Publication
UK Carbon Border Adjustment Mechanism: how will it work?
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Canada | Publication | October 2019
The Canadian Securities Administrators (CSA) recently released finalized amendments (the Amendments) to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103) and its companion policy. The Amendments are aimed at raising investor confidence in capital markets, prioritizing client interests and improving client-advisor relationships, by aligning client interests with those of registered firms and individuals in a more seamless way.
The CSA originally proposed amendments to NI 31-103 in June 2018. On October 3, 2019, after a lengthy public consultation period, the CSA released the finalized Amendments. Subject to ministerial approval, the Amendments will take effect in multiple phases during a transitional period. The first phase, relating to conflicts of interest and the associated relationship disclosure information provisions, will require compliance by the end of next year. The balance of requirements will take effect at the end of 2021.
The Amendments reflect concerns and comments received from industry participants, and differ from the initially proposed amendments in 2018 in several key ways, including:
Some of the noteworthy updates imposed by the Amendments include:
Publication
In February, we reported on the Department of Energy Security and Net Zero’s confirmation that a UK Carbon Border Adjustment Mechanism (CBAM) would be bought into force by 2027
Publication
International financial markets have started to show significant interest in nature and biodiversity. Whilst climate change and greenhouse gas emissions have made the headlines in recent years, there has been much less focus on their equally important counterparts, nature and biodiversity. However, that has started to change.
Publication
In April 2024, the UK Government published details of its sustainable aviation fuel mandate (the UK SAF Mandate) and launched a consultation on proposals for a revenue certainty mechanism to support UK sustainable aviation fuel (SAF) production.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023