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Haney Saadah

On 18 July 2024, the Financial Stability Board (FSB) issued a report providing a stocktake of member financial authorities’ initiatives related to the identification and assessment of nature-related financial risks.

The report draws on a survey of participating FSB members and the work done by international organisations on nature-related risks. It summarises current

On 16 July 2024, the Network for Greening the Financial System (NGFS) published an information note on improving greenhouse gas emissions data.

The information note:

  • Outlines the use cases of Greenhouse Gas (GHG) emission data by supervisors, regulators and central banks. It describes the different countries’ experience about the availability, sources,

On 5 July 2024, there was published in the Official Journal of the EU (OJ), Directive (EU) 2024/1760 of 13 June 2024 on corporate sustainability due diligence and amending Directive (EU) 2019/1937 and Regulation (EU) 2023/2859.

The Directive enters into force on the twentieth day following its publication in the OJ (25 July

On 4 July 2024, the European Banking Authority (EBA) issued new guidelines on the ‘travel rule’.

The EBA publicly consulted on a draft version of the guidelines between 24 November 2023 and 26 February 2024. A public hearing took place on 17 January 2024.

The guidelines specify which information should accompany a transfer

On 2 July 2024, the Network for Greening the Financial System (NGFS) published two complementary reports on nature-related risks:

This report covers key emerging trends related to nature-related litigation, including cases concerning biodiversity loss, deforestation, ocean degradation, carbon sinks and plastic pollution

In the first episode of our podcast series, Risks Redefined, brought to you by the Risk Advisory team, Hannah Meakin and Haney Saadah discuss the upcoming UK general election and what this will mean for firms with regards to compliance, in both the lead up to the election and the implications of the various potential

On 19 June 2024, the Financial Conduct Authority (FCA) published an update on its review of the treatment of domestic Politically Exposed Persons (PEPs) by financial services firms.

The FCA explains that it had been on track to publish the findings from this review (which was launched in September 2023)

On Wednesday 12 June 2024, as part of our global ESG webinar series, please join us for the third instalment of this webinar series, as we expand on the greenwashing discussion held in the first webinar.

This webinar will feature a discussion from our NRF financial services enforcement team to provide a perspective on greenwashing

On 4 June 2024, the European Supervisory Authorities (ESAs) published their final reports on greenwashing in the financial sector. 

Each ESA provides a stocktake of the current supervisory response to greenwashing risks under their remit and notes that Member State competent authorities (NCAs) are already taking steps in the area of

On 24 May 2024, the Council of the EU announced that it had formally adopted the Corporate Sustainability Due Diligence Directive. After being signed by the President of the European Parliament and the President of the Council, the directive will be published in the Official Journal of the European Union and will enter into force