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Sustainability regulations: no greenwashing allowed!

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Jeremy Richmond KC, Michael Rhode & Alexander Emmott provide an overview of developments in sustainability regulations, push payment fraud & de-banking
  • Considers incoming FCA regulations on greenwashing and sustainability advertising.
  • Notes developments in law regarding authorised push payments fraud.
  • Covers the latest developments in ­­­de‑banking (de-risking).

UK financial institutions continue to face a complex regulatory landscape, balancing a developed financial system with customer protections. With new regulations set to be introduced by the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) later this year and beyond, this article considers protections (and risks) associated with some of the proposals and talking points.

Sustainability disclosure requirements

With increased focus on environmental, social and governance (ESG) issues, driven by global demand and stakeholder pressure, new and challenging risks arise for the UK’s financial institutions.

ESG-related litigation initially emerged predominantly with shareholder actions under ss 90 and 90A of the Financial Services and Markets Act 2000, or derivative actions under s 260(1) of the

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MOVERS & SHAKERS

Charles Russell Speechlys—Matthew Griffin

Charles Russell Speechlys—Matthew Griffin

Firm strengthens international funds capability with senior hire

Gilson Gray—Jeremy Davy

Gilson Gray—Jeremy Davy

Partner appointed as head of residential conveyancing for England

DR Solicitors—Paul Edels

DR Solicitors—Paul Edels

Specialist firm enhances corporate healthcare practice with partner appointment

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