Episoder
-
In this week's episode of Travers Smith's Sustainability Insights we are looking at the new UK government's approach to transition finance.
Links:
https://www.gov.uk/government/news/record-breaking-international-investment-summit-secures-63-billion-and-nearly-38000-jobs-for-the-uk
https://www.cityam.com/bosses-at-worlds-biggest-banks-britain-is-ready-for-investment/
https://www.gov.uk/government/speeches/pm-international-investment-summit-speech-14-october-2024
https://www.gov.uk/government/news/game-changing-tech-to-reach-the-public-faster-as-dedicated-new-unit-launched-to-curb-red-tape
https://www.cityam.com/rachel-reeves-promises-to-revolutionise-uk-capital-markets-and-boost-london-listings/
https://www.gov.uk/government/news/dan-corry-appointed-to-lead-defra-regulation-review
https://assets.publishing.service.gov.uk/media/670cde8692bb81fcdbe7b745/industrial-strategy-green-paper-final.pdf
https://www.ukib.org.uk/
https://www.british-business-bank.co.uk/finance-providers-equity-finance/british-growth-partnership
https://www.linkedin.com/posts/bvca_a-significant-step-forward-for-investment-activity-7251635037433991168-ztWw/
https://www.theglobalcity.uk/PositiveWebsite/media/Research-reports/Scaling-Transition-Finance-Report.pdf
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023H1425
https://www.ft.com/content/c0ca95ce-ffcf-4c10-b789-174e359e16ef
https://player.captivate.fm/episode/457a3e0b-8938-43d1-8590-64e33625b7c0/
https://url.uk.m.mimecastprotect.com/s/VBJCC8p4c9q036txt0FyxU-_?domain=sites-traverssmith.vuturevx.com
-
Manglende episoder?
-
Welcome to the fifth episode in our Sustainability Insights ... in conversation series.
In the fifth episode of our Sustainability Insights … in conversation series, where we discuss the role of responsible investment in improving risk-adjusted returns, in aligning values, and in solving real world problems.
Does Sustainable Investing Work?
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at we are looking at the EU AI Act, and its likely impact on the attractiveness of the EU as a hub for Artificial Intelligence.
Links:
https://academic.oup.com/book/36491
https://digital-strategy.ec.europa.eu/en/policies/european-approach-artificial-intelligence
https://www.theguardian.com/books/2023/sep/02/i-hope-im-wrong-the-co-founder-of-deepmind-on-how-ai-threatens-to-reshape-life-as-we-know-it
https://oecd.ai/en/ai-principles
https://www.esma.europa.eu/sites/default/files/2024-05/ESMA35-335435667-5924__Public_Statement_on_AI_and_investment_services.pdf
https://www.traverssmith.com/knowledge/knowledge-container/travers-smiths-alternative-insights-financial-regulation-and-ai/
https://www.traverssmith.com/knowledge/knowledge-container/travers-smiths-alternative-insights-financial-regulation-and-ai/
https://www.gov.uk/government/consultations/ai-regulation-a-pro-innovation-approach-policy-proposals/outcome/a-pro-innovation-approach-to-ai-regulation-government-response
http://opiniojuris.org/2020/11/25/the-time-has-come-for-international-regulation-on-artificial-intelligence-an-interview-with-andrew-murray/#:~:text=I%20would%20much%20prefer%2C%20if%20possible%2C%20if%20this%20was%20a%20truly%20international%20(UN%2Dled%2C%20for%20example)%20exercise%20wherein%20countries%20like%20China%20are%20on%20board%20and%20not%20feeling%20coerced%20into%20adopting%20something
-
In this week's issue of Travers Smith's Sustainability Insights we are looking at Mario Draghi's report on EU competitiveness and its potential impact on sustainability regulation for private capital firms
Links:
https://commission.europa.eu/document/download/97e481fd-2dc3-412d-be4c-f152a8232961_en
https://www.ft.com/content/298008a0-b75d-4062-9cb1-86b12ac30fbd
https://commission.europa.eu/document/download/ec1409c1-d4b4-4882-8bdd-3519f86bbb92_en
https://ec.europa.eu/commission/presscorner/detail/en/IP_00_96
https://www.epc.eu/content/PDF/2024/20230277_hidden_champions_missed_opportunities_en.pdf
https://www.traverssmith.com/knowledge/knowledge-container/new-mandatory-tcfd-reporting-for-more-uk-companies/
https://commission.europa.eu/system/files/2023-03/Communication_Long-term-competitiveness.pdf
https://doi.org/10.1093/jfr/fjac001
https://link.springer.com/article/10.1007/s11142-021-09609-5
https://www.bvca.co.uk/Portals/0/BVCA%20Response%20to%20FRC%20UK%20SD%20TAC%20CfE.pdf
https://commission.europa.eu/document/download/e6cd4328-673c-4e7a-8683-f63ffb2cf648_en?filename=Political%20Guidelines%202024-2029_EN.pdf
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at we are looking at NAV lending to private equity funds, and ILPA's recently issued guidance.
