
Publication
Blue Bonds: Making a splash in the Capital Markets
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
Canada | Publication | December 9, 2024
The Government of Canada is creating a Federal Plastics Registry (the Registry) to help eliminate plastic waste by 2030. For an overview of the Registry and its reporting requirements, check out our November 6th update and for a detailed review of which plastics and products are targeted, check out our November 11th update. In this update, we will focus on the phased implementation of the reporting requirements under the Registry.
The Registry, created pursuant to a notice published in the Canada Gazette (the Notice), requires reporting on plastic resins and products for calendar years 2024 to 2026. To allow reporting entities to meet their obligations, these requirements will be implemented in phases, with each phase introducing additional categories and data points that must be reported.
For each reporting year, information must be reported by September 29th of the following year. All quantities mentioned below must be reported in kilograms, along with the methods used to determine those quantities.
There is some ambiguity in the drafting of the Notice, such that it is not clear whether general and administrative information must be reported by all entities beginning in 2024, or whether some entities are only required to begin reporting such information in following years.
Environment and Climate Change Canada is drafting guidelines to assist entities in preparing reports, and we expect that these guidelines will resolve several ambiguities with the Notice, including with respect to the phased implementation.
All entities subject to the reporting requirements must report the general and administrative information set out below, except where indicated otherwise.
General
Administrative Information
Product Information
In addition to the information required for 2024, the reporting requirements expand to include the additional data points set out below.
In addition to the information required for 2024 and 2025, the reporting requirements further expand to include information set out below.
Businesses involved in the lifecycle of plastics and plastic products must comply with the new reporting requirements beginning in 2025. This will involve establishing systems to collect and report the required data accurately, engaging with PROs that can assist with data collection and reporting, and monitoring regulatory developments and further guidance and updates from the Government of Canada.
Publication
In 2018, the Republic of Seychelles launched the first-ever “blue bond”, with the support of the World Bank Group and the Global Environment Facility.
Publication
We are delighted to be participating in Marine Money Week New York 2025. As one of the landmark events for the global shipping finance community, and with the global shipping and maritime industry at such a pivotal juncture, we look forward to catching up with clients and contacts to continue discussions around navigating the current challenges and opportunities.
Publication
On 8 May 2025, the Court of Justice of the European Union (the CJEU) delivered its ruling in case C-581/23 (the Ruling), providing guidance on one of the conditions for an exclusive distribution agreement to benefit from the block exemption under Article 4(b)(i) of the 2010 Vertical Block Exemption Regulation (the VBER)1, notably the so-called ‘parallel imposition requirement’.
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