EU Shareholder Rights Directi e

EU to crackdown on greenwashing in green bonds 20 May, 2022 The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU. The EU Parliament’s Economic and Monetary Affairs Committee have proposed a series of measures to better regulate the green bond market. The Committee hopes the […]

Read More
european court of auditors, luxembourg

The European Court of Auditors has warned investors are still at risk from incurring “undue costs” as a true single market remains elusive.

Read More
nuclear, power plant

The European Commission is in talks to classify nuclear energy and gas as green investments in its new sustainable taxonomy.

Read More

The first two chapters of the EU’s sustainable taxonomy rules have been passed by member states and will come into force at the start of next year.

Read More

The European Financial Reporting Advisory Group (EFRAG) is seeking appointees for 11 new industry groups to assist with a review of the bloc’s sustainability reporting standards.

Read More
corporate governance codes

National corporate governance codes need to be adapted to take account of the challenges that exist when companies have dominant shareholders or small groups of shareholders collectively have a dominant share of the total shareholder vote according to a survey of directors conducted by the accountancy firm Mazars, the international accountancy and advisory firm, and the […]

Read More

The EU’s High-Level Expert Group (HLEG) on Sustainable Finance, set up by the European Commission in December 2016, has produced its final recommendations. The Commission has pledged that these proposals will form part of its sustainable finance action plan that will be discussed at a conference in Brussels in March. The HLEG made recommendations across […]

Read More
Amazon Luxembourg

The European Commission has ruled that global online retailer Amazon must repay €250 million in illegal state aid that was granted to it by Luxembourg as tax benefits. The Commission stated that under a rule adopted by Luxembourg Amazon paid substantially less tax than other businesses. The Commission launched its investigation in October 2014 which has found […]

Read More
climate-related financial disclosures

The EU’s High-Level Expert Group on Sustainable Finance, established by the European Commission, has published its interim report and made early recommendations to move Europe towards a low carbon, more resource-efficient and sustainable economy. The Commission said that this report is part of its broader efforts to map out a strategy on sustainable finance, which formed […]

Read More
EU Shareholder Rights Directi e

The revised EU’s Shareholder Rights Directive was approved by the European Parliament (EP) earlier this week and will be formally adopted by the European Council, made up of the member states, shortly. Once adopted member states have two years to put the directive into effect in their own countries. The main changes to the existing shareholder […]

Read More