Jean Hurley2 min read
Vasilka Lalevska1 min read
Miroslav Đurić | Taylor Wessing7 min read

The EC is aiming to adopt this delegated act in late 2026, applying to in-scope entities in respect of financial year 2027.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS3 min read

The PRA has issued a principles-based, proportionate framework of expectations for firms to manage climate-related financial risk.

The proposals address well-documented concerns about opacity, reliability, and independence in the ESG ratings market.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS7 min read

A holistic summary of the differences between the leaked version and this official version.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS6 min read

New measures applicable to UK‑located providers delivering ratings to any client globally and also overseas providers where ratings are made available to UK customers.
Laura Houët | CMS, Ben Maconick | CMS5 min read

What’s changed and what it means for financial institutions.
Laura Houët | CMS, Ben Maconick | CMS3 min read

If endorsed, the use of these standards in reporting would initially be voluntary, but may become mandatory.

Voluntary UK Stewardship Code is widely adopted in the asset management industry.
Laura Houët | CMS, Ben Maconick | CMS, Oliver Williams | CMS3 min read