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Nature – The next ESG frontier for corporates? A company’s relationship with the environment goes beyond its CO2 emissions. While boards will understandably be focused on recent climate-related initiatives, organisations should also be thinking about their impacts and dependencies on the natural... Employment Bulletin - July 2021 Upcoming Employment Bill: latest developments; “Childcare disparity” assumed in discrimination claims; Executive entitled to bonuses for projects completed after redundancy; Gender critical beliefs were protected Topics covered in this bullet... Competition & Regulatory Newsletter (23 June - 6 July 2021) Fine reduction for HSBC as European Commission re-adopts EURIBOR decisions Fine reduction for HSBC as European Commission re-adopts EURIBOR decisions On 28 June 2021 the European Commission adopted two decisions against three major banks in respect of a... FCA proposal for a “consumer duty”: a policy roadmap for product design? The FCA is consulting on its proposal to introduce a new “consumer duty” which is envisaged to set substantively higher standards for the level of care that firms must give to their customers. Natalie Barnes, Associate in the Financial Regula... International tax reform – now it’s time to get excited! In my previous blog, I couldn’t get too excited about the G7’s announcement on 5 June that agreement in principle had been reached on some key aspects of international tax reform because there was so little detail and an agreement between 7 se... Pensions Bulletin - June 2021 In this month’s Pensions Bulletin, we review two publications from the Pensions Regulator (TPR) - the Annual Funding Statement and consultation on a revised Code of Practice on Contribution Notices in the light of the extension of TPR’s powers... FCA proposes to extend climate-related disclosure obligations to standard segment companies Briefing discusses FCA proposals to require standard listed equity issuers to make TCFD-aligned climate-related disclosures in their annual reports for financial years starting on or after 1 January 2022. For financial years starting on or after 1 Januar... Enhancing climate-related disclosures by asset managers and asset owners The FCA has now published a consultation on introducing climate-related disclosures for asset managers and asset owners, including life insurers, alongside a consultation on extending the Listing Rules disclosure requirements to standard-listed commercial... COVID-19: Availability of landlord remedies for unpaid rent Measures first announced at the start of the initial lockdown in 2020 to protect tenants from enforcement action in relation to unpaid rent have once again been extended. Some measures will remain in place until 25 March 2022. The Government has also anno... COVID-19 protections for commercial tenants - is Government intervention here to stay? Following our briefing issued last week, 16 June 2021, the Government has announced its plans to extend protections for commercial tenants, ring-fence arrears accrued during lockdown and require arbitration for tenants and landlords who cannot agree on ho...