Financial Services Regulatory Developments in ESG

Pillar 1 – Governance

Pillar 2 – Risk identification, assessment and mitigation

Pillar 3 – Policies and procedures

Pillar 4 – Product design, labelling, manufacturing and distribution

Pillar 5 – Disclosures and reporting

Pillar 6 – Regulatory interventions, investigations and disputes

Crackdown on fund mislabelling: New ESG fund name guidelines on the horizon

Investor demand for investment funds that incorporate environmental, social, and governance (ESG) factors has grown and will continue to grow in the future.

Regulation Tomorrow Plus: Consumer Duty and ESG

In our latest Regulation Tomorrow Plus podcast Matthew Gregory and Simon Lovegrove discuss the Consumer Duty and ESG.

ClientEarth fails in judicial review against Financial Conduct Authority

ClientEarth, an environmental charity that seeks to bring legal challenges in respect of entities that it considers have not discharged their environmental responsibilities, has failed in its attempt to judicially review a decision of the Financial Conduct Authority (FCA) to approve the prospectus of a UK oil and gas company, Ithaca Energy plc (Ithaca). Ithaca’s flotation was the UK’s largest public listing of 2022.

Part 3: Greenwashing in focus: Navigating the rise of enforcement

In this three-part webinar series, our team of experienced NRF lawyers and consultants, along with industry leaders and regulators, will explore the latest developments and trends within ESG regulation.

Part 2: ESG financial services trends in the US

In this three-part webinar series, our team of experienced NRF lawyers and consultants, along with industry leaders and regulators, will explore the latest developments and trends within ESG regulation.

Regulation Tomorrow Plus: ESG insight series

In the second of our financial services ESG insight series, Haney Saadah covers three recent Regulation Tomorrow blogs that caught his eye: the Bank of England report on climate-related risks and the regulatory capital frameworks, the Green Claims Directive and UKSIF’s letter to the Treasury Sub-Committee on Financial Services Regulations.

Managing the greenwashing risk

In this session, we look at how regulators are dealing with greenwashing and how to reduce the risk of a greenwashing claim.

Regulation Tomorrow Plus - What to expect in 2023?

In this episode, our London Financial Services & Regulation partners reflect on some of the key UK regulatory themes from the past year and what we expect to come down the track in 2023 including Consumer Duty and ESG.

ESG: Key regulatory risks in the UK and US and practical steps to manage them

In our next episode of RT Plus, Katie Stephen, Co-Head of our Contentious Financial Services Group in London, and Celia Cohen, Co-Head of Financial Institutions in the United States, discuss the key regulatory risks for financial services firms in their respective jurisdictions around Environmental, Social and Governance issues. Katie and Celia also give us their practical tips on what firms can be doing now to help manage those risks.