Publication
“AI and sustainability - cure or curse?”
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Global | Publication | November 2018
Since 1st April 2018, a commercial or domestic property that does not achieve an Energy Efficiency Certificate (EPC) rating of E or higher is a “substandard property”. A sub-standard property must not be let until the landlord carries out “relevant” energy efficiency improvements to bring it to the required standard.
There are some exemptions (see our July Focus), one being that improvements to domestic property are only required if they are at “no cost” to the landlord, for example because local authority grants are available.
The government has decided that this exemption has resulted in the regime having “insufficient bite”. It announced on 5th November 2018 that the current regulations (The Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015) will be amended to:
Once in force, the amended regulations will apply on the grant of a new tenancy to both new and existing tenants. From 2020, they will apply to all privately rented domestic property.
Enforcement is in the hands of the local authority and its powers include the issue of fines (capped at £5,000) and the right to “name and shame”.
The changes are expected to come into force during 2019 “subject to parliamentary time” and, it is estimated, will affect about 200,000 landlords.
Publication
While AI can help resolve data issues in sustainable investing, it can create problems such as information breaches and inherent bias in data.
Publication
In this edition of Regulation Around the World we review recent steps that financial services regulatory authorities have taken as regards investment research.
Publication
n a long-running dispute, taking in no less than three arbitrations spanning 26 years cumulatively (involving allegations of state interference in the arbitral process), the Court has provided useful guidance on the ss.67 and 68 challenges, particularly in the context of investor-state claims.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023