to the European Commission regarding the current application timeline for the new EU disclosure rules for sustainable investments and sustainability risks.

Whilst supporting the Commission’s objectives of financing a more sustainable economy, the industry associations’ argue that the Regulation

On 2 July 2019, the FCA published a Joint Declaration with the PRA, the Pensions Regulator and Financial Reporting Council, welcoming the publication of the Government’s Green Finance Strategy and setting out a shared understanding of the financial risks and opportunities of climate change.

The FCA welcomes the Chancellor’s announcement that the FCA will have

On 18 June 2019, the European Commission published new guidelines on corporate climate-related information reporting, as part of its Sustainable Finance Action Plan. The guidelines are intended to provide companies with practical recommendations on how to better report the impact that their activities are having on the climate as well as the impact of climate

Dialogue on the EU-Switzerland Framework Agreement recommenced on Friday 07 June with a letter from the Swiss Federal Council to European Commission President Jean-Claude Juncker . This is the first public correspondence since negotiations reached a stalemate in December 2018. Negotiations on an inter-institutional agreement, which would usually be of little importance to equity markets,

We have launched a new environmental, social and governance (ESG) page on our Asset Management Regulation knowledge hub. This page is called ‘ESG insight’.

ESG insight contains resources and materials to guide asset managers through the evolving regulatory landscape on ESG, features include:

  • videos from our financial services team discussing UK and EU regulatory developments

A new video is now available as part of our ESG video series. In this video, Simon Lovegrove and Beth Duff discuss the European Commission’s action plan on sustainable finance, and specifically the proposal for a Regulation for disclosures.

In our next video, Imogen Garner will discuss the current UK developments surrounding ESG.

On 3 May 2019, the European Securities and Markets Authority (ESMA) published its technical advice to the European Commission (Commission) on sustainable finance initiatives to support the European Commission’s Sustainability Action Plan in the areas of investment services and investment funds.

The final reports contain technical advice to the Commission on the integration of