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CMS Luxembourg | European Union, Luxembourg | 7 Jun 2023

ESAs put forward common understanding of greenwashing

As part of its aspiration that supervisors play an essential role in identifying, preventing, investigating, sanctioning, and remediating…
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MinterEllison | Australia | 7 Jun 2023

ASIC Chair warns against 'Greenhushing'

ASIC Chair says ESG disclosure expectations will only increase, reiterates ASIC's continued focus on tackling greenwashing ahead of the expected…
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MinterEllison | Australia | 7 Jun 2023

Governance News 7 June 2023

This week's issue has a strong ESG focus. In his address to the AFR ESG Summit this week, ASIC Chair Joe Longo again underlined ASIC's continued…
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McCann FitzGerald LLP | United Kingdom | 7 Jun 2023

FRC consults on revisions to the UK Corporate Governance Code - key considerations

On 24 May 2023, the UK Financial Reporting Council published a consultation paper proposing changes to the UK Corporate Governance Code. The changes…
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Loyens & Loeff | European Union | 7 Jun 2023

The Corporate Sustainability Due Diligence Directive (CSDDD): the position of the European Parliament and potential impact

On 1 June 2023, the European Parliament has agreed on its position on the Directive on corporate sustainability due diligence (the CSDDD). The CSDDD…
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Gowling WLG | United Kingdom | 7 Jun 2023

Data Unlocked: How B2B data sharing could unlock billions in untapped value

Data is one of the drivers, if not the key driver, of modern economies. The World Economic Forum calculates that the global data economy is worth…
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CMS Switzerland | European Union, Switzerland | 7 Jun 2023

Competition law aspects of ESG initiatives in the life sciences & healthcare sector

Globally and in the EU, the initiatives to promote ESG developments are increasing. However, companies are still required to comply with competition…
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Gowling WLG | United Kingdom | 6 Jun 2023

Why do your ESG credentials matter to investors?

Environmental social and corporate governance issues (ESG) have moved from the sidelines to the mainstream of the investment industry. In recent…
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Hall Benefits Law | USA | 6 Jun 2023

President Biden Vetoes H.J. Res 30 Disapproving of DOL Final Rule

President Joe Biden recently issued a message to the U.S. House of Representatives that vetoed H.J. Res. 30. This resolution would disapprove of a…
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Latham & Watkins LLP | European Union | 6 Jun 2023

European Commission Clarifies Aspects of SFDR With Additional Guidance

In April 2023, the European Commission (Commission) published a series of answers to questions that the European Supervisory Agencies (ESAs) had…
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