FSR GLOBAL OUTLOOK 2024: FINDING SOLID GROUND AS THE BEDROCK SHIFTS

We are delighted to share our global FSR Outlook 2024: Finding solid ground as the bedrock shiftsIn 2024, the character of change facing the financial industry is more foundational - or fundamental - in nature than ever before. From ESG to AI, the shape of the world we live in is changing in a radical way. This year, we chart the paths through the shifting landscape for financial services businesses seeking solid ground. Read more

FCA publishes anti-greenwashing rule (and other measures)

The FCA published today its long-awaited Policy Statement on SDR (PS23/16 "Sustainability Disclosure Requirements (SDR) and investment labels"). This is over a year following the consultation in October 2022. The SDR Policy Statement is accompanied by a Guidance Consultation, GC23/2 "Guidance on the Anti-Greenwashing rule", which follows feedback from the industry for further guidance on the expectation on firms in respect of the anti-greenwashing rule. The FCA is consulting on the Guidance and the consultation closes on 26 January 2024. Read more

Herbert Smith Freehills publishes Global Bank Review 2023: Trust Matters

Perhaps the most striking thing about the world of finance a decade and a half since the banking crisis is that the industry has not quite managed to regain the allure and self-confidence of earlier times. Certainly, this is a time in which trust – that most precious commodity in banking – is hard to earn and retain. This year's Global Bank Review: Trust Matters explores trust on many fronts. Read more

EU Sustainable Finance – pulling it all together

Are you struggling to keep track of the ever changing landscape of EU Sustainable Finance? As shown by a number of our previous posts, there is a lot on the European Union’s sustainability finance agenda which financial industry participants need to keep in mind... Read more

The Edinburgh Reforms – Half-Year Review

Tracking the progress of the Edinburgh Reforms In December 2022, the Chancellor of the Exchequer announced a series of financial services proposals which became known as the Edinburgh Reforms. Together with the Financial Services and Markets Act 2023 (Act), which received royal assent on 29 June 2023 (see our overview of the Act here), the … Read more