The SC has on 1 September 2022 made certain housekeeping amendments throughout the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework issued on 9 March 2015 to offer larger clarity and consistency. These amendments embody stylistic or formatting adjustments and essential modifications of an editorial nature and substitution of terms. JC3 welcomed the issuance of the Sustainable and Responsible Investment-linked (SRI-linked) Sukuk Framework by the SC on 30 June 2022 to facilitate companies to issue SRI-linked Sukuk to help their transition in direction of low-carbon activities. JC3 can be actively exploring suitable pilot programmes to check new green solutions and devices corresponding to blended finance to support the event of climate-friendly tasks. Financial institutions have submitted the primary report on the application of the Climate Change and Principlebased Taxonomy (“CCPT”) to BNM. JC3, via the CCPT Implementation Group (“CCPT IG”), is working with the trade and partners to additional improve the consistency and high quality of classifications under the CCPT for existing outstanding financing and investments.
Our legal professionals present legal experience to clients close to and much from our places of work located across the UK and in Brussels. The Supreme Court on Monday wrestled with an appeal from the National Rifle Association difficult the way a New York financial regulator pressured banking and insurance coverage corporations to chop ties with the gun rights group. However, sure passages of the new legislation have sparked public criticism, particularly, the proposed reduction of patent safety by two years.