UK Knowledge Collection | ESG, Litigation Funding, And Changes To The Takeover Code

ESG issues remain high on legislative agendas. The EU's Corporate Due Diligence Directive was approved by the European Parliament, but a proposal for a new regulation on nature restoration hit the buffers. With the Parliament's legislative work paused in advance of June's elections, businesses must now wait to see what becomes of this and other EU legislative proposals. Our ESG round-up looks at these and other developments, while our Insight looks in more depth at the guidance being provided to UK financial services firms on the FCA's anti-greenwashing rule, which comes into force at the end of the month.

The UK government has introduced new legislation intended to explicitly ensure the enforceability of litigation funding arrangements. It was motivated to act following a Supreme Court judgment last year which cast uncertainty on how such arrangements could work in future. Our Insight looks at the impact of the Paccar decision and how the bill may resolve current