Publication
M&A hub: Developments driving and shaping M&A
Key legal and regulatory developments driving and shaping M&A
United Kingdom | Publication | September 2023
On 25 September 2023, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) published consultations setting out their proposals to introduce a new regulatory framework on diversity and inclusion (D&I) in the financial sector. The FCA’s consultation paper, CP23/20, is on D&I in the financial sector – ‘working together to drive change’, and the PRA’s consultation, CP18/23, is on D&I in PRA-regulated firms.
For further information, see our Regulation Tomorrow blog post.
On 15 September 2023 the UK Endorsements Board (UKEB) published two reports arising from its Climate-related Matters Research Project. The evidence gathered for these reports will help the UKEB obtain insight into UK companies’ existing experience of reporting on climate-related matters and the connectivity between sustainability reporting and financial reporting in this respect.
The two reports are as follows:
A desktop review of 24 recent research reports and articles commenting on climate-related risks and their connections with financial statements indicated three broad themes. In order of prevalence, these were:
These are discussed in more detail in the reports.
Publication
Key legal and regulatory developments driving and shaping M&A
Publication
We are delighted to be participating in Posidonia 2024. As one of the landmark events for the global shipping community, and with global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue to discussions with around navigating the current challenges and opportunities.
Publication
On 3rd May 2024, the Hong Kong International Arbitration Centre (HKIAC) introduced new arbitration rules that would come into force on 1 June 2024. The 2018 Administered Arbitration Rules of the HKIAC (the 2018 Rules) have been well-received by users and are widely recognised as a market-leading set of arbitral rules since their releaseThe 2024 Administered Arbitration Rules of the HKIAC (the 2024 Rules) is a refinement of the 2018 Rules but with key changes to reflect advancing social norms of diversity, environmental and technological developments. They also introduce new powers and clarify existing powers of tribunals and the HKIAC.
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