Links:
McKinsey's 2024 Global Markets Review
ILPA guidance on continuation funds
ILPA review of its highly impactful reporting template
ILPA guidance on NAV-based facilities
Financial Stability Report
BVCA pointed out
ILPA Guidance
-
Welcome to the third episode in our Sustainability Insights ... in conversation series.
In the fourth episode of our Sustainability Insights … in conversation series, Simon Witney speaks to Diandra Soobiah, Director of Responsible Investment at Nest, the National Employment Savings Trust. Their discussion explores Nest's significant commitments to the private markets and, with 15% of NEST's £42 billion AUM allocated to private markets, Diandra explains what more she wants to see from the sector.
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at trends in the private markets as discussed at our third annual Alternative Insights Summit in June.
To see the agenda for our Summit, click here.
Links:
https://www.traverssmith.com/knowledge/knowledge-container/travers-smiths-alternative-insights-back-to-work/
https://www.linkedin.com/posts/travers-smith_assetmanagement-alternativeinsights-privatecapital-activity-7217464206562865152-BOcr
https://www.linkedin.com/posts/travers-smith_assetmanagement-investigations-markets-activity-7219621018435227648-h7dE
https://www.linkedin.com/posts/travers-smith_markets-assetmanagement-pensions-activity-7221107755879731200-eAlh
https://www.bvca.co.uk/Policy/Investment-Compact
https://www.linkedin.com/posts/travers-smith_assetmanagement-tax-markets-activity-7221835553900531714-vyWu/
https://www.linkedin.com/posts/travers-smith_esg-sustainability-markets-activity-7218950444658626560-d1kP/
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at trends in the private markets as reported by the keynote speaker at our recent summit.
Links:
https://www.bain.com/insights/topics/global-private-equity-report/
https://www.collercapital.com/coller-capitals-40th-global-private-capital-barometer-summer-2024/
-
In this week's issue of Travers Smith's Sustainability Insights we are looking at the future for UK sustainability policy.
We have released the third episode in our podcast series Sustainability Insights … in conversation. In conversation with Simon Witney, Ellen De Kreij, lead advisor to Apax’s Operational Excellence Practice on Impact and Sustainability, explains how Apax selects impact investments, how they work with management to promote impact, and how they report on impact to their investors.
Listen to the conversation here, and please subscribe to receive future editions in this podcast series direct to your inbox.
Links:
https://www.cer.eu/insights/what-will-eu-election-results-mean-europe
https://uksif.org/wp-content/uploads/2023/08/Letter-to-PM-on-NZ-commitment-Aug23-UPDATED.pdf
https://www.gov.uk/government/news/uk-becomes-first-major-economy-to-pass-net-zero-emissions-law
https://www.gov.uk/government/news/plans-unveiled-to-decarbonise-uk-power-system-by-2035
https://www.gov.uk/government/news/uk-enshrines-new-target-in-law-to-slash-emissions-by-78-by-2035
https://www.gov.uk/government/publications/net-zero-strategy
https://www.traverssmith.com/knowledge/knowledge-container/biodiversity-net-gain
https://www.bbc.co.uk/news/articles/cw44vj3e1wyo
https://www.traverssmith.com/knowledge/knowledge-container/sustainability-disclosure-requirements-sdr-and-investment-labels-the-new-rules/
https://www.traverssmith.com/knowledge/knowledge-container/travers-smiths-sustainability-insights-the-european-commissions-review-of-sfdr/
https://www.greenfinanceinstitute.com/wp-content/uploads/2023/10/GTAG-Chair-Final-Statement.pdf
https://committees.parliament.uk/publications/43465/documents/216119/default/
https://www.traverssmith.com/knowledge/knowledge-container/the-carbon-border-adjustment-mechanism-recap-and-updates/
https://www.gov.uk/gov
https://betterbusinessact.org/ernment/consultations/addressing-carbon-leakage-risk-to-support-decarbonisation
https://www.bbc.co.uk/news/uk-politics-68244772
https://www.bvca.co.uk/Portals/0/Documents/Research/2024%20Reports/BVCA-Manifesto-For-Growth.pdf
https://labour.org.uk/wp-content/uploads/2024/01/Financing-Growth.pdf
-
Our third episode of Sustainability Insights… in conversation focuses on impact and what it means to Apax Partners. Ellen De Kreij is lead advisor to the Operational Excellence Practice on Impact and Sustainability and is a true expert in the Impact field. Together with Simon Witney from Travers Smith's ESG & Impact team, Ellen and Simon discuss how Apax select impact investments, how they marketed their impact fund, and how they demonstrate the impact that they and their portfolio companies are having.
Apax were quite the early movers in the impact space, having started to focus on their portfolio companies' ESG footprints in 2012, and over the years have exemplified the power of the private markets when thinking about impact and sustainability.
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at the diverging path of private funds regulation in the US and the EU.
