Publication
Building long-term integrity in the voluntary carbon market
In recent years, an important question has arisen in relation to the voluntary carbon market (VCM) as it continues to expand: How do we elevate and maintain its integrity?
Clearing solutions for pension scheme arrangements under EMIR – temporary exemption extended once more
United Kingdom | Publication | May 2023
Pension schemes using certain types of over-the-counter derivatives were previously warned that the temporary exemption under EMIR to centrally clear these trades, which had been extended several times since 2012, was due to end on June 19, 2023.
In our March 2023 update we reported that HM Treasury intended to extend the pension fund clearing exemption for a further period of two years to June 18, 2025. In addition, HMT announced that it would also extend the temporary intragroup exemption regime by a further three years to December 31, 2026.
The relevant extensions will come into force on June 12, 2023, under the Pension Fund Clearing Obligation Exemption and Intragroup Transaction Transitional Clearing and Risk Management Obligation Exemptions (Extension and Amendment) Regulations 2023.
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International Restructuring Newswire
Welcome to the Q2 2024 edition of the Norton Rose Fulbright International Restructuring Newswire.
Publication
The Second stage of the EPBC Act reform is announced
On 16 April 2024, the Hon Tanya Plibersek MP, the Minister for the Environment and Water (the Minister) announced progress on the package of reforms to the Environment Protection and Biodiversity Conservation Act 1999 (Cth) (EPBC Act).
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