For a long time, both the PRA and FCA have recognised that climate change is a potential material financial risk to regulated firms. On...
Freshfields Sustainability
Building on our earlier analysis of the ESG Rating Regulation (February 2024), we now turn to its implementation phase: The European...
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Today (3 April 2025), the European Parliament adopted the Omnibus Stop-the-Clock proposal (STC) for the CSRD and CSDDD. As discussed in...
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Introduction On 26 February, the European Commission (EC) published its Clean Industrial Deal (CID), which is expected to be this term’s...
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The European Commission (EC) has published its highly anticipated sustainability-related Omnibus simplification package (Omnibus...
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The FCA identifies climate adaptation challenges for financial services firms Every five years, the UK government produces an assessment...
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While the European Union (EU) awaits the European Commission’s detailed proposals on the EU Omnibus proposal with revisions to the...
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In her first Mansion House speech (on 14 November 2024), Rachel Reeves, the UK’s Chancellor of the Exchequer covered, amongst other...
2024 was a momentous year for the financial services industry. Financial institutions had to deal with geopolitical risks arising from...
The spectacle of COP is over again. A New Collective Quantified Goal (NCQG) on climate finance was agreed (albeit at a level decried by...
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This month the UK Chancellor of the Exchequer, Rachel Reeves, confirmed as part of her first Mansion House speech the UK Government’s...
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An application has been filed against National Australia Bank (NAB) in which a shareholder is seeking disclosure of the circumstances in...