Links:
https://www.traverssmith.com/knowledge/knowledge-container/sec-finalises-private-fund-adviser-rules/
https://www.traverssmith.com/knowledge/knowledge-container/aifmd-ii-the-next-phase-of-eu-alternative-investment-fund-regulation/
https://www.ft.com/content/a3138e87-1e8b-494b-80c3-7361c554b379
https://www.bvca.co.uk/Portals/0/Documents/Policy/Submissions/220425%20BVCA%20response%20to%20SEC%20private%20fund%20adviser%20proposals.pdf
https://ilpa.org/quarterly-reporting-standards/
https://ilpa.org/wp-content/uploads/2024/06/ILPA-Launches-Comment-Period-for-Quarterly-Reporting-Standards.pdf
-
In this week's issue of sustainability insights we are looking at the latest EU rules on fund names and greenwashing.
Links:
https://www.traverssmith.com/knowledge/knowledge-container/sdr-finalised-guidance-on-the-anti-greenwashing-rule
https://www.traverssmith.com/knowledge/knowledge-container/sustainability-disclosure-requirements-sdr-and-investment-labels-the-new-rules/
https://www.traverssmith.com/knowledge/knowledge-container/travers-smiths-sustainability-insights-the-uks-anti-greenwashing-rule/
https://www.traverssmith.com/knowledge/knowledge-container/esma-guidelines-on-fund-names/
https://www.esma.europa.eu/sites/default/files/2024-05/ESMA34-472-440_Final_Report_Guidelines_on_funds_names.pdf
https://www.traverssmith.com/knowledge/knowledge-container/esma-guidelines-on-fund-names/
https://www.traverssmith.com/knowledge/knowledge-container/sustainability-disclosure-requirements-sdr-and-investment-labels-the-new-rules/#:~:text=Naming%20and%20marketing%20rules
https://eur-lex.europa.eu/eli/reg_del/2020/1818/oj#:~:text=in%20Article%205.-,Article%2012,-Exclusions%20for%20EU
-
In this week's issue of Travers Smith's Alternative Insights, we are looking at Artificial Intelligence, and the opportunities it offers for asset managers.
FCA's AI update: AI Update (fca.org.uk)
Our note on the FCA's update The FCA and Bank of England's "strategic approach" to AI – what it means for regulated firms | Travers Smith
-
In this week's issue of sustainability insights we are looking at the UK's latest clampdown on greenwashing.
Links:
Sustainability Disclosure Requirements - Our detailed analysis of the guidance is here
FCA has also issued detailed guidance
Feedback from the BVCA
FCA CP24/8: Extending the SDR regime to Portfolio Management
-
Our second episode of Sustainability Insights … in conversation charts Kristen Weldon's journey to natural capital in private markets. Simon Witney and John Buttanshaw from Travers Smith's ESG team talk to Kristen about the importance of nature and biodiversity, explore some of the investible opportunities for the private markets, and discuss UK and EU legal and regulatory initiatives.
-
In this week's issue of Sustainability Insights, we are looking at Labour law reforms across the UK and Europe in light of upcoming elections.
Links:
TUC - "The biggest upgrade of workers’ rights in a generation"IER - CBI lobbying to ‘soften’ Labour’s workers’ rights pledges, FT reports.FT - Keir Starmer seeks to reassure business over Labour’s worker rights pledgesIER - Row rumbles on as business leaders line up against a 'full fat' New Deal for workers - IEREuropean Commissions - Social Europe: More transparent and predictable working conditions for workers in EUEuropean Council - Platform workers: Council confirms agreement on new rules to improve their working conditionsFCA proposals for asset managersUS FTC proposed ban on employers imposing non-competes on employeesUK government's Department for Business & Trade 'Non-Compete Clauses'Raconteur - is this the death of the non-compete clause?The Hill - 'Banning non-compete agreements hurts US companies and workers'CMA research report on competition and market power in UK labour marketSHRM - ' Will the FTC Finalize a Compete Ban on Noncompetes?'
-
In this week's issue of Travers Smith's Alternative Insights we are looking at the European Commission's recent policy brief reviewing the first 100 days of the EU's Foreign Subsidies Regulation.
Links:
EU's new Foreign Subsidies Regulation
Travers Smith's Alternative Insights: The impact of the EU's new rules on foreign subsidies
The European Commission's recent policy brief
-
In this week's issue of Sustainability Insights, we are looking at European supply chain due diligence requirements including the fate of the EU's CS3D.
Links:
Aligning the EU Due Diligence Directive with the International Standards: Key Issues in the Negotiations
FT article - France seeks weaker EU due diligence rules for banks
Forecast for 2024 European Parliament elections
European lawmakers reached an in-principle agreement on the Commission's 2022 proposal to ban products from the EU market that are made with forced labour
US Uyghur Forced Labor Prevention Act
Call for evidence issued by an influential Parliamentary Committee
Our recent note on similar European rules
OECD Due Diligence Guidance for Responsible Business Conduct
Business and Human Rights Resource Centre - UK: Update - 50 businesses sign statement calling for human rights due diligence legislation
Our briefing - "Value chain" negligence claims: the door has been opened
Our ESG risk map
- Vis mere