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1 month ago | 
mondaq.com | Tim Baines |Sam Eastwood |Peter Pears |Johannes Weichbrodt
On 26 February 2025, the European Commission("Commission") published its "Omnibus I" or "SustainabilityOmnibus" package as part of its mission to improve thecompetitiveness of the European Union.
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Dec 21, 2024 | 
openlegalblogarchive.org | Peter Pears |James C. Taylor |Patrick Scholl |Robert M. Flanigan |Alexei Döhl |Whitney Joseph | +4 more
Christmas is coming early to the ESG bond market as the new EU Green Bond Standard applies from 21 December 2024. The new standard is conceptually similar to existing ICMA use of proceeds standards but quite different in the detail. Under the standard, net proceeds, subject to certain exceptions, must be allocated to EU taxonomy-aligned activities and Issuers must fulfil various reporting and information requirements in accordance with new pre and post issuance disclosure templates.
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Jun 11, 2024 | 
mondaq.com | Tim Baines |James Ford |Edouard Gergondet |Peter Pears
The EU Taxonomy Regulation (the
"Regulation") is a highly complex piece
of legislation which sets out a classification framework in order
to determine whether an economic activity carried out by an
undertaking is environmentally sustainable.
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Jun 6, 2024 | 
lexology.com | Sam Eastwood |Tim Baines |Johannes Weichbrodt |Peter Pears |Edouard Gergondet |James Ford | +1 more
The EU Taxonomy Regulation (the "Regulation") is a highly complex piece of legislation which sets out a classification framework in order to determine whether an economic activity carried out by an undertaking is environmentally sustainable.
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May 21, 2024 | 
mondaq.com | James Taylor |Peter Pears |Tim Baines |Musonda Kapotwe
On 14 May 2024, the European Securities and Markets Authority
("ESMA") published its final report on
"Guidelines on funds' names using ESG or
sustainability-related terms" (the
"Guidelines"). The Guidelines aim to
provide fund managers with clear and measurable criteria to assess
their ability to use ESG and/or sustainability-related terms in
fund names, thereby ensuring that investors are protected against
associated greenwashing risk.
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May 16, 2024 | 
lexology.com | Marcel Hörauf |Patrick Scholl |James Taylor |Peter Pears |Tim Baines |Musonda Kapotwe | +1 more
On 14 May 2024, the European Securities and Markets Authority ("ESMA") published its final report on "Guidelines on funds’ names using ESG or sustainability-related terms" (the "Guidelines"). The Guidelines aim to provide fund managers with clear and measurable criteria to assess their ability to use ESG and/or sustainability-related terms in fund names, thereby ensuring that investors are protected against associated greenwashing risk.
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Apr 23, 2024 | 
lexblog.com | Tim Baines |Musonda Kapotwe |Peter Pears |James Taylor
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024.
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Apr 23, 2024 | 
lexology.com | Oliver Williams |Tim Baines |Musonda Kapotwe |Peter Pears |James Taylor
On 23 April 2024, the UK’s Financial Conduct Authority (“FCA“) published its “Finalised non‑handbook guidance on the Anti‑Greenwashing Rule (FG/24/3)” (the “Guidance“). The FCA has published the Guidance to help in-scope firms understand and comply with the anti-greenwashing rule, which will come into effect on 31 May 2024.
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Apr 10, 2024 | 
lexblog.com | James Taylor |Peter Pears |Oliver Williams
On 26 March 2024, the European Securities and Markets Authority (“ESMA“) published a consultation on its first set of regulatory technical standards (“RTS“) under the EU Green Bond Standard Regulation (the “Consultation“). The Consultation addresses mandates relating to the registration and supervision of external reviewers and aims to clarify the criteria used for assessing an application for registration.
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Mar 29, 2024 | 
jdsupra.com | Peter Pears
March 29, 2024
To embed, copy and paste the code into your website or blog:
[co-author: Ben Crosby]INTRODUCTIONAlthough Environmental, Social and Governance-related (“ESG”) initiatives continue to face some political headwinds, and the ESG-linked debt market suffered a downturn in 2023, a nascent product type is piquing the interest of certain players in the sustainable debt space.
