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Sustainable Business Practices Financial Conduct Authority (FCA) Corporate Governance

Latham & Watkins LLP

FCA Pushes Back Deadline for SDR Naming and Marketing Rules

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The regulator is providing temporary flexibility in light of concerns that asset managers need extra time to prepare. On 9 September 2024, the FCA published a statement on its naming and marketing rules under the...more

Goodwin

Sustainability Disclosure Rules in the UK: Extending the FCA’s Regime to Portfolio Managers

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In our previous alert The FCA’s Sustainability Disclosure Requirements and Labelling Regime (SDR): A Flexible Regime for UK Private Fund Managers, we examined the final framework under policy statement PS23/16, on...more

A&O Shearman

UK FCA’s new package of sustainability disclosure requirements, labelling rules and anti-greenwashing rule

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The Financial Conduct Authority’s (FCA) new package of sustainability disclosure requirements (SDR) and investment labelling rules is a key pillar of the UK government’s efforts to introduce an economy-wide SDR regime. All...more

Latham & Watkins LLP

Recent Developments for UK PLCs - November Edition

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On 16 October 2023, Nikhil Rathi, Chief Executive of the FCA, delivered a speech at the City Dinner at Mansion House which describes the FCA’s work in supporting international competitiveness and growth. Amongst other things,...more

Latham & Watkins LLP

Recent Developments for UK PLCs - October Edition

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Companies Invited to Voluntarily Adopt New Nature-related Financial Disclosure Framework - On 18 September 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published its final recommendations for...more

Latham & Watkins LLP

UK Announces Sustainability Disclosure Standards Based on the ISSB

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The UK standards will aim to increase the comparability and value of reported information for investors. The UK government announced on 2 August 2023 that it will develop standards for company sustainability disclosures...more

BCLP

Corporate Briefing - July 2023

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Welcome to the Corporate Briefing, where we review the latest developments in UK corporate law that you need to know about. In this month’s issue, we discuss...more

BCLP

Corporate Briefing - May 2023

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Welcome to the Corporate Briefing, where we review the latest developments in corporate law that you need to know about. In this month’s issue, we discuss...more

Cadwalader, Wickersham & Taft LLP

FCA Delays Introduction of Sustainability Disclosure Requirements

The UK Financial Conduct Authority (FCA) has announced that its widely-anticipated Policy Statement in response to the Sustainable Disclosure Requirements (SDRs) and investment labels consultation will now be published in Q3...more

Hogan Lovells

UK: FCA update on SDR and investment labels consultation

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The FCA has confirmed that it is delaying its final rules and policy statement in relation to the Sustainability Disclosure Requirements and investment labels proposals from the end of June 2023 to Q3 2023....more

Latham & Watkins LLP

DP 23/1: FCA Publishes Discussion Paper on Sustainability-Related Governance, Incentives, and Competence

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The discussion paper aims to encourage industry-wide dialogue on sustainability related-governance, incentives, and competence. On 10 February 2023, the FCA published DP23/1: Finance for positive sustainable change:...more

Hogan Lovells

UK FCA Discussion Paper on finance for positive sustainable change

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On 10 February 2023, the UK’s Financial Conduct Authority (FCA) published a discussion paper on finance for driving positive sustainable change.  The discussion paper considers firms’ sustainability-related governance...more

Hogan Lovells

ESG Market Alert – November 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 expanding scope of EU rules on ESG disclosures; FRC Lab launches project on...more

Goodwin

The Sustainability Disclosure Requirements and Investment Labels Rules: Tougher ESG Standards for UK Private Fund Managers

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​​​​​​​In our previous client alert, FCA ESG Rules: The Next Deadline for UK Private Fund Managers, we noted the likely expansion of the Environmental, Social, and Governance Sourcebook (ESG Rules) of the UK Financial Conduct...more

Goodwin

FCA ESG Rules: The Next Deadline for U.K. Private Fund Managers

Goodwin on

In our previous client alert, Back to Work: The FCA's 2022-23 Priorities for Private Fund Managers, we mentioned the need for FCA-authorised private fund managers with assets under management (AuM) of over £5 billion and who...more

WilmerHale

Greenwashing - a new regulatory risk

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A key plank to the Government’s regulatory ESG agenda is simple: investment in sustainable projects and companies will assist the UK in meeting its environmental targets. Consumer interest appears to be aligned: there is a...more

Akin Gump Strauss Hauer & Feld LLP

In Principle: Key Things Authorised Firms Need to Know for 2022

The SFDR and the Taxonomy Regulation: Key Developments and What Firms Can Expect in the Coming Year - Almost a year on from the date on which the European Union’s Sustainable Finance Disclosure Regulation (SFDR) came into...more

Akin Gump Strauss Hauer & Feld LLP

Proposed UK Sustainable Disclosure Requirements

The Financial Conduct Authority (FCA) has issued a Discussion Paper (DP21/4) (the “DP”) seeking industry participants’ views on the proposed new Sustainability Disclosure Requirements (SDR) and an accompanying sustainability...more

Hogan Lovells

FCA seeks views on Sustainability Disclosure Requirements (SDR) and investment labels

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On 3 November 2021, the UK Financial Conduct Authority (FCA) published a discussion paper on the UK Sustainability Disclosure Requirements (SDR) together with the long awaited investment labels (DP21/4). These reflect the...more

BCLP

FCA discussion paper on entity and product level Sustainability Disclosure Requirements (SDR) for the UK investment management...

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On 3 November 2021 the FCA published a discussion paper (DP) seeking views on how best to introduce Sustainability Disclosure Requirements (SDR) for certain asset managers and FCA-regulated asset owners, as well as a...more

Latham & Watkins LLP

FCA Launches Discussion on Sustainability Disclosure Requirements and Product Labels

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The regulator is inviting views on potential criteria for classifying and labelling investment products, and on further entity- and product-level sustainability-related disclosures. On 3 November 2021, the FCA published...more

Latham & Watkins LLP

ESG Toolkit Expands for European PE

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Green shoots emerge as PE firms consider new ways to incorporate ESG into dealmaking. Market sentiment and the increasing importance of environmental, social, and governance (ESG) to firms’ competitiveness across the...more

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