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Latham & Watkins LLP

Key Takeaways From Rachel Reeves’ Mansion House Speech

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The UK Chancellor announces a growth-focused agenda for financial services. On 14 November 2024, the new Chancellor of the Exchequer, Rachel Reeves, delivered her first Mansion House speech....more

A&O Shearman

Inside the U.K.’s Transition Finance Market Review

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We were proud to provide market-leading expertise and legal support to the secretariat of the Transition Market Finance Review. The review explores how the U.K. can become a leading market for transition finance domestically...more

Proskauer Rose LLP

Regulation Round Up - May 2024

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Key developments in May 2024: ESG: The Financial Conduct Authority (“FCA”) updated its webpage on the sustainability disclosure requirements (“SDR”) and investments labelling regime. Among other things, the webpage has been...more

A&O Shearman

Risks in sustainability-related disclosures – reflections on landmark climate litigation actions in the English courts

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Last year, we wrote about ClientEarth’s application to the High Court of England and Wales for permission to bring a judicial review claim, alleging that the UK Financial Conduct Authority (FCA) unlawfully approved the IPO...more

White & Case LLP

Key developments in corporate governance

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This briefing is the sixth in our series of briefings on corporate governance and is designed to provide a synopsis of topical corporate governance matters impacting companies in the United Kingdom. This briefing tracks the...more

A&O Shearman

Primary Market Bulletin 45 - IFRS Sustainability Disclosures, Third Country Auditors And Shell Companies

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On 10 August 2023, the FCA issued another of its regular newsletters to primary market participants, Primary Market Bulletin 45 ("PMB 45"). This covers four topics: new IFRS sustainability and climate-related disclosures, the...more

Proskauer Rose LLP

Regulation Round Up - March 2023

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31 March - SFTR: The European Securities and Markets Authority (“ESMA”) published an updated version of its Q&As (ESMA74-362-893) on complying with reporting requirements under the Regulation on reporting and transparency...more

Hogan Lovells

ESG Market Alert – August 2022

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In this alert, we provide a round-up of the latest developments in ESG for UK corporates. In this month’s ESG Market Alert, we cover: New UN guidance on how businesses should ensure respect for human rights in...more

WilmerHale

UK Update: ESG Data and Ratings Providers to Come Within Regulatory Perimeter

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A key outcome of the UK’s Financial Conduct Authority’s (“FCA”) ESG strategy is the promotion of integrity within the ESG-labelled securities market, supported by the growth of effective service providers. To that end, in...more

BCLP

Banking Bites - July 2022

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Welcome to Banking Bites! This is our short summary flagging key developments in the UK that we hope will inform your activities in your market. This edition covers...more

Dechert LLP

International Capital Markets Newsletter - July 2022, Issue 6: The Growing Trend of Gender Bonds in 2022

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The Growing Trend of Gender Bonds in 2022 - Sustainable investing has experienced significant growth in recent years due to a continued and increasing focus on environmental, social and governance (“ESG”) factors by...more

Latham & Watkins LLP

FCA Identifies “Clear Rationale” for Regulating ESG Data and Ratings Providers

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The FCA emphasised the increasing prevalence of providers and the potential harm from lack of regulation in this area. In June 2022, the UK’s Financial Conduct Authority (FCA) issued a Feedback Statement in response to a...more

Paul Hastings LLP

Daily Financial Regulation Update -- Friday, May 27, 2022

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Congress- U.S. House of Representatives- Committee on Financial Services- Hearing: Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency-...more

Hogan Lovells

ESG Market Alert – May 2022

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In this alert, we provide a round-up of the latest developments in ESG for UK corporates. In this month’s ESG Market Alert, we cover: The FCA’s final rules on mandatory D&I reporting for UK listed companies; ESMA publishes...more

Latham & Watkins LLP

Top 5 Focus Areas for UK Equity Capital Markets in 2022

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Broad reform to listing regimes, growing ESG scrutiny, and increasing retail participation in fundraisings are among the areas to watch. Last year was memorable for UK equity capital markets (ECM). The IPO market was at...more

Orrick, Herrington & Sutcliffe LLP

FCA Publishes New Listing Rule and Guidance on Climate Related Disclosures Applicable to Standard Listed Companies

On 17 December 2021, the Financial Conduct Authority ("FCA") announced a new Listing Rule on climate-related disclosures in its policy statement PS12/23. The new Listing Rule will apply to issuers of shares (or global...more

Hogan Lovells

Financial Services Regulatory Initiatives Forum publishes latest edition of Regulatory Initiatives Grid

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The fourth edition of the Financial Services Regulatory Initiatives Grid has been published today by the Financial Services Regulatory Initiatives Forum. Amongst the initiatives included in the Grid are new climate related...more

Latham & Watkins LLP

FCA Seeks to Extend Climate-Related Disclosures for Listed Companies

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The FCA is consulting on extending its rules to standard listed issuers. On 22 June 2021, the FCA published a Consultation Paper (CP21/18) on extending the application of the existing climate-related disclosure...more

BCLP

Proposed climate-related disclosures for standard listed companies

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As part of the UK government’s roadmap towards mandatory climate-related disclosures across the entire UK economy by 2025, the FCA is proposing to extend the application of its new climate-related disclosure requirements to...more

White & Case LLP

5 things you need to know about … short selling

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1. What is short selling and why is it controversial? Short selling is the practice of betting that a listed company's share price will drop. This is typically effected by the person who is placing the bet (usually a hedge...more

Hogan Lovells

FCA Policy Statement: improving climate-related disclosures by UK listed companies and clarification of existing climate-related...

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Recent changes introduced by the Financial Conduct Authority (FCA) - On 21 December 2020, as we broke for Christmas, the FCA published new Listing Rule 9.8.6R(8) (LR) and guidance requiring commercial companies with a UK...more

Proskauer Rose LLP

Regulation Round Up - November 2020

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30 November - The Prudential Regulation Authority (“PRA”) published a statement about its forthcoming policy statement on implementing the CRD V Directive ((EU) 2019/878). HM Treasury updated its webpage on a call for...more

Hogan Lovells

UK: Focus on Climate Change and Green Finance

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On 5 June 2019, the Treasury Committee launched an inquiry into the decarbonisation of the UK economy and green finance which will look at the role of the UK regulators and financial services firms in supporting the...more

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